HORIZON PETROLEUM LTD (HPL.CA) Stock Technical Analysis
TSX-V:HPL - CA44053J4090 - Common Stock
0.105 CAD
0 (0%)
We assign a technical rating of 2 out of 10 to HPL. Recently some decent action could be observed, but in the medium term time frame this is still negative. HPL was also a bad performer in the overall market in the last year.
100% of all other stocks performed better in the past year than HPL.
HPL is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 91% of 215 stocks in the same industry do better.
In the last month HPL has a been trading in the 0.09 - 0.11 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, HPL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.10, a Stop Loss order could be placed below this zone.
More info and screens
0.09
0.14
We found 2 important support areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.14 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for HPL.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HPL.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HPL.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HPL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HPL.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.25 | NEUTRAL | The RSI value for HPL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HPL.CA has a positive trend. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for HPL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for HPL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.73 | NEGATIVE | The low ADX value for HPL.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:HPL (9/2/2025, 7:00:00 PM)
0.105
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week5%
2 Weeks0%
1 Month16.67%
3 Month-19.23%
6 Month-25%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%7.14%
ATR Inc-41.67%
Range Today0
ADR(20)0
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.11
10 Day Low0.09
20 Day High0.11
20 Day Low0.09
52 Week HighN/A
52 Week LowN/A
CS1 End0.1
CR1 Start0.1
Volume & EV
DER(3)0%
DER(5)0%
Volume15.00K
Volume Incr71.35%
Vol(5)58.20K
Vol(50)49.50K