HORIZON PETROLEUM LTD (HPL.CA) Technical Analysis
TSX-V:HPL • CA44053J4090
Current stock price
HPL.CA Technical Rating and Analysis
Overall HPL gets a technical rating of 5 out of 10. HPL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 61% of all other stocks performed better in the past year than HPL.
- HPL is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 80% are performing better than HPL.
- HPL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HPL is lagging the market.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month HPL has a been trading in the 0.06 - 0.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HPL.CA Weekly and Daily overview Charts
HPL.CA Setup Rating and Analysis
HPL has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
HPL.CA Support and Resistance Analysis
0.09
We found 1 important support area.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.12 from a trend line in the weekly time frame.
- Resistance @0.16 from a trend line in the daily time frame.
HPL.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for HPL.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HPL.CA is neutral. |
| ChartMill Relative Strength | 39.06 | NEUTRAL | HPL.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HPL.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HPL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HPL.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.94 | NEUTRAL | The RSI value for HPL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HPL.CA has a negative trend. |
| Stochastics (14,3) | 17.94 | OVERSOLD | The low Stochastics value suggests HPL.CA may be oversold. |
| Average True Range in percent/ATR (20) | 20.5 | HIGH VOLATILITY | The high ATR as a percentage value for HPL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.29 | NEUTRAL | The ADX value for HPL.CA suggests a possible start of a new trend. |
HPL.CA Chart- and CandleStick Pattern Analysis
HPL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:HPL (3/27/2026, 7:00:00 PM)
0.1
+0.01 (+11.11%)
HORIZON PETROLEUM LTD / HPL.CA TA FAQ
What is the ChartMill technical rating of HORIZON PETROLEUM LTD (HPL.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to HPL.CA.
What is the current trend direction of HORIZON PETROLEUM LTD (HPL.CA) stock?
The current trend direction for HORIZON PETROLEUM LTD (HPL.CA) is Bearish.
Can you provide the RSI signal for HORIZON PETROLEUM LTD?
HORIZON PETROLEUM LTD (HPL.CA) has an RSI value of 51.9446. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HORIZON PETROLEUM LTD?
The short term momentum for HORIZON PETROLEUM LTD (HPL.CA) is neutral.
What is the support and resistance level for HPL stock?
HORIZON PETROLEUM LTD (HPL.CA) has a support level at 0.09 and a resistance level at 0.1. Check the full technical report for our detailed analysis of HPL.CA support and resistance levels.