HORIZON PETROLEUM LTD (HPL.CA) Technical Analysis
TSX-V:HPL • CA44053J4090
Current stock price
HPL.CA Technical Rating and Analysis
Taking everything into account, HPL scores 5 out of 10 in our technical rating. 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.
- 61% 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. 75% of 212 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- HPL is currently trading in the middle 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 slightly.
- 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.
- Volume is considerably higher in the last couple of days.
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
0.10
We found 1 important support area.
- 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.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The short term trend for HPL.CA is up. |
| ChartMill Relative Strength | 39.01 | NEUTRAL | HPL.CA is not amongst the best or worst performers 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) | 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) | 55.49 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 36 | NEUTRAL | The Stochastics value for HPL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.71 | HIGH VOLATILITY | The high ATR as a percentage value for HPL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.51 | 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 (3/13/2026, 7:00:00 PM)
0.105
+0 (+5%)
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 55.4941. 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 positive.
What is the support and resistance level for HPL stock?
HORIZON PETROLEUM LTD (HPL.CA) has a support level at 0.1 and a resistance level at 0.16. Check the full technical report for our detailed analysis of HPL.CA support and resistance levels.