HORIZON PETROLEUM LTD (HPL.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:HPL - CA44053J4090 - Common Stock
Overall HPL gets a technical rating of 0 out of 10. HPL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HPL is bad and it also does not present a 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
0.07
We found 1 important support area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.10 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 | DOWN | NEGATIVE | The short term trend for HPL.CA is down. |
| ChartMill Relative Strength | 7.58 | NEGATIVE | HPL.CA has a low relative strength, it was outperformed by 92.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HPL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HPL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HPL.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.52 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 25.56 | NEUTRAL | The Stochastics value for HPL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.31 | HIGH VOLATILITY | The high ATR as a percentage value for HPL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.57 | NEGATIVE | The low ADX value for HPL.CA suggests a weak or negative trend. |
TSX-V:HPL (12/23/2025, 7:00:00 PM)
0.08
+0.01 (+14.29%)
HORIZON PETROLEUM LTD / HPL.CA FAQ
What is the ChartMill technical rating of HORIZON PETROLEUM LTD (HPL.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to HPL.CA.
Can you provide the trend direction for HORIZON PETROLEUM LTD?
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 49.5195. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HORIZON PETROLEUM LTD?
The MACD indicator for HORIZON PETROLEUM LTD (HPL.CA) has a value of -0.00103623, indicating a bearish trend.
What is the buy/sell signal for HORIZON PETROLEUM LTD (HPL.CA) stock?
The buy/sell signal for HORIZON PETROLEUM LTD (HPL.CA) is sell as both the short term and long term trends are negative.