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Highpoint Resources Corp (HPR) Stock Technical Analysis

NYSE:HPR - New York Stock Exchange, Inc. -

4.73  -0.74 (-13.53%)

After market: 4.72 -0.01 (-0.21%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to HPR. HPR 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than HPR.
HPR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HPR is lagging the market.
In the last month HPR has a been trading in the 4.20 - 12.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
Highpoint Resources Corp / HPR Weekly stock chart
Highpoint Resources Corp / HPR Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, HPR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

4.67

10.83

When analyzing the support we notice one important area.

  • A support zone ranging from 4.72 to 4.72. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @10.72 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for HPR is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for HPR is down.
ChartMill Relative Strength1.02NEGATIVEHPR has a low relative strength, it was outperformed by 98.98% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of HPR is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of HPR is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of HPR is below a declining SMA(200).
Relative Strength Index/RSI (14)40.75NEUTRALThe RSI value for HPR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests HPR has a negative trend.
Stochastics (14,3)15.32OVERSOLDThe low Stochastics value suggests HPR may be oversold.
Average True Range in percent/ATR (20)37.16HIGH VOLATILITYThe high ATR as a percentage value for HPR suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Highpoint Resources Corp / HPR Daily stock chart

Highpoint Resources Corp

NYSE:HPR (4/1/2021, 8:04:00 PM)

After market: 4.72 -0.01 (-0.21%)

4.73

-0.74 (-13.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-13.53%
1 Week-38.97%
2 Weeks-0.21%
1 Month-37.52%
3 Month-48.36%
6 Month-55.79%
12 Month-41.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.11
ATR(20)%37.16%
ATR Inc-38.82%
Range Today0.84
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.02
Mansfield-6.79
10 Day High12.25
10 Day Low4.2
20 Day High12.25
20 Day Low4.2
52 Week High37.5
52 Week Low2.8
CS1 End4.72
CR1 Start10.72
Volume & EV
DER(3)2.96%
DER(5)-2.69%
Volume4.09M
Volume Incr456.14%
Vol(5)4.20M
Vol(50)895.53K