Highpoint Resources Corp (HPR) Technical Analysis
NYSE:HPR
Current stock price
HPR Technical Rating and Analysis
Overall HPR gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, HPR is a bad performer in the overall market: 99% of all stocks are doing better.
- HPR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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.
HPR Weekly and Daily overview Charts
HPR Setup Rating and Analysis
HPR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
HPR Support and Resistance Analysis
4.67
We found 1 important support 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.
We found 1 important resistance area.
- Resistance @10.72 from a horizontal line in the daily time frame.
HPR 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 | DOWN | NEGATIVE | The long term trend for HPR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HPR is down. |
| ChartMill Relative Strength | 1.02 | NEGATIVE | HPR has a low relative strength, it was outperformed by 98.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HPR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HPR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HPR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.75 | NEUTRAL | The RSI value for HPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HPR has a negative trend. |
| Stochastics (14,3) | 15.32 | OVERSOLD | The low Stochastics value suggests HPR may be oversold. |
| Average True Range in percent/ATR (20) | 37.16 | HIGH VOLATILITY | The high ATR as a percentage value for HPR suggests high volalility. |
HPR Chart- and CandleStick Pattern Analysis
HPR Technicals: Chart, Performance Metrics, Trend & Indicators
4.73
-0.74 (-13.53%)
Highpoint Resources Corp / HPR TA FAQ
Can you provide the ChartMill technical rating for Highpoint Resources Corp?
ChartMill assigns a technical rating of 0 / 10 to HPR.
What is the current trend direction of Highpoint Resources Corp (HPR) stock?
The current trend direction for Highpoint Resources Corp (HPR) is Bearish.
What is the RSI signal for Highpoint Resources Corp (HPR) stock?
Highpoint Resources Corp (HPR) has an RSI value of 40.7478. This indicates that the stock is currently neutral.
What is the short term momentum for Highpoint Resources Corp (HPR) stock?
The short term momentum for Highpoint Resources Corp (HPR) is negative.
What is the support and resistance level for HPR stock?
Highpoint Resources Corp (HPR) has a support level at 4.72 and a resistance level at 10.72. Check the full technical report for our detailed analysis of HPR support and resistance levels.