HAMMOND POWER SOLUTIONS INC (HPS-A.CA) Stock Technical Analysis
TSX:HPS-A - Toronto Stock Exchange - CA4085491039 - Common Stock - Currency: CAD
Overall HPS-A gets a technical rating of 5 out of 10. In the past year, HPS-A was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
70% of all other stocks performed better in the past year than HPS-A.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
HPS-A is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
HPS-A is part of the Electrical Equipment industry. There are 14 other stocks in this industry, HPS-A did better than 61% of them.
HPS-A 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 HPS-A is lagging the market slightly.
HPS-A has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 101.52. Right above this resistance zone may be a good entry point.
More info and screens
75.02
145.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 97.96 to 98.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 101.52 to 102.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @103.99 from a horizontal line in the daily time frame.
- Resistance @143.60 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for HPS-A.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HPS-A.CA is up. |
| ChartMill Relative Strength | 30.19 | NEUTRAL | HPS-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HPS-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HPS-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HPS-A.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.03 | NEUTRAL | The RSI value for HPS-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests HPS-A.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.52 | NEUTRAL | The Stochastics value for HPS-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for HPS-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.51 | POSITIVE | The high ADX value value for HPS-A.CA suggests a strong trend. |
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)
TSX:HPS-A (5/22/2025, 7:00:00 PM)
98.93
+0.97 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.99%
1 Week-2.52%
2 Weeks6.99%
1 Month15.97%
3 Month13.94%
6 Month-30.38%
12 Month-23.41%
2 Year134.1%
3 Year503.23%
5 Year1470.32%
10 Year1392.16%
15 Year783.3%
Volatility
ATR(14)4.16
ATR(20)%4.23%
ATR Inc23.94%
Range Today3.4
ADR(20)3.94
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.19
Mansfield-1.29
10 Day High104.77
10 Day Low92.47
20 Day High104.77
20 Day Low85.91
52 Week High152.99
52 Week Low69.29
CS1 End98.92
CR1 Start101.52
Volume & EV
DER(3)-2.95%
DER(5)-0.5%
Volume27.96K
Volume Incr-42.65%
Vol(5)25.66K
Vol(50)51.25K