HPX CORP-A (HPX) Technical Analysis
NYSEARCA:HPX • KYG322191001
Current stock price
HPX Technical Rating and Analysis
Overall HPX gets a technical rating of 8 out of 10. HPX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, HPX did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- HPX 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 HPX is lagging the market slightly.
- In the last month HPX has a been trading in the 9.70 - 50.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HPX Weekly and Daily overview Charts
HPX Setup Rating and Analysis
Although HPX has an excellent technical rating, the quality of the presented setup is not ideal 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
HPX Support and Resistance Analysis
9.66
We found 1 important support area.
- A support zone ranging from 9.76 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
HPX 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 HPX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HPX is up. |
| ChartMill Relative Strength | 98.29 | POSITIVE | HPX has a high relative strength, it outperformed 98.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.94 | NEUTRAL | The RSI value for HPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.04 | POSITIVE | The MACD value suggests HPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.88 | NEUTRAL | The Stochastics value for HPX is a neutral value. |
| Average True Range in percent/ATR (20) | 22.91 | HIGH VOLATILITY | The high ATR as a percentage value for HPX suggests high volalility. |
| Average Directional Index/ADX (14) | 38.69 | POSITIVE | The high ADX value value for HPX suggests a strong trend. |
HPX Chart- and CandleStick Pattern Analysis
HPX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.51 | 9.75 | 40.76 (80.70%) | 1.24% |
| An entry @50.51. This is a Buy Stop order right above the 10 day high. | An exit @9.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 40.76 points, which is 80.70%. | When investing 1.24% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HPX Technicals: Chart, Performance Metrics, Trend & Indicators
17.57
+0.21 (+1.21%)
HPX CORP-A / HPX TA FAQ
What is the technical rating for HPX stock?
ChartMill assigns a technical rating of 7 / 10 to HPX.
Can you provide the trend direction for HPX CORP-A?
The current trend direction for HPX CORP-A (HPX) is Bearish.
Can you provide the RSI signal for HPX CORP-A?
HPX CORP-A (HPX) has an RSI value of 61.9403. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HPX CORP-A?
The MACD indicator for HPX CORP-A (HPX) has a value of 1.03706, indicating a bullish trend.
What is the support and resistance level for HPX stock?
HPX CORP-A (HPX) has a support level at 9.96. Check the full technical report for our detailed analysis of HPX support and resistance levels.