HOUSTON AMERICAN ENERGY CORP (HUSA) Stock Technical Analysis
USA - NYSEARCA:HUSA - US44183U3086 - Common Stock
5.72 USD
+0.21 (+3.81%)
6.9 USD
+1.18 (+20.63%)
Overall HUSA gets a technical rating of 0 out of 10. HUSA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HUSA is a bad performer in the overall market: 98% of all stocks are doing better.
HUSA is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 91% are performing better than HUSA.
HUSA 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 HUSA has a been trading in the 5.10 - 7.51 range, which is quite wide. It is currently trading near the lows of this range.
HUSA has a poor technical rating and the quality of the setup is also only medium 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
5.11
5.78
When analyzing the support we notice one important area.
- A support zone ranging from 5.16 to 5.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HUSA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HUSA is down. |
| ChartMill Relative Strength | 2.56 | NEGATIVE | HUSA has a low relative strength, it was outperformed by 97.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HUSA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HUSA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HUSA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.66 | NEUTRAL | The RSI value for HUSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HUSA has a positive trend. |
| Stochastics (14,3) | 27.15 | NEUTRAL | The Stochastics value for HUSA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for HUSA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for HUSA suggests a possible start of a new 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)
5.72
+0.21 (+3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.81%
1 Week2.14%
2 Weeks-7.14%
1 Month-15.88%
3 Month-47.33%
6 Month-8.8%
12 Month-64.25%
2 Year-70.21%
3 Year-84.99%
5 Year-61.35%
10 Year-73.08%
15 Year-99.67%
Volatility
ATR(14)0.38
ATR(20)%7.13%
ATR Inc52.87%
Range Today0.65
ADR(20)0.4
ADR(20)%6.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.56
3 months CRS2.42
6 months CRS14.54
Mansfield-4.97
10 Day High6.33
10 Day Low5.1
20 Day High7.51
20 Day Low5.1
52 Week High32
52 Week Low3.85
CS1 End5.2
CR1 StartN/A
Volume & EV
DER(3)6.06%
DER(5)2.06%
Volume504.86K
Volume Incr-37.86%
Vol(5)119.70K
Vol(50)170.42K