HOUSTON AMERICAN ENERGY CORP (HUSA) Stock Technical Analysis
NYSEARCA:HUSA - US44183U2096 - Common Stock
8.95 USD
+0.04 (+0.45%)
8.9 USD
-0.05 (-0.56%)
Overall HUSA gets a technical rating of 3 out of 10. Although HUSA is scoring some points because its good overall performance in the market in the past year, 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.
HUSA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HUSA has a been trading in the 7.91 - 11.46 range, which is quite wide. It is currently trading near the lows of this range.
HUSA is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 92% of 208 stocks in the same industry.
HUSA has an average volume of 1112540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HUSA is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
The technical rating of HUSA is bad and it also does not present a quality setup 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
8.11
15.22
We found 3 important support areas.
- Support @8.92 from a horizontal line in the weekly time frame.
- Support @8.51 from a trend line in the daily time frame.
- Support @8.19 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.96 to 8.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.18 from a trend line in the daily time frame.
- Resistance @14.40 from a trend line in the weekly time frame.
- Resistance @15.07 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 | 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 | 89.5 | POSITIVE | HUSA has a high relative strength, it outperformed 89.5% 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) | 43.46 | NEUTRAL | The RSI value for HUSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests HUSA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.6 | NEUTRAL | The Stochastics value for HUSA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.92 | HIGH VOLATILITY | The high ATR as a percentage value for HUSA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.94 | NEGATIVE | The low ADX value for HUSA suggests a weak or negative 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)
8.95
+0.04 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.45%
1 Week5.42%
2 Weeks-10.86%
1 Month-24.15%
3 Month98.45%
6 Month-21.49%
12 Month-20.09%
2 Year-53.63%
3 Year-79.43%
5 Year-35.14%
10 Year-60.22%
15 Year-99.2%
Volatility
ATR(14)0.63
ATR(20)%8.92%
ATR Inc-40.84%
Range Today0.4
ADR(20)0.77
ADR(20)%8.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.5
Mansfield-2.67
10 Day High10.17
10 Day Low7.91
20 Day High11.46
20 Day Low7.91
52 Week High32
52 Week Low3.85
CS1 End8.92
CR1 Start8.96
Volume & EV
DER(3)-5.98%
DER(5)-5.62%
Volume79.40K
Volume Incr-36.59%
Vol(5)99.98K
Vol(50)1.11M