HOUSTON AMERICAN ENERGY CORP (HUSA)

US44183U2096 - Common Stock

1.67  +0.05 (+3.09%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to HUSA. Recently some decent action could be observed, but in the medium term time frame this is still negative. HUSA was also a bad performer in the overall market in the last year.

80% of all other stocks performed better in the past year than HUSA.
HUSA is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 80% are performing better than HUSA.
HUSA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HUSA is lagging the market.
In the last month HUSA has a been trading in the 1.31 - 2.57 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HUSA Weekly chart
HUSA Daily chart
Setup Rating and Analysis

5

HUSA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

1.29

2.32

We found 3 important support areas.

  • A support zone ranging from 1.61 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.38 from a trend line in the daily time frame.
  • Support @1.30 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @2.30 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.5
Mansfield-2.3
10 Day High2.57
10 Day Low1.58
20 Day High2.57
20 Day Low1.31
52 Week High2.81
52 Week Low1.27
Performance
1 Week-2.99%
2 Weeks1.25%
1 Month21.8%
3 Month0.62%
6 Month-25%
12 Month-28%
2 Year-54.49%
3 Year-0.61%
5 Year-45.36%
10 Year-72.43%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)49.29
LBB1.32
UBB2.22
HUSA Daily chart

HOUSTON AMERICAN ENERGY CORP

NYSEARCA:HUSA (4/26/2024, 3:01:55 PM)

1.67

+0.05 (+3.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.09%
1 Week-2.99%
2 Weeks1.25%
1 Month21.8%
3 Month0.62%
6 Month-25%
12 Month-28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.3
ATR(20)%16.64%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.57
10 Day Low1.58
20 Day High2.57
20 Day Low1.31
52 Week High2.81
52 Week Low1.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume458.04K
Volume Incr-23.24%
Vol(5)1.18M
Vol(50)770.62K