HOUSTON AMERICAN ENERGY CORP (HUSA) Technical Analysis
NYSEARCA:HUSA • US44183U3086
Current stock price
HUSA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to HUSA. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than HUSA.
- HUSA is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 94% 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 1.96 - 5.63 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
HUSA Weekly and Daily overview Charts
HUSA Setup Rating and Analysis
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
HUSA Support and Resistance Analysis
2.14
We found 1 important resistance area.
- Resistance @2.28 from a horizontal line in the daily time frame.
HUSA 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 | 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 | 1.07 | NEGATIVE | HUSA has a low relative strength, it was outperformed by 98.93% 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) | 23.01 | OVERSOLD | The low RSI value suggests HUSA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests HUSA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.48 | OVERSOLD | The low Stochastics value suggests HUSA may be oversold. |
| Average True Range in percent/ATR (20) | 18.89 | HIGH VOLATILITY | The high ATR as a percentage value for HUSA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.63 | POSITIVE | The high ADX value value for HUSA suggests a strong trend. |
HUSA Chart- and CandleStick Pattern Analysis
HUSA Technicals: Chart, Performance Metrics, Trend & Indicators
2.16
+0.02 (+0.93%)
HOUSTON AMERICAN ENERGY CORP / HUSA TA FAQ
What is the technical rating for HUSA stock?
ChartMill assigns a technical rating of 0 / 10 to HUSA.
Can you provide the trend direction for HOUSTON AMERICAN ENERGY CORP?
The current trend direction for HOUSTON AMERICAN ENERGY CORP (HUSA) is Bearish.
What is the RSI signal for HUSA stock?
HOUSTON AMERICAN ENERGY CORP (HUSA) has an RSI value of 23.0094. This indicates that the stock is currently oversold.
What is the buy/sell signal for HUSA stock?
The buy/sell signal for HOUSTON AMERICAN ENERGY CORP (HUSA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for HOUSTON AMERICAN ENERGY CORP (HUSA) stock?
HOUSTON AMERICAN ENERGY CORP (HUSA) has a resistance level at 2.28. Check the full technical report for our detailed analysis of HUSA support and resistance levels.