HOUSTON AMERICAN ENERGY CORP (HUSA) Stock Technical Analysis
USA - NYSEARCA:HUSA - US44183U3086 - Common Stock
Overall HUSA gets a technical rating of 1 out of 10. HUSA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, HUSA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for HUSA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.78
We found 3 important support areas.
- A support zone ranging from 5.33 to 5.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.99 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.83 to 4.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.98 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | 3.47 | NEGATIVE | HUSA has a low relative strength, it was outperformed by 96.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HUSA is above the rising 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) | 46.2 | NEUTRAL | The RSI value for HUSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HUSA has a positive trend. |
| Stochastics (14,3) | 48.37 | NEUTRAL | The Stochastics value for HUSA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.35 | HIGH VOLATILITY | The high ATR as a percentage value for HUSA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.65 | NEGATIVE | The low ADX value for HUSA suggests a weak or negative trend. |
5.36
+0.02 (+0.37%)
HOUSTON AMERICAN ENERGY CORP / HUSA FAQ
What is the technical rating for HUSA stock?
ChartMill assigns a technical rating of 1 / 10 to HUSA.
What is the current trend direction of HOUSTON AMERICAN ENERGY CORP (HUSA) stock?
The current trend direction for HOUSTON AMERICAN ENERGY CORP (HUSA) is Bearish.
Can you provide the RSI signal for HOUSTON AMERICAN ENERGY CORP?
HOUSTON AMERICAN ENERGY CORP (HUSA) has an RSI value of 46.2007. This indicates that the stock is currently neutral.
What is the MACD signal for HOUSTON AMERICAN ENERGY CORP (HUSA) stock?
The MACD indicator for HOUSTON AMERICAN ENERGY CORP (HUSA) has a value of 0.0791632, indicating a bearish trend.
What is the buy/sell signal for HOUSTON AMERICAN ENERGY CORP (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.