HOUSTON AMERICAN ENERGY CORP (HUSA) Stock Technical Analysis
USA - NYSEARCA:HUSA - US44183U3086 - Common Stock
We assign a technical rating of 0 out of 10 to HUSA. 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.
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.
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5.11
When analyzing the support we notice one important area.
- A support zone ranging from 5.16 to 5.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.91 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 | 2.26 | NEGATIVE | HUSA has a low relative strength, it was outperformed by 97.74% 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) | 40.3 | 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) | 42.38 | NEUTRAL | The Stochastics value for HUSA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for HUSA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for HUSA suggests a possible start of a new trend. |
5.66
-0.32 (-5.35%)
HOUSTON AMERICAN ENERGY CORP / HUSA FAQ
What is the technical rating for HUSA stock?
ChartMill assigns a technical rating of 0 / 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 40.2951. 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 0.0779494, 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.