HOUSTON AMERICAN ENERGY CORP (HUSA) Technical Analysis
NYSEARCA:HUSA • US44183U3086
Current stock price
HUSA Technical Rating and Analysis
Overall HUSA gets a technical rating of 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, HUSA is a bad performer in the overall market: 99% of all stocks are doing better.
- HUSA is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 94% of 209 stocks in the same industry do better.
- HUSA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index 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 1.96 - 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
When analyzing the resistance we notice one important 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 HOUSTON AMERICAN ENERGY CORP (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 short term momentum for HUSA stock?
The short term momentum for HOUSTON AMERICAN ENERGY CORP (HUSA) is negative.
Can you provide the support and resistance levels for HOUSTON AMERICAN ENERGY CORP?
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.