Taking everything into account, HUSA scores 0 out of 10 in our technical rating. 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.
More info and screens
2.14
We found 1 important resistance area.
- Resistance @2.28 from a horizontal line 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 | 0.8 | NEGATIVE | HUSA has a low relative strength, it was outperformed by 99.2% 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. |
2.16
+0.02 (+0.93%)
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 23.0094. This indicates that the stock is currently oversold.
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 -0.110724, 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.