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HARVEST EQW GL UTIL ENH INC (HUTE.CA) Stock Technical Analysis

TSX:HUTE - Toronto Stock Exchange - CA41754D1033 - ETF - Currency: CAD

11.1  +0.03 (+0.27%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to HUTE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HUTE is only an average performer.

Warning: HUTE has an average volume of 22966 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
HUTE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HUTE is lagging the market slightly.
When comparing the performance of all stocks over the past year, HUTE turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
In the last month HUTE has a been trading in a tight range between 10.77 and 11.30.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HARVEST EQW GL UTIL ENH INC / HUTE Weekly stock chart
HARVEST EQW GL UTIL ENH INC / HUTE Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, HUTE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.10, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.03

11.54

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 10.81 to 11.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.32 to 10.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 10.13 to 10.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @11.18 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 11.42 to 11.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HUTE.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HUTE.CA is up.
ChartMill Relative Strength43.48NEUTRALHUTE.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HUTE.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of HUTE.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of HUTE.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)56NEUTRALThe RSI value for HUTE.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests HUTE.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)55.95NEUTRALThe Stochastics value for HUTE.CA is a neutral value.
Average True Range in percent/ATR (20)1.21LOW VOLATILITYThe low ATR as a percentage value for HUTE.CA suggests low volalility.
Average Directional Index/ADX (14)35.29POSITIVEThe high ADX value value for HUTE.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
11.1910.850.34 (3.04%)25.00%
An entry @11.19. This is a Buy Stop order right above the resistance zone.An exit @10.85. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.34 points, which is 3.04%.For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HARVEST EQW GL UTIL ENH INC / HUTE Daily stock chart

HARVEST EQW GL UTIL ENH INC

TSX:HUTE (7/30/2025, 7:00:00 PM)

11.1

+0.03 (+0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week0%
2 Weeks2.02%
1 Month1.93%
3 Month2.78%
6 Month9.14%
12 Month10.45%
2 Year10.89%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.21%
ATR Inc-65.35%
Range Today0.05
ADR(20)0.13
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.48
Mansfield-0.43
10 Day High11.3
10 Day Low10.86
20 Day High11.3
20 Day Low10.77
52 Week High11.47
52 Week Low9
CS1 End11.1
CR1 Start11.18
Volume & EV
DER(3)-1.8%
DER(5)-2.69%
Volume31.95K
Volume Incr25.93%
Vol(5)32.14K
Vol(50)22.97K