HEADWATER EXPLORATION INC (HWX.CA) Stock Technical Analysis
Canada - TSX:HWX - CA4220961078 - Common Stock
7.55 CAD
-0.16 (-2.08%)
Overall HWX gets a technical rating of 7 out of 10. In the last year, HWX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
HWX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HWX has a been trading in the 6.58 - 7.79 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, HWX outperforms 51% of them, which is more or less in line with the market.
HWX is part of the Oil, Gas & Consumable Fuels industry. There are 216 other stocks in this industry, HWX did better than 63% of them.
Volume is considerably higher in the last couple of days.
Although HWX has an excellent technical rating, it does not present a decent entry opportunity 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
6.53
7.64
We found 3 important support areas.
- A support zone ranging from 6.96 to 7.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.79 from a trend line in the daily time frame.
- A support zone ranging from 6.60 to 6.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @7.56 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for HWX.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HWX.CA is up. |
| ChartMill Relative Strength | 51.86 | NEUTRAL | HWX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HWX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HWX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HWX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.35 | NEUTRAL | The RSI value for HWX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests HWX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.83 | OVERBOUGHT | The high Stochastics value suggests HWX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for HWX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for HWX.CA suggests a strong trend. |
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)
TSX:HWX (9/19/2025, 7:00:00 PM)
7.55
-0.16 (-2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.08%
1 Week4.43%
2 Weeks13.53%
1 Month10.06%
3 Month5.3%
6 Month18.34%
12 Month15.44%
2 Year5.45%
3 Year43.54%
5 Year439.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.32%
ATR Inc-25.82%
Range Today0.17
ADR(20)0.17
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.86
Mansfield0.21
10 Day High7.79
10 Day Low6.59
20 Day High7.79
20 Day Low6.58
52 Week High7.79
52 Week Low4.75
CS1 End7.02
CR1 Start7.56
Volume & EV
DER(3)4.33%
DER(5)4.43%
Volume790.21K
Volume Incr43.87%
Vol(5)1.04M
Vol(50)675.13K