HEADWATER EXPLORATION INC (HWX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:HWX - CA4220961078 - Common Stock
Overall HWX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HWX is showing a nice and steady performance.
Besides having an excellent technical rating, HWX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 9.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HWX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.60
4 important support areas can be observed.
- A support zone ranging from 8.98 to 9.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.52 to 7.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.15 from a trend line in the daily time frame.
- Support @6.67 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 | UP | POSITIVE | The long term trend for HWX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HWX.CA is up. |
| ChartMill Relative Strength | 76.04 | POSITIVE | HWX.CA has a high relative strength, it outperformed 76.04% off all stocks 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) | 61.31 | NEUTRAL | The RSI value for HWX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HWX.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for HWX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for HWX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.69 | POSITIVE | The high ADX value value for HWX.CA suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.25 | 8.97 | 0.28 (3.06%) | 25.00% |
| An entry @9.25. This is a Buy Stop order right above the 10 day moving average. | An exit @8.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.28 points, which is 3.06%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HWX. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:HWX (12/12/2025, 7:00:00 PM)
9.1
+0.06 (+0.66%)
HEADWATER EXPLORATION INC / HWX.CA FAQ
What is the technical rating for HWX stock?
ChartMill assigns a technical rating of 9 / 10 to HWX.CA.
Can you provide the trend direction for HEADWATER EXPLORATION INC?
The current trend direction for HEADWATER EXPLORATION INC (HWX.CA) is Bullish.
Can you provide the RSI signal for HEADWATER EXPLORATION INC?
HEADWATER EXPLORATION INC (HWX.CA) has an RSI value of 61.3086. This indicates that the stock is currently neutral.
What is the buy/sell signal for HWX stock?
The buy/sell signal for HEADWATER EXPLORATION INC (HWX.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HEADWATER EXPLORATION INC?
HEADWATER EXPLORATION INC (HWX.CA) has a support level at 9.09. Check the full technical report for our detailed analysis of HWX.CA support and resistance levels.