HEADWATER EXPLORATION INC (HWX.CA) Stock Technical Analysis
Canada - TSX:HWX - CA4220961078 - Common Stock
7 CAD
-0.17 (-2.37%)
We assign a technical rating of 3 out of 10 to HWX. HWX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, HWX is a bad performer in the overall market: 67% of all stocks are doing better.
In the last month HWX has a been trading in the 6.95 - 7.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
HWX 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 HWX is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
HWX is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 42% of 210 stocks in the same industry.
The technical rating of HWX 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
6.53
7.94
2 important support areas can be observed.
- Support @6.96 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.03 to 7.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.82 to 7.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for HWX.CA is down. |
| ChartMill Relative Strength | 33.61 | NEUTRAL | HWX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HWX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HWX.CA is below 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) | 38.16 | NEUTRAL | The RSI value for HWX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HWX.CA has a negative trend. |
| Stochastics (14,3) | 5.44 | OVERSOLD | The low Stochastics value suggests HWX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for HWX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.58 | 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 (10/16/2025, 7:00:00 PM)
7
-0.17 (-2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.37%
1 Week-10.83%
2 Weeks-7.04%
1 Month-9.68%
3 Month-2.1%
6 Month19.86%
12 Month7.69%
2 Year-6.17%
3 Year-3.05%
5 Year446.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%2.88%
ATR Inc-13.23%
Range Today0.23
ADR(20)0.19
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.61
Mansfield-0.48
10 Day High7.93
10 Day Low6.95
20 Day High7.95
20 Day Low6.95
52 Week High7.95
52 Week Low4.75
CS1 End6.96
CR1 Start7.03
Volume & EV
DER(3)-2.52%
DER(5)-4.83%
Volume627.46K
Volume Incr-16.25%
Vol(5)554.94K
Vol(50)646.53K