HEADWATER EXPLORATION INC (HWX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:HWX - CA4220961078 - Common Stock
We assign a technical rating of 8 out of 10 to HWX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HWX is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- HWX is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 88% of 214 stocks in the same industry.
- A new 52 week high is currently being made by HWX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month HWX has a been trading in the 8.74 - 10.57 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, HWX did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HWX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.77
We found 2 important support areas.
- A support zone ranging from 8.91 to 9.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.85 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 | UP | POSITIVE | The short term trend for HWX.CA is up. |
| ChartMill Relative Strength | 78.74 | POSITIVE | HWX.CA has a high relative strength, it outperformed 78.74% 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) | 71.33 | OVERBOUGHT | The high RSI value suggests HWX.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HWX.CA has a positive trend. |
| Stochastics (14,3) | 88.25 | OVERBOUGHT | The high Stochastics value suggests HWX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for HWX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.43 | NEUTRAL | The ADX value for HWX.CA suggests a possible start of a new trend. |
TSX:HWX (1/16/2026, 7:00:00 PM)
10.37
+0.37 (+3.7%)
HEADWATER EXPLORATION INC / HWX.CA FAQ
What is the technical rating for HWX stock?
ChartMill assigns a technical rating of 8 / 10 to HWX.CA.
What is the current trend direction of HEADWATER EXPLORATION INC (HWX.CA) stock?
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 71.3277. This indicates that the stock is currently overbought.
Can you provide the MACD signal for HEADWATER EXPLORATION INC?
The MACD indicator for HEADWATER EXPLORATION INC (HWX.CA) has a value of 0.0752362, indicating a bearish trend.
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.