HEADWATER EXPLORATION INC (HWX.CA) Technical Analysis
TSX:HWX • CA4220961078
Current stock price
HWX.CA Technical Rating and Analysis
Taking everything into account, HWX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HWX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that HWX is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by HWX over the past year are nicely spread over this period.
- HWX is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. HWX outperforms 81% of them.
- HWX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HWX is leading the market.
- HWX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HWX.CA Weekly and Daily overview Charts
HWX.CA Setup Rating and Analysis
HWX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
HWX.CA Support and Resistance Analysis
8.34
We found 3 important support areas.
- A support zone ranging from 12.24 to 12.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.65 from a trend line in the daily time frame.
- Support @8.42 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.53 to 12.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.88 to 12.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
HWX.CA 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.
| 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 | 85.57 | POSITIVE | HWX.CA has a high relative strength, it outperformed 85.57% 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) | 59.34 | NEUTRAL | The RSI value for HWX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests HWX.CA has a negative trend. |
| Stochastics (14,3) | 51.4 | NEUTRAL | The Stochastics value for HWX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for HWX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.8 | POSITIVE | The high ADX value value for HWX.CA suggests a strong trend. |
HWX.CA Chart- and CandleStick Pattern Analysis
HWX.CA 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.58 | 12.23 | 0.35 (2.78%) | 25.00% |
| An entry @12.58. This is a Buy Stop order right above the resistance zone. | An exit @12.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 2.78%. | For a 0.70% 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.
HWX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:HWX (3/16/2026, 7:00:00 PM)
12.49
-0.02 (-0.16%)
HEADWATER EXPLORATION INC / HWX.CA TA FAQ
What is the technical rating for HWX stock?
ChartMill assigns a technical rating of 10 / 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 59.3369. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HEADWATER EXPLORATION INC?
The MACD indicator for HEADWATER EXPLORATION INC (HWX.CA) has a value of -0.0519488, 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.