UNITED HUNTER OIL & GAS CORP (UHO.CA) Stock Technical Analysis
Canada - TSX-V:UHO - CA9106243038 - Common Stock
We assign a technical rating of 6 out of 10 to UHO. In the last year, UHO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
UHO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UHO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.08
We found 1 important support area.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.13 from a trend line in the daily time frame.
- Resistance @0.18 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 | NEUTRAL | NEUTRAL | The long term trend for UHO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UHO.CA is neutral. |
| ChartMill Relative Strength | 69.4 | NEUTRAL | UHO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UHO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UHO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UHO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.08 | NEUTRAL | The RSI value for UHO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UHO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for UHO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.67 | HIGH VOLATILITY | The high ATR as a percentage value for UHO.CA suggests high volalility. |
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 |
|---|---|---|---|
| 0.11 | 0.07 | 0.03 (33.33%) | 3.00% |
| An entry @0.10. This is a Buy Stop order right above the 10 day high. | An exit @0.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 33.33%. | For a 1.00% total portfolio risk, you can invest 3.00% of your capital in this trade. |
- 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-V:UHO (8/6/2020, 3:00:00 PM)
0.09
+0.02 (+28.57%)
UNITED HUNTER OIL & GAS CORP / UHO.CA FAQ
What is the ChartMill technical rating of UNITED HUNTER OIL & GAS CORP (UHO.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to UHO.CA.
What is the current trend direction of UNITED HUNTER OIL & GAS CORP (UHO.CA) stock?
The current trend direction for UNITED HUNTER OIL & GAS CORP (UHO.CA) is Bearish.
Can you provide the RSI signal for UNITED HUNTER OIL & GAS CORP?
UNITED HUNTER OIL & GAS CORP (UHO.CA) has an RSI value of 56.0756. This indicates that the stock is currently neutral.
What is the MACD signal for UNITED HUNTER OIL & GAS CORP (UHO.CA) stock?
The MACD indicator for UNITED HUNTER OIL & GAS CORP (UHO.CA) has a value of -0.000184119, indicating a bearish trend.
Can you provide the short term momentum for UNITED HUNTER OIL & GAS CORP?
The short term momentum for UNITED HUNTER OIL & GAS CORP (UHO.CA) is neutral.