FIRST HYDROGEN CORP (FHYD.CA) Stock Technical Analysis
TSX-V:FHYD - TSX Venture Exchange - CA32057N1042 - Common Stock - Currency: CAD
Taking everything into account, FHYD scores 1 out of 10 in our technical rating. FHYD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
92% of all other stocks performed better in the past year than FHYD.
FHYD is part of the Machinery industry. There are 21 other stocks in this industry, of which 85% are performing better than FHYD.
FHYD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month FHYD has a been trading in the 0.34 - 0.39 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FHYD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.38, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FHYD 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
0.34
0.40
We found 4 important support areas.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.48
Mansfield-4.4
10 Day High0.39
10 Day Low0.35
20 Day High0.39
20 Day Low0.35
52 Week High1.58
52 Week Low0.31
Performance
1 Week6.94%
2 Weeks2.67%
1 Month6.94%
3 Month11.59%
6 Month-6.1%
12 Month-73.99%
2 Year-88.23%
3 Year-84.6%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.58
LBB0.35
UBB0.39
TSX-V:FHYD (2/21/2025, 7:00:00 PM)
0.385
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0%
1 Week6.94%
2 Weeks2.67%
1 Month6.94%
3 Month11.59%
6 Month-6.1%
12 Month-73.99%
2 Year-88.23%
3 Year-84.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.87%
ATR Inc-39.66%
Range Today0.02
ADR(20)0.02
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.48
Mansfield-4.4
10 Day High0.39
10 Day Low0.35
20 Day High0.39
20 Day Low0.35
52 Week High1.58
52 Week Low0.31
CS1 End0.38
CR1 Start0.39
Volume & EV
DER(3)-5.56%
DER(5)5.23%
Volume20.18K
Volume Incr-4.27%
Vol(5)30.40K
Vol(50)53.81K