Taking everything into account, HNRG scores 10 out of 10 in our technical rating. In the last year, HNRG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that HNRG is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, HNRG also shows a nice and consistent pattern of rising prices.
HNRG is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. HNRG outperforms 99% of them.
A new 52 week high is currently being made by HNRG, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so HNRG is leading the market.
In the last month HNRG has a been trading in the 9.25 - 14.76 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.