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HORIZON SPACE ACQUISITION I (HSPO) Stock Technical Analysis

NASDAQ:HSPO - Nasdaq - KYG4619M1096 - Common Stock - Currency: USD

11.65  -0.13 (-1.1%)

Technical Rating and Analysis

7

Overall HSPO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HSPO is only an average performer.

In the last month HSPO has a been trading in the 11.33 - 12.41 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: HSPO has an average volume of 19656 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, HSPO outperforms 65% of them, which is more or less in line with the market.
HSPO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HSPO is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HORIZON SPACE ACQUISITION I / HSPO Weekly stock chart
HORIZON SPACE ACQUISITION I / HSPO Daily stock chart
Setup Rating and Analysis

7

HSPO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.52, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.75

12.19

We found 3 important support areas.

  • A support zone ranging from 11.46 to 11.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.20 from a horizontal line in the daily time frame.
  • A support zone ranging from 10.86 to 10.86. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 11.73 to 11.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @12.07 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.49
Mansfield-0.45
10 Day High12.1
10 Day Low11.65
20 Day High12.41
20 Day Low11.33
52 Week High12.41
52 Week Low10.75
Performance
1 Week-2.02%
2 Weeks-1.69%
1 Month2.73%
3 Month3.28%
6 Month5.05%
12 Month8.17%
2 Year14.44%
3 YearN/A
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)-0.02
RSI(14)50.04
LBB11.62
UBB11.87
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.

ENTRYEXITDISTANCECAPITAL
11.7611.640.12 (1.02%)25.00%
An entry @11.76. This is a Buy Stop order right above the resistance zone.An exit @11.64. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.12 points, which is 1.02%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%.

  • The distance between exit and entry is rather small compared to the average daily movement of HSPO. 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.
HORIZON SPACE ACQUISITION I / HSPO Daily stock chart

HORIZON SPACE ACQUISITION I

NASDAQ:HSPO (2/21/2025, 8:26:07 PM)

11.65

-0.13 (-1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.1%
1 Week-2.02%
2 Weeks-1.69%
1 Month2.73%
3 Month3.28%
6 Month5.05%
12 Month8.17%
2 Year14.44%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.14%
ATR Inc-41.88%
Range Today0
ADR(20)0.14
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.49
Mansfield-0.45
10 Day High12.1
10 Day Low11.65
20 Day High12.41
20 Day Low11.33
52 Week High12.41
52 Week Low10.75
CS1 End11.52
CR1 Start11.73
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-84.46%
Vol(5)900
Vol(50)19.66K