HOUSTON AMERICAN ENERGY CORP (HUSA)
US44183U2096 - Common Stock
We assign a technical rating of 6 out of 10 to HUSA. In the last year, HUSA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
HUSA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
HUSA has an average volume of 1093530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, HUSA turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
HUSA is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 51% of 204 stocks in the same industry.
In the last month HUSA has a been trading in the 1.25 - 1.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HUSA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.52. Right above this resistance zone may be a good entry point.
More info and screens
1.24
1.86
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.37 to 1.39. 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 1.30 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.25 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.52 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.61 from a horizontal line in the weekly time frame.
- Resistance @1.84 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.44
Mansfield-1.18
10 Day High1.6
10 Day Low1.26
20 Day High1.61
20 Day Low1.25
52 Week High2.57
52 Week Low0.96
Performance
1 Week-7.19%
2 Weeks8.4%
1 Month-1.39%
3 Month24.56%
6 Month9.23%
12 Month-18.39%
2 Year-64.5%
3 Year-13.41%
5 Year-24.77%
10 Year-48.36%
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)0.01
RSI(14)51.86
LBB1.25
UBB1.56
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 |
|---|---|---|---|
| 1.55 | 1.36 | 0.19 (12.26%) | 8.16% |
| An entry @1.55. This is a Buy Stop order right above the resistance zone. | An exit @1.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 12.26%. | For a 1.00% total portfolio risk, you can invest 8.16% 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.
HOUSTON AMERICAN ENERGY CORP
NYSEARCA:HUSA (11/22/2024, 4:15:00 PM)
After market: 1.44 -0.02 (-1.37%)1.46
+0.04 (+2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.82%
1 Week-7.19%
2 Weeks8.4%
1 Month-1.39%
3 Month24.56%
6 Month9.23%
12 Month-18.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%7.65%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.6
10 Day Low1.26
20 Day High1.61
20 Day Low1.25
52 Week High2.57
52 Week Low0.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume182.36K
Volume Incr-47.86%
Vol(5)303.08K
Vol(50)1.09M