Technical Analysis for HWX - Headwater Exploration Inc

Grade Last Price % Change Price Change
C 6.530 0.31% 0.020
HWX closed up 0.46 percent on Friday, February 16, 2024, on 1.68 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: Mar 7
*** please verify all earnings dates ***
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.31%
NR7 Range Contraction 0.31%
Stochastic Reached Overbought Strength 0.31%
Overbought Stochastic Strength 0.31%
Up 3 Days in a Row Strength 0.31%
MACD Bullish Centerline Cross Bullish 0.77%
BB Squeeze Ended Range Expansion 0.77%
Crossed Above 20 DMA Bullish 3.00%
Crossed Above 50 DMA Bullish 3.00%
Bollinger Band Squeeze Range Contraction 3.00%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 1 hour ago
Upper Bollinger Band Resistance about 6 hours ago
Rose Above Previous Day's High about 6 hours ago
Rose Above Upper Bollinger Band about 6 hours ago
Outside Day about 6 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Headwater Exploration Inc., a junior resource company, explores for, develops, and produces petroleum and natural gas in Canada. The company explores for petroleum and natural gas onshore in New Brunswick. Its principal properties include the McCully Field located to the northeast of Sussex, New Brunswick; and the Frederick Brook Shale located in the Elgin sub-basin in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc. is headquartered in Calgary, Canada.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Natural Gas Water Petroleum Rook New Brunswick Shale Shale Gas In Canada Natural Gas In Canada Energy In Alberta

Is HWX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.79
52 Week Low 5.5718
Average Volume 551,054
200-Day Moving Average 6.772
50-Day Moving Average 6.289
20-Day Moving Average 6.291
10-Day Moving Average 6.301
Average True Range 0.152
RSI (14) 60.16
ADX 12.97
+DI 23.550
-DI 18.566
Chandelier Exit (Long, 3 ATRs) 6.063
Chandelier Exit (Short, 3 ATRs) 6.337
Upper Bollinger Bands 6.522
Lower Bollinger Band 6.059
Percent B (%b) 0.97
BandWidth 7.351
MACD Line 0.023
MACD Signal Line -0.014
MACD Histogram 0.0369
Fundamentals Value
Market Cap 1.27 Billion
Num Shares 195 Million
EPS 0.08
Price-to-Earnings (P/E) Ratio 78.43
Price-to-Sales 44.16
Price-to-Book 1.77
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.638
Resistance 3 (R3) 6.627 6.573 6.616
Resistance 2 (R2) 6.573 6.541 6.579 6.609
Resistance 1 (R1) 6.542 6.521 6.558 6.553 6.602
Pivot Point 6.488 6.488 6.496 6.494 6.488
Support 1 (S1) 6.457 6.456 6.473 6.468 6.418
Support 2 (S2) 6.403 6.436 6.409 6.411
Support 3 (S3) 6.372 6.403 6.404
Support 4 (S4) 6.383