Technical Analysis for HWX - Headwater Exploration Inc

Grade Last Price % Change Price Change
C 7.310 0.97% 0.070
HWX closed up 0.97 percent on Friday, July 26, 2024, on 3.04 times normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
Earnings due: Aug 1
*** please verify all earnings dates ***
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
200 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Wide Range Bar Range Expansion 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%

   Recent Intraday Alerts

Alert Time
Rose Above 20 DMA about 5 hours ago
Rose Above 10 DMA about 5 hours ago
10 DMA Resistance about 6 hours ago
Up 1% about 6 hours ago
Possible Pocket Pivot about 8 hours ago

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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 Petroleum Water 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 8.4523
52 Week Low 5.7992
Average Volume 526,673
200-Day Moving Average 7.011
50-Day Moving Average 7.220
20-Day Moving Average 7.329
10-Day Moving Average 7.320
Average True Range 0.199
RSI (14) 51.69
ADX 14.91
+DI 14.156
-DI 26.743
Chandelier Exit (Long, 3 ATRs) 7.065
Chandelier Exit (Short, 3 ATRs) 7.446
Upper Bollinger Bands 7.538
Lower Bollinger Band 7.119
Percent B (%b) 0.46
BandWidth 5.717
MACD Line 0.009
MACD Signal Line 0.027
MACD Histogram -0.0178
Fundamentals Value
Market Cap 1.43 Billion
Num Shares 195 Million
EPS 0.08
Price-to-Earnings (P/E) Ratio 88.07
Price-to-Sales 44.16
Price-to-Book 1.77
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.060
Resistance 3 (R3) 7.990 7.670 7.935
Resistance 2 (R2) 7.670 7.479 7.705 7.893
Resistance 1 (R1) 7.490 7.361 7.580 7.560 7.852
Pivot Point 7.170 7.170 7.215 7.205 7.170
Support 1 (S1) 6.990 6.979 7.080 7.060 6.768
Support 2 (S2) 6.670 6.861 6.705 6.727
Support 3 (S3) 6.490 6.670 6.685
Support 4 (S4) 6.560