Londinia Opportunities Analyses - 04/25/2024 (GMT) HIGHPEAK ENERGY INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	HPK
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 15.05 USD

My targets

14.39 USD (-2.64%)

14.15 USD (-4.28%)

My analysis

The bearish trend is currently very strong for HIGHPEAK ENERGY INC.. As long as the price remains below the resistance at 15.05 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 14.39 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 14.15 USD as an objective. Crossing it would then enable sellers to target 13.22 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

HIGHPEAK ENERGY INC. rating 14.78 USD. The price registered a decrease of -2.76% on the session and was traded between 14.56 USD and 15.07 USD over the period. The price is currently at +1.51% from its lowest and -1.92% from its highest.

14.56

15.07

14.78

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of HIGHPEAK ENERGY INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.58	13.22	14.39	14.78	14.79	15.05	15.33
Change (%)	-14.88%	-10.55%	-2.64%	-	+0.07%	+1.83%	+3.72%
Change	-2.20	-1.56	-0.39	-	+0.01	+0.27	+0.55
Level	Major	Minor	Intermediate	-	Intermediate	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.50	14.67	14.93	15.10	15.36	15.53	15.79
Camarilla	15.08	15.12	15.16	15.20	15.24	15.28	15.32
Woodie	14.56	14.69	14.99	15.12	15.42	15.55	15.85
Fibonacci	14.67	14.83	14.93	15.10	15.26	15.36	15.53

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.15	14.46	14.99	15.30	15.83	16.14	16.67
Camarilla	15.28	15.36	15.43	15.51	15.59	15.66	15.74
Woodie	14.25	14.52	15.09	15.36	15.93	16.20	16.77
Fibonacci	14.46	14.78	14.98	15.30	15.62	15.82	16.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.14	10.96	13.36	15.18	17.58	19.40	21.80
Camarilla	14.61	15.00	15.38	15.77	16.16	16.54	16.93
Woodie	9.44	11.11	13.66	15.33	17.88	19.55	22.10
Fibonacci	10.96	12.57	13.57	15.18	16.79	17.79	19.40

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	38.92
MACD (12,26,9):	-0.1200
Directional Movement:	-15.70
AROON (14):	-78.57
DEMA (21):	14.84
Parabolic SAR (0,02-0,02-0,2):	15.13
Elder Ray (13):	-0.21
Super Trend (3,10):	15.23
Zig ZAG (10):	14.76
VORTEX (21):	0.8200
Stochastique (14,3,5):	19.48
TEMA (21):	14.78
Williams %R (14):	-74.03
Chande Momentum Oscillator (20):	-0.50
Repulse (5,40,3):	-0.0800
ROCnROLL:	2
TRIX (15,9):	-0.0700
Courbe Coppock:	3.87

MA7:	15.11
MA20:	15.44
MA50:	15.65
MA100:	14.83
MAexp7:	14.82
MAexp20:	14.97
MAexp50:	15.12
MAexp100:	15.26
Price / MA7:	-2.18%
Price / MA20:	-4.27%
Price / MA50:	-5.56%
Price / MA100:	-0.34%
Price / MAexp7:	-0.27%
Price / MAexp20:	-1.27%
Price / MAexp50:	-2.25%
Price / MAexp100:	-3.15%

Quotes : - 15 min delayed data - Actions NASDAQ

News

Don't forget to follow the news on HIGHPEAK ENERGY INC.. At the time of publication of this analysis, the latest news was as follows: