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Horizon Oil Limited

HZNFFPNK
Energy
Oil & Gas Exploration & Production
$0.16
$0.00(0.00%)
U.S. Market opens in NaNh NaNm

Horizon Oil Limited (HZNFF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Horizon Oil Limited (PNK:HZNFF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HZNFF Technical Analysis Summary

Horizon Oil Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.87)
Trend Strength:Strong (ADX: 33.37)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.04 – $0.24 (Bollinger Bands)

Technical conditions suggest Horizon Oil Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 56.82

Neutral
Mid-range signal with no clear trend.

Williams %R: -43.18

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 45.45

Strongly Bullish
Strong upside momentum.

Takeaway:Horizon Oil Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.37

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 134.28

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Horizon Oil Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.24
Middle Band (SMA 20)
$0.14
Lower Band
$0.04
Current Position
Within Bands

Takeaway:Horizon Oil Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.18
Middle Line (EMA 20)
$0.15
Lower Channel
$0.13
Squeeze Status
No Squeeze

Takeaway:Horizon Oil Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.02K
Money Flow Index95.79Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index22.50Bearish, price momentum favors sellers.

Overall Takeaway:HZNFF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Horizon Oil Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Horizon Oil Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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