Is New Hope Corporation Limited stock a buy or sell right now?

New Hope Corporation Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is New Hope Corporation Limited’s RSI?

RSI is 52.31, showing balanced momentum within the normal range.

What does MACD indicate for NHPEF?

MACD at -0.01 shows bearish pressure, with downside momentum building.

What are New Hope Corporation Limited’s key support and resistance levels?

Support sits around $3.51, while resistance is near $4.08.

New Hope Corporation Limited

NHPEF•PNK

Energy

Coal

$3.87

$0.07(1.79%)

U.S. Market opens in 49h 6m

New Hope Corporation Limited (NHPEF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for New Hope Corporation Limited (PNK:NHPEF).

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

NHPEF Technical Analysis Summary

New Hope Corporation Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 52.31)

Trend Strength:Moderate (ADX: 21.07)

Volatility:High (ATR: 0.23)

Support/Resistance:$3.51 – $4.08 (Bollinger Bands)

Technical conditions suggest New Hope Corporation Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.31

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 52.08

Neutral

Mid-range signal with no clear trend.

Williams %R: -47.83

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -3.49

Bearish

Selling pressure outweighs buying.

Takeaway:New Hope Corporation Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 21.07

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.23

Low

Low volatility, stable price action.

CCI (14): 53.94

Bullish

Bullish, momentum building upward.

Takeaway:New Hope Corporation Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$4.08

Middle Band (SMA 20)

$3.79

Lower Band

$3.51

Current Position

Within Bands

Takeaway:New Hope Corporation Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$4.25

Middle Line (EMA 20)

$3.79

Lower Channel

$3.32

Squeeze Status

Squeeze On

Takeaway:New Hope Corporation Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume-19.23K

Money Flow Index50.72Neutral, balanced money flows with no clear signal.

Relative Vigor Index53.70Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:NHPEF shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary

Based on the current technical analysis of New Hope Corporation Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for New Hope Corporation Limited are mixed, suggesting a Hold or wait-and-see approach.