What Does Technical Indicators say About Halcon Resources Corporation (NYSE:HK)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Halcon Resources Corporation (NYSE:HK) for the period of 9-Day stands at 14.03% while the stochastic %D for the same period stands at 14.46%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Halcon Resources Corporation (NYSE:HK) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Halcon Resources Corporation (NYSE:HK) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Halcon Resources Corporation (NYSE:HK)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Halcon Resources Corporation is an energy company engaged in the acquisition, exploration and development of onshore oil and natural gas properties in the United States. The Company operates in Wichita, Wilbarger and Starr Counties in Texas, Pontotoc and Seminole Counties, Oklahoma, and Louisiana. Halcon Resources Corporation, formerly known as RAM Energy Resources, Inc., is based in Louisiana, USA.

Previous Day Activity Analysis

On the last trading day, Halcon Resources Corporation (NYSE:HK) opened the session at $6.2 and after going down -0.83% closed at $6. The stock lost -0.2 points in the last trade.

Halcon Resources Corporation (NYSE:HK)’s stock fluctuated in the range of $6.00 and $6.23 during the previous active session. Halcon Resources Corporation (NYSE:HK) traded with the volume of 1.61 Million with average volume of 2.82 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 4.05 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.36 and 41.72 respectively.

Currently the Insider Ownership of the shares of Halcon Resources Corporation (NYSE:HK) is at 2.1% and the shares outstanding are 151.33 Million.

Important Ratio Analysis

Some important ratios to consider here for Halcon Resources Corporation (NYSE:HK) are discussed below:

Dividend yield of Halcon Resources Corporation (NYSE:HK) stands at 0% whereas Price to Earnings P/E ratio stands at 0.95 while Forward P/E shows the value of 27.52.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 1.86 and 1.18 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 3.72 correspondingly.

The Quick Ratio of Halcon Resources Corporation (NYSE:HK) stands at 0 while the Current Ratio depicts the value of 0.7.

Return on Assets ROA of Halcon Resources Corporation (NYSE:HK) is at 36.3% whereas, Return on Equity ROE and Return of Investment ROI of Halcon Resources Corporation (NYSE:HK) stand at 142.7% and -25.1% respectively.

Stock Performance Analysis

The stock performance of Halcon Resources Corporation (NYSE:HK) on the basis of 5 day trade show the dip of -4.15% whereas, the monthly performance of the stock shows decrease of -6.25%.

The quarterly performance of the stock remained in red zone with the value of -8.54% while six month performance of the shares of Halcon Resources Corporation (NYSE:HK) remained bearish with the count of -15.61%.

The yearly and YTD performance of Halcon Resources Corporation (NYSE:HK) remained down at -43.24% and -35.76% respectively.