Technical Signal Analysis for HighPoint Resources Corporation (HPR)

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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 HighPoint Resources Corporation (NYSE:HPR) for the period of 9-Day stands at 19.43% while the stochastic %D for the same period stands at 28.36%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of HighPoint Resources Corporation (NYSE:HPR) 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 “Sell” for HighPoint Resources Corporation (NYSE:HPR) while 20-100 Day MACD Oscillator indicates “Buy”.

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

About Company

HighPoint Resources Corporation is an exploration and production company. It focuses on the development of oil and natural gas assets primarily in the Denver-Julesburg Basin of Colorado. HighPoint Resources Corporation, formerly known as Bill Barrett Corporation, is based in Denver, Colorado.

Previous Day Activity Analysis

On the last trading day, HighPoint Resources Corporation (NYSE:HPR) opened the session at $6.2 and after going down -3.17% closed at $5.8. The stock lost -0.4 points in the last trade.

HighPoint Resources Corporation (NYSE:HPR)’s stock fluctuated in the range of $5.76 and $6.25 during the previous active session. HighPoint Resources Corporation (NYSE:HPR) traded with the volume of 2.67 Million with average volume of 1.84 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 3.28 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.37 and 36.91 respectively.

Currently the Insider Ownership of the shares of HighPoint Resources Corporation (NYSE:HPR) is at 1.6% and the shares outstanding are 220.15 Million.

Important Ratio Analysis

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

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 8.24.

The Price to Sale P/S and Price to Book P/B shows the value of 4.51 and 0.68 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 5.68 and 0 correspondingly.

The Quick Ratio of HighPoint Resources Corporation (NYSE:HPR) stands at 1.2 while the Current Ratio depicts the value of 1.2.

Return on Assets ROA of HighPoint Resources Corporation (NYSE:HPR) is at -9.8% whereas, Return on Equity ROE and Return of Investment ROI of HighPoint Resources Corporation (NYSE:HPR) stand at -22.1% and -6% respectively.

Stock Performance Analysis

The stock performance of HighPoint Resources Corporation (NYSE:HPR) on the basis of 5 day trade show the dip of -3.97% whereas, the monthly performance of the stock shows decrease of -16.55%.

The quarterly performance of the stock remained in green zone with the value of 15.31% while six month performance of the shares of HighPoint Resources Corporation (NYSE:HPR) remained bullish with the count of 21.85%.

The yearly and YTD performance of HighPoint Resources Corporation (NYSE:HPR) remained up at 101.39% and 13.06% respectively.