According to the 15-minute chart of Houston American Energy, a technical analysis indicator known as the MACD Death Cross and KDJ Death Cross triggered on September 19, 2025 at 11:15. This suggests that the stock price may continue to decline, and the momentum of the stock price is shifting towards the downside, potentially leading to further decreases.
Houston American Energy Corp. (HUSA), a diversified energy company, has experienced a significant shift in its stock price following the triggering of technical indicators known as the MACD Death Cross and KDJ Death Cross on September 19, 2025, at 11:15
Houston American Energy Files For Mixed Shelf Offering - SEC Filing[1]. These indicators suggest that the stock price may continue to decline, and the momentum is shifting towards the downside, potentially leading to further decreases.
The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish trend. The KDJ (Kaufman Adaptive Moving Average) Death Cross, on the other hand, is a more recent indicator that combines the MACD with the RSI (Relative Strength Index) to provide a more comprehensive view of market conditions. The simultaneous occurrence of these crosses suggests a strong bearish signal.
Investors and financial professionals should closely monitor Houston American Energy Corp. as it navigates this challenging period. The company recently filed for a mixed shelf offering of up to $300 million with the SEC, indicating a potential need for additional financing to support its ongoing operations and strategic initiatives
Houston American Energy Corp. to Host Inaugural Investor Fireside Chat, Highlighting Strategic Roadmap for Abundia[2].
On September 17, 2025, Houston American Energy Corp. hosted its inaugural investor fireside chat, providing an opportunity for CEO Ed Gillespie to discuss the company's transformation into a diversified energy platform. The event focused on key developments, including the Baytown, Texas development site acquisition, technology licensing arrangements, and engineering partnerships
Houston American Energy Corp. to Host Inaugural Investor Fireside Chat, Highlighting Strategic Roadmap for Abundia[2]. These initiatives aim to establish HUSA as a leader in converting waste plastics into low-carbon fuels.
Given the recent technical indicators and the company's strategic focus, investors should remain vigilant and consider the risks associated with Houston American Energy Corp.'s stock price. The company's forward-looking information includes statements about its growth in the low-carbon fuels and chemicals sector, as well as plans for transportation of feedstock and drop-in fuels and chemical products. However, these statements come with significant risks and uncertainties, including the company's liquidity position, ability to continue as a going concern, and market competition
Houston American Energy Corp. to Host Inaugural Investor Fireside Chat, Highlighting Strategic Roadmap for Abundia[2].
Comments
No comments yet