GRANITESHARES HIPS US HIGH I (HIPS) Stock Technical Analysis
NYSEARCA:HIPS - NYSE Arca - US38747R3066 - ETF - Currency: USD
Taking everything into account, HIPS scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HIPS is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
HIPS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, HIPS outperforms 56% of them, which is more or less in line with the market.
In the last month HIPS has a been trading in a tight range between 12.91 and 13.38.
Volume is considerably higher in the last couple of days.
HIPS has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.27
13.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.61 to 13.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.32 to 12.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.38 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.38 to 13.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.46
Mansfield-0.43
10 Day High13.38
10 Day Low13.03
20 Day High13.38
20 Day Low12.91
52 Week High13.4
52 Week Low12.29
Performance
1 Week1.07%
2 Weeks1.55%
1 Month1.12%
3 Month1.03%
6 Month1.84%
12 Month4.8%
2 Year5.48%
3 Year-8.09%
5 Year-12.57%
10 Year-34.79%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)62.11
LBB12.96
UBB13.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.41 | 13.02 | 0.39 (2.91%) | 25.00% |
| An entry @13.41. This is a Buy Stop order right above the resistance zone. | An exit @13.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 2.91%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:HIPS (2/21/2025, 8:25:38 PM)
13.29
-0.07 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.56%
1 Week1.07%
2 Weeks1.55%
1 Month1.12%
3 Month1.03%
6 Month1.84%
12 Month4.8%
2 Year5.48%
3 Year-8.09%
5 Year-12.57%
10 Year-34.79%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.75%
ATR Inc23.32%
Range Today0.13
ADR(20)0.09
ADR(20)%0.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.46
Mansfield-0.43
10 Day High13.38
10 Day Low13.03
20 Day High13.38
20 Day Low12.91
52 Week High13.4
52 Week Low12.29
CS1 End13.21
CR1 Start13.38
Volume & EV
DER(3)0.09%
DER(5)0.38%
Volume27.20K
Volume Incr131.68%
Vol(5)80.74K
Vol(50)43.14K