HIGH TIDE INC (HITI)
CA42981E4013 - Common Stock
Taking everything into account, HITI scores 6 out of 10 in our technical rating. HITI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
73% of all other stocks performed better in the past year than HITI.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
HITI is an average performer in the Pharmaceuticals industry, it outperforms 53% of 196 stocks in the same industry.
HITI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HITI is lagging the market.
In the last month HITI has a been trading in the 1.85 - 2.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, HITI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for HITI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.61
2.64
When analyzing the support we can see 5 important areas.
- Support @1.88 from a horizontal line in the daily time frame.
- Support @1.83 from a trend line in the weekly time frame.
- Support @1.76 from a trend line in the weekly time frame.
- Support @1.71 from a trend line in the daily time frame.
- Support @1.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.21 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.52 from a horizontal line in the weekly time frame.
- Resistance @2.61 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.73
Mansfield-0.05
10 Day High2.36
10 Day Low1.92
20 Day High2.36
20 Day Low1.85
52 Week High2.85
52 Week Low1.14
Performance
1 Week-2.73%
2 Weeks7%
1 Month7.54%
3 Month-7.76%
6 Month16.3%
12 Month8.08%
2 Year52.86%
3 Year-65.76%
5 YearN/A
10 YearN/A
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)0.01
RSI(14)55.96
LBB1.93
UBB2.29
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 |
|---|---|---|---|
| 2.25 | 1.91 | 0.34 (15.11%) | 6.62% |
| An entry @2.25. This is a Buy Stop order right above the resistance zone. | An exit @1.91. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.34 points, which is 15.11%. | When investing 6.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
HIGH TIDE INC
NASDAQ:HITI (9/19/2024, 6:50:43 PM)
After market: 2.18 +0.04 (+1.87%)2.14
+0.03 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.42%
1 Week-2.73%
2 Weeks7%
1 Month7.54%
3 Month-7.76%
6 Month16.3%
12 Month8.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%5.4%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.36
10 Day Low1.92
20 Day High2.36
20 Day Low1.85
52 Week High2.85
52 Week Low1.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume304.86K
Volume Incr100.81%
Vol(5)840.65K
Vol(50)456.85K