Overall HITI gets a technical rating of 2 out of 10. HITI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, HITI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.52, a Stop Loss order could be placed below this zone.
1.91
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for HITI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HITI is neutral. |
| ChartMill Relative Strength | 17.45 | NEGATIVE | HITI has a low relative strength, it was outperformed by 82.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HITI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HITI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HITI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.59 | NEUTRAL | The RSI value for HITI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HITI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.11 | NEUTRAL | The Stochastics value for HITI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for HITI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.54 | POSITIVE | The high ADX value value for HITI suggests a strong trend. |
2.79
+0.03 (+1.09%)
ChartMill assigns a technical rating of 2 / 10 to HITI.
The current trend direction for HIGH TIDE INC (HITI) is Bearish.
HIGH TIDE INC (HITI) has an RSI value of 51.5949. This indicates that the stock is currently neutral.
The MACD indicator for HIGH TIDE INC (HITI) has a value of 0.0495895, indicating a bearish trend.
The short term momentum for HIGH TIDE INC (HITI) is neutral.