HIGHWOODS PROPERTIES INC (HIW) Stock Technical Analysis
NYSE:HIW - New York Stock Exchange, Inc. - US4312841087 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to HIW. HIW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
HIW is part of the Diversified REITs industry. There are 129 other stocks in this industry. HIW outperforms 78% of them.
In the last month HIW has a been trading in the 27.40 - 30.09 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the yearly performance of all stocks, we notice that HIW is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HIW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIW is lagging the market.
Although the technical rating is bad, HIW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.20, a Stop Loss order could be placed below this zone.
More info and screens
27.47
31.09
3 important support areas can be observed.
- A support zone ranging from 29.08 to 29.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 28.34 to 28.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.34 to 30.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.78 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.63
Mansfield-0.67
10 Day High29.72
10 Day Low27.4
20 Day High30.09
20 Day Low27.4
52 Week High36.78
52 Week Low23.14
Performance
1 Week-0.14%
2 Weeks-0.17%
1 Month-0.51%
3 Month-8.57%
6 Month-8.6%
12 Month23.45%
2 Year10.26%
3 Year-32.98%
5 Year-34.89%
10 Year-35.94%
15 Year0.59%
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)0.06
RSI(14)48.2
LBB28.6
UBB29.63
29.22
-0.23 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.78%
1 Week-0.14%
2 Weeks-0.17%
1 Month-0.51%
3 Month-8.57%
6 Month-8.6%
12 Month23.45%
2 Year10.26%
3 Year-32.98%
5 Year-34.89%
10 Year-35.94%
15 Year0.59%
Volatility
ATR(14)0.77
ATR(20)%2.77%
ATR Inc-23.55%
Range Today0.65
ADR(20)0.77
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.63
Mansfield-0.67
10 Day High29.72
10 Day Low27.4
20 Day High30.09
20 Day Low27.4
52 Week High36.78
52 Week Low23.14
CS1 End29.2
CR1 Start29.34
Volume & EV
DER(3)-0.84%
DER(5)1.18%
Volume1.29M
Volume Incr22.35%
Vol(5)1.15M
Vol(50)962.28K