Taking everything into account, HOTH scores 1 out of 10 in our technical rating. HOTH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HOTH is bad and it also does not present a quality setup 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.
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0.83
When analyzing the support we can see 4 important areas.
- Support @1.08 from a horizontal line in the weekly time frame.
- Support @1.06 from a trend line in the daily time frame.
- Support @0.96 from a trend line in the weekly time frame.
- Support @0.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.13 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.76 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for HOTH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOTH is down. |
| ChartMill Relative Strength | 33.11 | NEUTRAL | HOTH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HOTH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOTH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HOTH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.72 | NEUTRAL | The RSI value for HOTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HOTH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.44 | OVERSOLD | The low Stochastics value suggests HOTH may be oversold. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for HOTH suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for HOTH suggests a weak or negative trend. |
1.09
+0.02 (+1.87%)
HOTH THERAPEUTICS INC / HOTH FAQ
What is the technical rating for HOTH stock?
ChartMill assigns a technical rating of 1 / 10 to HOTH.
Can you provide the trend direction for HOTH THERAPEUTICS INC?
The current trend direction for HOTH THERAPEUTICS INC (HOTH) is Bearish.
Can you provide the RSI signal for HOTH THERAPEUTICS INC?
HOTH THERAPEUTICS INC (HOTH) has an RSI value of 39.7203. This indicates that the stock is currently neutral.
What is the buy/sell signal for HOTH stock?
The buy/sell signal for HOTH THERAPEUTICS INC (HOTH) is sell as both the short term and long term trends are negative.
What is the support and resistance level for HOTH stock?
HOTH THERAPEUTICS INC (HOTH) has a support level at 1.08 and a resistance level at 1.13. Check the full technical report for our detailed analysis of HOTH support and resistance levels.