HAIVISION SYSTEMS INC (HAI.CA) Stock Technical Analysis
TSX:HAI - Toronto Stock Exchange - CA40531F1009 - Common Stock - Currency: CAD
Taking everything into account, HAI scores 3 out of 10 in our technical rating. In the past year, HAI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, HAI is a bad performer in the overall market: 62% of all stocks are doing better.
HAI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HAI is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: HAI has an average volume of 15342 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
HAI is part of the Communications Equipment industry. There are 12 other stocks in this industry. HAI outperforms 90% of them.
In the last month HAI has a been trading in the 4.15 - 4.57 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, HAI 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 4.56. Right above this resistance zone may be a good entry point.
More info and screens
3.89
4.71
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.41 to 4.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.31 from a trend line in the daily time frame.
- A support zone ranging from 4.22 to 4.24. 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 4.00 to 4.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @3.93 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.56 to 4.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HAI.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAI.CA is up. |
| ChartMill Relative Strength | 38.96 | NEUTRAL | HAI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HAI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HAI.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.61 | NEUTRAL | The RSI value for HAI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HAI.CA has a positive trend. |
| Stochastics (14,3) | 91.27 | OVERBOUGHT | The high Stochastics value suggests HAI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for HAI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for HAI.CA suggests a weak or negative trend. |
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)
TSX:HAI (5/29/2025, 7:00:00 PM)
4.55
+0.03 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.66%
1 Week6.06%
2 Weeks3.17%
1 Month12.07%
3 Month-0.87%
6 Month-9.9%
12 Month2.02%
2 Year12.07%
3 Year-17.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%3.7%
ATR Inc-79.26%
Range Today0.04
ADR(20)0.14
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.96
Mansfield-0.74
10 Day High4.57
10 Day Low4.15
20 Day High4.57
20 Day Low4.15
52 Week High7
52 Week Low3.67
CS1 End4.42
CR1 Start4.56
Volume & EV
DER(3)-4.44%
DER(5)-15.59%
Volume670
Volume Incr-51.34%
Vol(5)9.92K
Vol(50)15.34K