DIVERSIFIED HIGH INCOME (HHIS.CA) Stock Technical Analysis
TSX:HHIS - Toronto Stock Exchange - CA41756W1095 - ETF - Currency: CAD
Overall HHIS gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, HHIS is a bad performer.
HHIS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.90, a Stop Loss order could be placed below this zone.
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12.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.70 to 12.90. 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 12.23 to 12.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.03 to 13.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.40 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for HHIS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HHIS.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HHIS.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HHIS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HHIS.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.92 | NEUTRAL | The RSI value for HHIS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HHIS.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.55 | NEUTRAL | The Stochastics value for HHIS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for HHIS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.02 | NEUTRAL | The ADX value for HHIS.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 13.17 | 12.69 | 0.48 (3.64%) | 25.00% |
| An entry @13.17. This is a Buy Stop order right above the resistance zone. | An exit @12.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.48 points, which is 3.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- 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.
TSX:HHIS (8/11/2025, 7:00:00 PM)
13.015
+0.05 (+0.42%)