Huitao Technology CO Ltd (HHT) Stock Technical Analysis
NASDAQ:HHT - Nasdaq -
Taking everything into account, HHT scores 0 out of 10 in our technical rating. HHT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HHT is a bad performer in the overall market: 100% of all stocks are doing better.
HHT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month HHT has a been trading in the 0.36 - 1.21 range, which is quite wide. It is currently trading near the lows of this range.
HHT has an average volume of 3636780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HHT has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
0.46
0.54
We found 2 important support areas.
- A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.46 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.53 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 | DOWN | NEGATIVE | The long term trend for HHT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HHT is down. |
| ChartMill Relative Strength | 0.93 | NEGATIVE | HHT has a low relative strength, it was outperformed by 99.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HHT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HHT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HHT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.1 | NEUTRAL | The RSI value for HHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HHT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.31 | NEUTRAL | The Stochastics value for HHT is a neutral value. |
| Average True Range in percent/ATR (20) | 22.79 | HIGH VOLATILITY | The high ATR as a percentage value for HHT suggests high volalility. |
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)
0.48
0 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week3.18%
2 Weeks-11.11%
1 Month-59.32%
3 Month-41.46%
6 Month25.62%
12 Month-77.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%22.79%
ATR Inc-51.2%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.93
Mansfield-6.12
10 Day High0.56
10 Day Low0.36
20 Day High1.21
20 Day Low0.36
52 Week High2.67
52 Week Low0.31
CS1 End0.47
CR1 Start0.53
Volume & EV
DER(3)-4.81%
DER(5)-1.84%
Volume1.28M
Volume Incr-27.07%
Vol(5)3.84M
Vol(50)3.64M