HIGHWAY HOLDINGS LTD (HIHO) Stock Technical Analysis
NASDAQ:HIHO - Nasdaq - VGG4481U1066 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to HIHO. HIHO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, HIHO is a bad performer in the overall market: 80% of all stocks are doing better.
HIHO is part of the Machinery industry. There are 128 other stocks in this industry, of which 68% are performing better than HIHO.
HIHO 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 HIHO is lagging the market.
In the last month HIHO has a been trading in the 1.73 - 2.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: HIHO has an average volume of 20948 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Although the technical rating is bad, HIHO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HIHO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.68
2.00
When analyzing the support we notice one important area.
- A support zone ranging from 1.70 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.86 from a trend line in the daily time frame.
- A resistance zone ranging from 1.89 to 1.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.98 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 | NEUTRAL | NEUTRAL | The long term trend for HIHO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HIHO is neutral. |
| ChartMill Relative Strength | 20.94 | NEGATIVE | HIHO has a low relative strength, it was outperformed by 79.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIHO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HIHO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HIHO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.99 | NEUTRAL | The RSI value for HIHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HIHO has a negative trend. |
| Stochastics (14,3) | 24.97 | NEUTRAL | The Stochastics value for HIHO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for HIHO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.17 | POSITIVE | The high ADX value value for HIHO suggests a strong 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)
NASDAQ:HIHO (6/17/2025, 8:00:01 PM)
1.75
-0.05 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.05%
1 Week-4.89%
2 Weeks-1.23%
1 Month-3.58%
3 Month-7.65%
6 Month-7.89%
12 Month-15.05%
2 Year-30.56%
3 Year-22.57%
5 Year-21.17%
10 Year-50.98%
15 Year-12.5%
Volatility
ATR(14)0.06
ATR(20)%4.49%
ATR Inc-5.93%
Range Today0.02
ADR(20)0.07
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.94
Mansfield-1.01
10 Day High1.85
10 Day Low1.73
20 Day High2.01
20 Day Low1.73
52 Week High2.88
52 Week Low1.39
CS1 End1.74
CR1 Start1.8
Volume & EV
DER(3)14.62%
DER(5)-1.87%
Volume3.00K
Volume Incr-59.55%
Vol(5)14.92K
Vol(50)20.95K