HIGHWAY HOLDINGS LTD (HIHO) Stock Technical Analysis
NASDAQ:HIHO - VGG4481U1066 - Common Stock
1.6994 USD
-0.01 (-0.62%)
Overall HIHO gets a technical rating of 2 out of 10. In the past year, HIHO 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, HIHO is a bad performer in the overall market: 80% of all stocks are doing better.
HIHO is one of the lesser performing stocks in the Machinery industry. 67% of 128 stocks in the same industry do better.
HIHO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: HIHO has an average volume of 9448 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month HIHO has a been trading in the 1.57 - 1.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, HIHO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.62, 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.55
1.97
When analyzing the support we notice one important area.
- A support zone ranging from 1.57 to 1.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @1.74 from a trend line in the daily time frame.
- A resistance zone ranging from 1.86 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.94 to 1.95. 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 HIHO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIHO is up. |
| ChartMill Relative Strength | 20.18 | NEGATIVE | HIHO has a low relative strength, it was outperformed by 79.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIHO is above the rising 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) | 55.4 | NEUTRAL | The RSI value for HIHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HIHO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.47 | NEUTRAL | The Stochastics value for HIHO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for HIHO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.37 | 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 (9/2/2025, 8:08:32 PM)
1.6994
-0.01 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.62%
1 Week1.93%
2 Weeks3.62%
1 Month3%
3 Month-2.89%
6 Month-7.89%
12 Month-9.12%
2 Year-14.17%
3 Year-19.84%
5 Year-38.87%
10 Year-66.74%
15 Year-12.85%
Volatility
ATR(14)0.07
ATR(20)%3.65%
ATR Inc6.12%
Range Today0.02
ADR(20)0.06
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.18
Mansfield-1.34
10 Day High1.81
10 Day Low1.61
20 Day High1.81
20 Day Low1.57
52 Week High2.88
52 Week Low1.39
CS1 End1.62
CR1 Start1.74
Volume & EV
DER(3)20.35%
DER(5)6.9%
Volume11.90K
Volume Incr214.01%
Vol(5)22.64K
Vol(50)9.45K