Europe - BIT:HIK - IT0005628778 - Common Stock
Overall HIK gets a technical rating of 7 out of 10. Although HIK is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, HIK also presents a decent setup pattern. 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 resistance zone just above the current price starting at 0.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.73, a Stop Loss order could be placed below this zone.
0.52
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 HIK.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIK.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | HIK.MI 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 HIK.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIK.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 61.97 | NEUTRAL | The RSI value for HIK.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HIK.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 73.91 | NEUTRAL | The Stochastics value for HIK.MI is a neutral value. |
Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for HIK.MI suggests some volalility. |
Average Directional Index/ADX (14) | 30.52 | POSITIVE | The high ADX value value for HIK.MI suggests a strong 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 |
---|---|---|---|
0.77 | 0.71 | 0.06 (7.79%) | 12.83% |
An entry @0.77. This is a Buy Stop order right above the resistance zone. | An exit @0.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 7.79%. | When investing 12.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:HIK (9/11/2025, 7:00:00 PM)
0.731
-0.01 (-1.08%)