HEALTH IN TECH INC-CLASS A (HIT) Stock Technical Analysis
USA - NASDAQ:HIT - US42217D1028 - Common Stock
Taking everything into account, HIT scores 0 out of 10 in our technical rating. HIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HIT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.13
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.07 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for HIT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HIT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | HIT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HIT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.4 | NEUTRAL | The RSI value for HIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HIT has a negative trend. |
| Stochastics (14,3) | 48.45 | NEUTRAL | The Stochastics value for HIT is a neutral value. |
| Average True Range in percent/ATR (20) | 15.98 | HIGH VOLATILITY | The high ATR as a percentage value for HIT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.42 | NEUTRAL | The ADX value for HIT suggests a possible start of a new trend. |
2.15
-0.77 (-26.37%)
HEALTH IN TECH INC-CLASS A / HIT FAQ
What is the ChartMill technical rating of HEALTH IN TECH INC-CLASS A (HIT) stock?
ChartMill assigns a technical rating of 0 / 10 to HIT.
What is the trend direction for HIT stock?
The current trend direction for HEALTH IN TECH INC-CLASS A (HIT) is Bearish.
What is the RSI signal for HEALTH IN TECH INC-CLASS A (HIT) stock?
HEALTH IN TECH INC-CLASS A (HIT) has an RSI value of 33.3952. This indicates that the stock is currently neutral.
What is the MACD signal for HIT stock?
The MACD indicator for HEALTH IN TECH INC-CLASS A (HIT) has a value of -0.0352536, indicating a bearish trend.
Can you provide the short term momentum for HEALTH IN TECH INC-CLASS A?
The short term momentum for HEALTH IN TECH INC-CLASS A (HIT) is negative.