HEALTH IN TECH INC-CLASS A (HIT) Stock Technical Analysis
NASDAQ:HIT - US42217D1028 - Common Stock
3.45 USD
+0.03 (+0.88%)
3.49 USD
+0.04 (+1.16%)
We assign a technical rating of 7 out of 10 to HIT. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, HIT is a bad performer.
When comparing the yearly performance of all stocks, HIT is a bad performer in the overall market: 100% of all stocks are doing better.
HIT is one of the lesser performing stocks in the Insurance industry. 93% of 143 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month HIT has a been trading in the 1.47 - 3.95 range, which is quite wide. It is currently trading near the high of this range.
HIT has an average volume of 1129570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although HIT has an excellent technical rating, it does not offer a high quality setup 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
3.17
3.57
When analyzing the support we notice one important area.
- A support zone ranging from 3.20 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.53 to 3.53. 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 | UP | POSITIVE | The long term trend for HIT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIT is up. |
| 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) | UP | POSITIVE | The current price of HIT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 71.82 | OVERBOUGHT | The high RSI value suggests HIT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.87 | NEUTRAL | The Stochastics value for HIT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.95 | HIGH VOLATILITY | The high ATR as a percentage value for HIT suggests high volalility. |
| Average Directional Index/ADX (14) | 66.5 | POSITIVE | The high ADX value value for HIT 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)
3.45
+0.03 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.88%
1 Week-1.99%
2 Weeks39.11%
1 Month87.5%
3 Month431.59%
6 Month-47.89%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%11.95%
ATR Inc-26.48%
Range Today0.32
ADR(20)0.41
ADR(20)%11.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.95
10 Day Low2.48
20 Day High3.95
20 Day Low1.47
52 Week HighN/A
52 Week LowN/A
CS1 End3.23
CR1 Start3.53
Volume & EV
DER(3)1.1%
DER(5)-3.46%
Volume509.40K
Volume Incr-62.52%
Vol(5)808.94K
Vol(50)1.13M