Taking everything into account, HIT scores 0 out of 10 in our technical rating. HIT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than HIT.
- HIT is part of the Insurance industry. There are 149 other stocks in this industry, of which 86% are performing better than HIT.
- HIT 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.
- In the last month HIT has a been trading in the 1.36 - 1.90 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
HIT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for HIT 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
1.16
3 important support areas can be observed.
- A support zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.38 from a horizontal line in the daily time frame.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.45 to 1.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 HIT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HIT is down. |
| ChartMill Relative Strength | 3.2 | NEGATIVE | HIT has a low relative strength, it was outperformed by 96.8% 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) | UP | MIXED | The current price of HIT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.2 | NEUTRAL | The RSI value for HIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HIT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.82 | NEUTRAL | The Stochastics value for HIT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.6 | HIGH VOLATILITY | The high ATR as a percentage value for HIT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for HIT suggests a weak or negative trend. |
1.45
-0.03 (-2.03%)
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 current trend direction of HEALTH IN TECH INC-CLASS A (HIT) stock?
The current trend direction for HEALTH IN TECH INC-CLASS A (HIT) is Bearish.
What is the RSI signal for HIT stock?
HEALTH IN TECH INC-CLASS A (HIT) has an RSI value of 46.2039. This indicates that the stock is currently neutral.
What is the short term momentum for HIT stock?
The short term momentum for HEALTH IN TECH INC-CLASS A (HIT) is negative.
What is the buy/sell signal for HIT stock?
The buy/sell signal for HEALTH IN TECH INC-CLASS A (HIT) is sell as both the short term and long term trends are negative.