HIGH TIDE INC (HITI.CA) Stock Technical Analysis
TSX-V:HITI - TSX Venture Exchange - CA42981E4013 - Common Stock - Currency: CAD
Overall HITI gets a technical rating of 1 out of 10. HITI'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, HITI is a bad performer in the overall market: 74% of all stocks are doing better.
HITI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HITI is lagging the market.
In the last month HITI has a been trading in the 2.85 - 3.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HITI is part of the Pharmaceuticals industry. There are 34 other stocks in this industry, HITI did better than 63% of them.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, HITI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.60
3.39
4 important support areas can be observed.
- Support @3.05 from a horizontal line in the weekly time frame.
- Support @2.98 from a horizontal line in the daily time frame.
- Support @2.73 from a trend line in the weekly time frame.
- Support @2.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.09 to 3.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.17 to 3.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.36 to 3.36. 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 HITI.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HITI.CA is down. |
| ChartMill Relative Strength | 26.44 | NEGATIVE | HITI.CA has a low relative strength, it was outperformed by 73.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HITI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HITI.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HITI.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.74 | NEUTRAL | The RSI value for HITI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HITI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.84 | NEUTRAL | The Stochastics value for HITI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for HITI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for HITI.CA suggests a weak or negative 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)
TSX-V:HITI (6/20/2025, 7:00:00 PM)
3.06
+0.07 (+2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.34%
1 Week-1.29%
2 Weeks-4.97%
1 Month-2.86%
3 Month-1.92%
6 Month-29.82%
12 Month-3.77%
2 Year84.34%
3 Year17.69%
5 Year27.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%3.46%
ATR Inc-22.98%
Range Today0.12
ADR(20)0.1
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.44
Mansfield-1.3
10 Day High3.26
10 Day Low2.85
20 Day High3.26
20 Day Low2.85
52 Week High5.08
52 Week Low2.3
CS1 End3.05
CR1 Start3.09
Volume & EV
DER(3)-2.2%
DER(5)-4.5%
Volume71.66K
Volume Incr60.96%
Vol(5)51.74K
Vol(50)37.86K