HIGH TIDE INC (HITI.CA) Stock Technical Analysis
TSX-V:HITI - TSX Venture Exchange - CA42981E4013 - Common Stock - Currency: CAD
Taking everything into account, HITI scores 2 out of 10 in our technical rating. In the past year, HITI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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. 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 3.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.28, a Stop Loss order could be placed below this zone.
More info and screens
2.44
3 important support areas can be observed.
- A support zone ranging from 3.28 to 3.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.64 from a trend line in the weekly time frame.
- Support @2.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.32 to 3.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TSX-V:HITI (5/2/2025, 7:00:00 PM)
3.29
-0.03 (-0.9%)