HIGH TIDE INC (HITI.CA) Stock Technical Analysis
Canada - TSX-V:HITI - CA42981E4013 - Common Stock
5.04 CAD
-0.01 (-0.2%)
Taking everything into account, HITI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HITI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HITI did better than 84% of all other stocks.
HITI is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 78% of 34 stocks in the same industry.
HITI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HITI is lagging the market slightly.
In the last month HITI has a been trading in the 4.35 - 5.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, HITI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.91
5.09
5 important support areas can be observed.
- A support zone ranging from 4.37 to 4.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.21 from a trend line in the daily time frame.
- Support @3.14 from a trend line in the weekly time frame.
- Support @3.02 from a horizontal line in the daily time frame.
- Support @2.94 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for HITI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HITI.CA is up. |
| ChartMill Relative Strength | 84.97 | POSITIVE | HITI.CA has a high relative strength, it outperformed 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HITI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HITI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HITI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.56 | NEUTRAL | The RSI value for HITI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HITI.CA has a negative trend. |
| Stochastics (14,3) | 41.94 | NEUTRAL | The Stochastics value for HITI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for HITI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.66 | POSITIVE | The high ADX value value for HITI.CA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.15 | 4.89 | 0.26 (5.05%) | 19.81% |
| An entry @5.15. This is a Buy Stop order right above the 10 day moving average. | An exit @4.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.26 points, which is 5.05%. | For a 1.00% total portfolio risk, you can invest 19.81% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HITI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:HITI (10/2/2025, 7:00:00 PM)
5.04
-0.01 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.2%
1 Week-3.08%
2 Weeks-8.36%
1 Month15.07%
3 Month62.58%
6 Month95.35%
12 Month62.58%
2 Year153.27%
3 Year154.55%
5 Year97.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%6.59%
ATR Inc-58.51%
Range Today0.2
ADR(20)0.31
ADR(20)%6.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.97
Mansfield1.97
10 Day High5.59
10 Day Low4.9
20 Day High5.59
20 Day Low4.35
52 Week High5.59
52 Week Low2.37
CS1 End4.39
CR1 StartN/A
Volume & EV
DER(3)-2.09%
DER(5)-2.28%
Volume131.54K
Volume Incr19.39%
Vol(5)218.59K
Vol(50)145.20K