Overall HITI gets a technical rating of 2 out of 10. HITI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HITI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.52, a Stop Loss order could be placed below this zone.
More info and screens
1.91
We found 2 important support areas.
- A support zone ranging from 2.47 to 2.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.93 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @2.83 from a trend line in the daily time frame.
- A resistance zone ranging from 2.89 to 2.93. 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 | NEUTRAL | NEUTRAL | The long term trend for HITI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HITI is neutral. |
| ChartMill Relative Strength | 17.03 | NEGATIVE | HITI has a low relative strength, it was outperformed by 82.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HITI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HITI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HITI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.7 | NEUTRAL | The RSI value for HITI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HITI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.17 | NEUTRAL | The Stochastics value for HITI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for HITI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.45 | POSITIVE | The high ADX value value for HITI suggests a strong trend. |
2.77
-0.02 (-0.72%)
HIGH TIDE INC / HITI FAQ
What is the technical rating for HITI stock?
ChartMill assigns a technical rating of 2 / 10 to HITI.
What is the current trend direction of HIGH TIDE INC (HITI) stock?
The current trend direction for HIGH TIDE INC (HITI) is Bearish.
Can you provide the RSI signal for HIGH TIDE INC?
HIGH TIDE INC (HITI) has an RSI value of 50.7005. This indicates that the stock is currently neutral.
What is the MACD signal for HIGH TIDE INC (HITI) stock?
The MACD indicator for HIGH TIDE INC (HITI) has a value of 0.0450595, indicating a bearish trend.
What is the short term momentum for HITI stock?
The short term momentum for HIGH TIDE INC (HITI) is neutral.