We assign a technical rating of 1 out of 10 to HITI. 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.
HITI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.93. Right above this resistance zone may be a good entry point.
More info and screens
1.92
We found 4 important support areas.
- A support zone ranging from 2.69 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.59 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.47 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.94 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.93 to 2.93. 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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HITI is neutral. |
| ChartMill Relative Strength | 16.67 | NEGATIVE | HITI has a low relative strength, it was outperformed by 83.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HITI is below 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) | 48.78 | NEUTRAL | The RSI value for HITI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HITI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.13 | NEUTRAL | The Stochastics value for HITI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for HITI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for HITI suggests a weak or negative trend. |
2.71
+0.05 (+1.88%)
HIGH TIDE INC / HITI FAQ
What is the technical rating for HITI stock?
ChartMill assigns a technical rating of 1 / 10 to HITI.
What is the trend direction for 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 48.7785. This indicates that the stock is currently neutral.
What is the MACD signal for HITI stock?
The MACD indicator for HIGH TIDE INC (HITI) has a value of -0.0000869549, indicating a bearish trend.