HIVE DIGITAL TECHNOLOGIES LT (HIVE.CA) Stock Technical Analysis
TSX-V:HIVE - TSX Venture Exchange - CA4339211035 - Common Stock - Currency: CAD
Overall HIVE gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. HIVE was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, HIVE is a bad performer in the overall market: 87% of all stocks are doing better.
HIVE is one of the lesser performing stocks in the Software industry. 70% of 63 stocks in the same industry do better.
HIVE 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 HIVE is lagging the market.
In the last month HIVE has a been trading in the 2.30 - 2.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of HIVE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.45
2.78
We found 1 important support area.
- A support zone ranging from 2.47 to 2.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.62 to 2.63. 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 2.71 to 2.75. 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 | DOWN | NEGATIVE | The long term trend for HIVE.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HIVE.CA is neutral. |
| ChartMill Relative Strength | 13.82 | NEGATIVE | HIVE.CA has a low relative strength, it was outperformed by 86.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HIVE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIVE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HIVE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.54 | NEUTRAL | The RSI value for HIVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HIVE.CA has a negative trend. |
| Stochastics (14,3) | 15.74 | OVERSOLD | The low Stochastics value suggests HIVE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for HIVE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for HIVE.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:HIVE (5/30/2025, 7:00:00 PM)
2.48
-0.03 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.2%
1 Week-8.49%
2 Weeks-3.88%
1 Month0.4%
3 Month-18.69%
6 Month-57.24%
12 Month-27.91%
2 Year-44.02%
3 Year-55.15%
5 Year32.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.51%
ATR Inc-35.6%
Range Today0.07
ADR(20)0.15
ADR(20)%6.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.82
Mansfield-4.09
10 Day High2.98
10 Day Low2.44
20 Day High2.98
20 Day Low2.3
52 Week High7.75
52 Week Low1.8
CS1 End2.47
CR1 Start2.62
Volume & EV
DER(3)-6.56%
DER(5)-3.83%
Volume415.41K
Volume Incr-37.86%
Vol(5)596.85K
Vol(50)815.49K