HIVE DIGITAL TECHNOLOGIES LT (HIVE.CA) Stock Technical Analysis
TSX-V:HIVE - TSX Venture Exchange - CA4339211035 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to HIVE. In the past year, HIVE 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.
When comparing the yearly performance of all stocks, HIVE is a bad performer in the overall market: 82% of all stocks are doing better.
HIVE is part of the Software industry. There are 62 other stocks in this industry, of which 62% are performing better than HIVE.
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.
HIVE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
HIVE has an average technical rating and the quality of the presented setup is also not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.67
2.93
When analyzing the support we notice one important area.
- A support zone ranging from 2.70 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.74 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.89 to 2.90. 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 HIVE.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIVE.CA is up. |
| ChartMill Relative Strength | 18.24 | NEGATIVE | HIVE.CA has a low relative strength, it was outperformed by 81.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIVE.CA is above 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) | 57.36 | NEUTRAL | The RSI value for HIVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HIVE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for HIVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for HIVE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.24 | NEUTRAL | The ADX value for HIVE.CA suggests a possible start of a new 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 (5/27/2025, 7:00:00 PM)
2.74
+0.03 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.11%
1 Week-4.86%
2 Weeks6.2%
1 Month10.48%
3 Month-10.16%
6 Month-52.76%
12 Month-20.35%
2 Year-38.15%
3 Year-50.45%
5 Year46.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%6.23%
ATR Inc-29.72%
Range Today0.1
ADR(20)0.16
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.24
Mansfield-3.37
10 Day High2.98
10 Day Low2.51
20 Day High2.98
20 Day Low2.23
52 Week High7.75
52 Week Low1.8
CS1 End2.7
CR1 Start2.74
Volume & EV
DER(3)1.37%
DER(5)-1.27%
Volume840.13K
Volume Incr20.29%
Vol(5)1.04M
Vol(50)829.40K