HIVE DIGITAL TECHNOLOGIES LT (HIVE) Stock Technical Analysis
USA - NASDAQ:HIVE - CA4339211035 - Common Stock
3.31 USD
-0.35 (-9.56%)
3.38 USD
+0.07 (+2.11%)
We assign a technical rating of 2 out of 10 to HIVE. HIVE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month HIVE has a been trading in the 3.28 - 6.30 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.
HIVE is part of the Software industry. There are 281 other stocks in this industry. HIVE outperforms 75% of them.
HIVE has an average volume of 36107000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that HIVE is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HIVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIVE is lagging the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of HIVE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.28
4.82
We found 1 important resistance area.
- A resistance zone ranging from 4.76 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for HIVE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HIVE is down. |
| ChartMill Relative Strength | 75.27 | POSITIVE | HIVE has a high relative strength, it outperformed 75.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIVE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HIVE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.74 | OVERSOLD | The low RSI value suggests HIVE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests HIVE has a negative trend. |
| Stochastics (14,3) | 1.51 | OVERSOLD | The low Stochastics value suggests HIVE may be oversold. |
| Average True Range in percent/ATR (20) | 14.34 | HIGH VOLATILITY | The high ATR as a percentage value for HIVE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.42 | NEUTRAL | The ADX value for HIVE 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)
3.31
-0.35 (-9.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-9.56%
1 Week-29.57%
2 Weeks-36.35%
1 Month-42.03%
3 Month49.1%
6 Month59.9%
12 Month-25.28%
2 Year7.82%
3 Year56.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%14.34%
ATR Inc-10.18%
Range Today0.27
ADR(20)0.44
ADR(20)%13.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.27
3 months CRS95.7
6 months CRS92.21
Mansfield0.64
10 Day High5.59
10 Day Low3.28
20 Day High6.3
20 Day Low3.28
52 Week High7.84
52 Week Low1.26
CS1 EndN/A
CR1 Start4.76
Volume & EV
DER(3)-3.13%
DER(5)-0.63%
Volume21.45M
Volume Incr-17.29%
Vol(5)20.91M
Vol(50)36.11M
HIVE DIGITAL TECHNOLOGIES LT / HIVE FAQ
Can you provide the ChartMill technical rating for HIVE DIGITAL TECHNOLOGIES LT?
ChartMill assigns a technical rating of 2 / 10 to HIVE.
What is the current trend direction of HIVE DIGITAL TECHNOLOGIES LT (HIVE) stock?
The current trend direction for HIVE DIGITAL TECHNOLOGIES LT (HIVE) is Bearish.
Can you provide the RSI signal for HIVE DIGITAL TECHNOLOGIES LT?
HIVE DIGITAL TECHNOLOGIES LT (HIVE) has an RSI value of 28.7429. This indicates that the stock is currently oversold.
Can you provide the MACD signal for HIVE DIGITAL TECHNOLOGIES LT?
The MACD indicator for HIVE DIGITAL TECHNOLOGIES LT (HIVE) has a value of -0.257807, indicating a bearish trend.