HIVE DIGITAL TECHNOLOGIES LT (HIVE) Stock Technical Analysis
NASDAQ:HIVE - Nasdaq - CA4339211035 - Common Stock - Currency: USD
Overall HIVE gets a technical rating of 5 out of 10. HIVE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
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 currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
HIVE has an average volume of 23062900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
HIVE is part of the Software industry. There are 283 other stocks in this industry, HIVE did better than 40% of them.
In the last month HIVE has a been trading in the 1.95 - 2.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HIVE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.29. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HIVE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.90
4.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.08 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.02 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.92 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.29 to 2.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.39 from a trend line in the daily time frame.
- Resistance @4.25 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for HIVE is neutral. |
| ChartMill Relative Strength | 18.95 | NEGATIVE | HIVE has a low relative strength, it was outperformed by 81.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIVE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HIVE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.15 | NEUTRAL | The RSI value for HIVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HIVE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.75 | NEUTRAL | The Stochastics value for HIVE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for HIVE suggests high volalility. |
| Average Directional Index/ADX (14) | 18.22 | NEGATIVE | The low ADX value for HIVE 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)
NASDAQ:HIVE (8/15/2025, 10:47:52 AM)
2.201
-0.05 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.18%
1 Week7.14%
2 Weeks5.14%
1 Month1.35%
3 Month8.7%
6 Month-21.05%
12 Month-26.23%
2 Year-38.36%
3 Year-55.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%6.21%
ATR Inc-9.14%
Range Today0.09
ADR(20)0.13
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
CRS18.95
Mansfield-2.33
10 Day High2.26
10 Day Low1.95
20 Day High2.54
20 Day Low1.95
52 Week High5.54
52 Week Low1.26
CS1 End2.12
CR1 Start2.29
Volume & EV
DER(3)10.32%
DER(5)10.82%
Volume4.14M
Volume Incr-61.08%
Vol(5)10.32M
Vol(50)23.06M