HIGHWOODS PROPERTIES INC (HIW)

US4312841087 - REIT

23.67  -0.15 (-0.63%)

After market: 23.67 0 (0%)

Technical Rating and Analysis

8

Overall HIW gets a technical rating of 8 out of 10. Although HIW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
HIW is part of the Diversified REITs industry. There are 128 other stocks in this industry. HIW outperforms 82% of them.
In the last month HIW has a been trading in the 21.46 - 24.84 range, which is quite wide. It is currently trading near the high of this range.
HIW has an average volume of 1529790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, HIW turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
HIW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIW is lagging the market.
Weekly and Daily overview Charts
HIW Weekly chart
HIW Daily chart
Setup Rating and Analysis

8

HIW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.19, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.42

24.85

We found 2 important support areas.

  • A support zone ranging from 22.23 to 23.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.64 to 21.79. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 23.85 to 24.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 24.51 to 24.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.06
Mansfield-0.78
10 Day High24.84
10 Day Low22.6
20 Day High24.84
20 Day Low21.46
52 Week High27.57
52 Week Low17.06
Performance
1 Week-0.46%
2 Weeks-1.66%
1 Month5.06%
3 Month32.09%
6 Month3.63%
12 Month-12.5%
2 Year-45.71%
3 Year-40.77%
5 Year-48.89%
10 Year-37.23%
15 Year25.3%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)54.71
LBB21.65
UBB25.01
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.1022.591.51 (6.27%)15.96%
An entry @24.10. This is a Buy Stop order right above the resistance zone.An exit @22.59. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.51 points, which is 6.27%.When investing 15.96% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HIW Daily chart

HIGHWOODS PROPERTIES INC

NYSE:HIW (2/23/2024, 7:04:00 PM)

After market: 23.67 0 (0%)

23.67

-0.15 (-0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.63%
1 Week-0.46%
2 Weeks-1.66%
1 Month5.06%
3 Month32.09%
6 Month3.63%
12 Month-12.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.93
ATR(20)%3.67%
ATR Inc
Range Today0.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.84
10 Day Low22.6
20 Day High24.84
20 Day Low21.46
52 Week High27.57
52 Week Low17.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.08M
Volume Incr-26.44%
Vol(5)1.46M
Vol(50)1.53M