HIGHWOODS PROPERTIES INC (HIW) Stock Technical Analysis
NYSE:HIW • US4312841087
Overall HIW gets a technical rating of 0 out of 10. HIW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HIW is a bad performer in the overall market: 85% of all stocks are doing better.
- HIW is one of the lesser performing stocks in the Diversified REITs industry. 82% of 122 stocks in the same industry do better.
- HIW 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.
- HIW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- HIW has an average volume of 1387300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, HIW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.12. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HIW 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
22.27
We can see 6 important resistance areas.
- A resistance zone ranging from 23.12 to 23.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.15 to 24.48. 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 25.43 to 25.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.88 from a horizontal line in the daily time frame.
- Resistance @30.79 from a trend line in the weekly time frame.
- A resistance zone ranging from 31.55 to 31.85. 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 HIW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HIW is down. |
| ChartMill Relative Strength | 15.46 | NEGATIVE | HIW has a low relative strength, it was outperformed by 84.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HIW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HIW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.78 | NEUTRAL | The RSI value for HIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests HIW has a negative trend. |
| Stochastics (14,3) | 29.93 | NEUTRAL | The Stochastics value for HIW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for HIW suggests some volalility. |
| Average Directional Index/ADX (14) | 40.09 | POSITIVE | The high ADX value value for HIW suggests a strong trend. |
22.49
-0.93 (-3.97%)
HIGHWOODS PROPERTIES INC / HIW FAQ
What is the technical rating for HIW stock?
ChartMill assigns a technical rating of 0 / 10 to HIW.
Can you provide the trend direction for HIGHWOODS PROPERTIES INC?
The current trend direction for HIGHWOODS PROPERTIES INC (HIW) is Bearish.
What is the RSI signal for HIGHWOODS PROPERTIES INC (HIW) stock?
HIGHWOODS PROPERTIES INC (HIW) has an RSI value of 33.7813. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HIGHWOODS PROPERTIES INC?
The short term momentum for HIGHWOODS PROPERTIES INC (HIW) is negative.
What is the buy/sell signal for HIW stock?
The buy/sell signal for HIGHWOODS PROPERTIES INC (HIW) is sell as both the short term and long term trends are negative.