HIGHWOODS PROPERTIES INC (HIW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HIW - US4312841087 - REIT
We assign a technical rating of 0 out of 10 to HIW. HIW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HIW is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.15
2 important support areas can be observed.
- Support @27.28 from a trend line in the weekly time frame.
- Support @26.41 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.36 to 30.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.85 to 31.89. 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 | 25.27 | NEGATIVE | HIW has a low relative strength, it was outperformed by 74.73% 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) | 32.01 | NEUTRAL | The RSI value for HIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests HIW has a negative trend. |
| Stochastics (14,3) | 6.58 | OVERSOLD | The low Stochastics value suggests HIW may be oversold. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for HIW suggests some volalility. |
| Average Directional Index/ADX (14) | 37.17 | POSITIVE | The high ADX value value for HIW suggests a strong trend. |
27.29
+0.11 (+0.4%)
HIGHWOODS PROPERTIES INC / HIW FAQ
What is the technical rating for HIW stock?
ChartMill assigns a technical rating of 0 / 10 to HIW.
What is the trend direction for HIW stock?
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 32.0137. This indicates that the stock is currently neutral.
What is the MACD signal for HIGHWOODS PROPERTIES INC (HIW) stock?
The MACD indicator for HIGHWOODS PROPERTIES INC (HIW) has a value of -0.10975, indicating a bearish trend.
What are the support and resistance levels for HIGHWOODS PROPERTIES INC (HIW) stock?
HIGHWOODS PROPERTIES INC (HIW) has a support level at 27.28 and a resistance level at 29.36. Check the full technical report for our detailed analysis of HIW support and resistance levels.