HIGHWOODS PROPERTIES INC (HIW) Technical Analysis
NYSE:HIW • US4312841087
Current stock price
HIW Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to HIW. Recently some decent action could be observed, but in the medium term time frame this is still negative. HIW was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, HIW is a bad performer in the overall market: 81% of all stocks are doing better.
- HIW is one of the lesser performing stocks in the Diversified REITs industry. 79% of 121 stocks in the same industry do better.
- In the last month HIW has a been trading in the 21.28 - 24.97 range, which is quite wide. It is currently trading near the high of this range.
- HIW has an average volume of 1357930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- 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.
HIW Weekly and Daily overview Charts
HIW Setup Rating and Analysis
HIW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.10, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
HIW Support and Resistance Analysis
23.06
When analyzing the support we notice one important area.
- A support zone ranging from 23.29 to 24.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.72 to 24.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.08 from a trend line in the weekly time frame.
HIW Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for HIW is up. |
| ChartMill Relative Strength | 19.63 | NEGATIVE | HIW has a low relative strength, it was outperformed by 80.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIW is above the rising 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) | 64.04 | NEUTRAL | The RSI value for HIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests HIW has a positive trend. |
| Stochastics (14,3) | 76.23 | NEUTRAL | The Stochastics value for HIW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for HIW suggests some volalility. |
| Average Directional Index/ADX (14) | 30.54 | POSITIVE | The high ADX value value for HIW suggests a strong trend. |
HIW Chart- and CandleStick Pattern Analysis
HIW Technicals: Chart, Performance Metrics, Trend & Indicators
24.71
+0.4 (+1.65%)
HIGHWOODS PROPERTIES INC / HIW TA FAQ
What is the technical rating for HIW stock?
ChartMill assigns a technical rating of 4 / 10 to HIW.
What is the current trend direction of HIGHWOODS PROPERTIES INC (HIW) stock?
The current trend direction for HIGHWOODS PROPERTIES INC (HIW) is Bearish.
Can you provide the RSI signal for HIGHWOODS PROPERTIES INC?
HIGHWOODS PROPERTIES INC (HIW) has an RSI value of 64.0402. 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 0.13251, indicating a bearish trend.
What is the short term momentum for HIW stock?
The short term momentum for HIGHWOODS PROPERTIES INC (HIW) is positive.