HIGHWOODS PROPERTIES INC (HIW) Stock Technical Analysis
NYSE:HIW - New York Stock Exchange, Inc. - US4312841087 - REIT - Currency: USD
Overall HIW gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HIW is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
HIW is one of the better performing stocks in the Diversified REITs industry, it outperforms 92% of 129 stocks in the same industry.
In the last month HIW has a been trading in the 28.42 - 31.95 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, HIW did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
Although HIW has an excellent technical rating, it does not offer a high 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
27.16
32.17
When analyzing the support we can see 4 important areas.
- Support @31.73 from a horizontal line in the daily time frame.
- A support zone ranging from 29.77 to 30.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.73 to 29.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.43 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 | UP | POSITIVE | The long term trend for HIW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIW is up. |
| ChartMill Relative Strength | 83.25 | POSITIVE | HIW has a high relative strength, it outperformed 83.25% 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 | MIXED | The current price of HIW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.52 | NEUTRAL | The RSI value for HIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests HIW has a positive trend. |
| Stochastics (14,3) | 92.23 | OVERBOUGHT | The high Stochastics value suggests HIW may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for HIW suggests some volalility. |
| Average Directional Index/ADX (14) | 15.2 | NEGATIVE | The low ADX value for HIW 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)
31.85
+0.45 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.43%
1 Week4.63%
2 Weeks5.64%
1 Month6.56%
3 Month12.98%
6 Month2.51%
12 Month24.03%
2 Year33.21%
3 Year-6.84%
5 Year-14.68%
10 Year-20.28%
15 Year14.73%
Volatility
ATR(14)0.7
ATR(20)%2.18%
ATR Inc-16.38%
Range Today0.59
ADR(20)0.66
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.25
Mansfield-0.03
10 Day High31.95
10 Day Low29.22
20 Day High31.95
20 Day Low28.42
52 Week High36.78
52 Week Low24.19
CS1 End31.73
CR1 StartN/A
Volume & EV
DER(3)2.08%
DER(5)0.68%
Volume1.17M
Volume Incr-9.91%
Vol(5)808.82K
Vol(50)933.52K