HITEK GLOBAL INC-CL A (HKIT) Stock Technical Analysis
NASDAQ:HKIT • KYG451391059
Overall HKIT gets a technical rating of 8 out of 10. In the last year, HKIT was one of the better performers, but we do observe some doubts in the very recent evolution.
- HKIT 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that HKIT is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, HKIT also shows a nice and consistent pattern of rising prices.
- HKIT is part of the IT Services industry. There are 87 other stocks in this industry. HKIT outperforms 90% of them.
- In the last month HKIT has a been trading in the 1.80 - 2.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
HKIT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for HKIT 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.
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1.29
We found 7 important support areas.
- Support @1.91 from a horizontal line in the weekly time frame.
- Support @1.73 from a horizontal line in the daily time frame.
- Support @1.54 from a trend line in the weekly time frame.
- Support @1.40 from a trend line in the daily time frame.
- Support @1.37 from a horizontal line in the daily time frame.
- Support @1.33 from a horizontal line in the daily time frame.
- Support @1.30 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.97 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.05 from a trend line in the daily time frame.
- Resistance @2.09 from a horizontal line in the daily 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 HKIT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HKIT is neutral. |
| ChartMill Relative Strength | 82.61 | POSITIVE | HKIT has a high relative strength, it outperformed 82.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HKIT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HKIT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HKIT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.91 | NEUTRAL | The RSI value for HKIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HKIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.24 | NEUTRAL | The Stochastics value for HKIT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.85 | HIGH VOLATILITY | The high ATR as a percentage value for HKIT suggests high volalility. |
| Average Directional Index/ADX (14) | 12.21 | NEGATIVE | The low ADX value for HKIT suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.00 | 1.90 | 0.10 (5.00%) | 20.00% |
| An entry @2.00. This is a Buy Stop order right above the resistance zone. | An exit @1.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.10 points, which is 5.00%. | For a 1.00% total portfolio risk, you can invest 20.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HKIT. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:HKIT (2/13/2026, 8:14:57 PM)
1.97
-0.05 (-2.48%)
HITEK GLOBAL INC-CL A / HKIT FAQ
Can you provide the ChartMill technical rating for HITEK GLOBAL INC-CL A?
ChartMill assigns a technical rating of 8 / 10 to HKIT.
What is the trend direction for HKIT stock?
The current trend direction for HITEK GLOBAL INC-CL A (HKIT) is Bullish.
What is the RSI signal for HKIT stock?
HITEK GLOBAL INC-CL A (HKIT) has an RSI value of 48.9068. This indicates that the stock is currently neutral.
What is the MACD signal for HITEK GLOBAL INC-CL A (HKIT) stock?
The MACD indicator for HITEK GLOBAL INC-CL A (HKIT) has a value of 0.000636029, indicating a bearish trend.
Can you provide the support and resistance levels for HITEK GLOBAL INC-CL A?
HITEK GLOBAL INC-CL A (HKIT) has a support level at 1.91 and a resistance level at 1.97. Check the full technical report for our detailed analysis of HKIT support and resistance levels.