HITEK GLOBAL INC-CL A (HKIT) Technical Analysis
NASDAQ:HKIT • KYG451391059
Current stock price
HKIT Technical Rating and Analysis
Overall HKIT gets a technical rating of 0 out of 10. HKIT'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.
- 88% of all other stocks performed better in the past year than HKIT.
- HKIT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HKIT is lagging the market.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- HKIT is part of the IT Services industry. There are 87 other stocks in this industry, HKIT did better than 45% of them.
- In the last month HKIT has a been trading in the 0.53 - 2.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
HKIT Weekly and Daily overview Charts
HKIT Setup Rating and Analysis
The technical rating of HKIT 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
HKIT Support and Resistance Analysis
1.01
3 important resistance areas can be observed.
- A resistance zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.93 from a trend line in the daily time frame.
- Resistance @2.32 from a horizontal line in the daily time frame.
HKIT 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 | NEUTRAL | NEUTRAL | The long term trend for HKIT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HKIT is down. |
| ChartMill Relative Strength | 12.62 | NEGATIVE | HKIT has a low relative strength, it was outperformed by 87.38% 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) | DOWN | NEGATIVE | The current price of HKIT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HKIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.42 | OVERSOLD | The low RSI value suggests HKIT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HKIT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.57 | NEUTRAL | The Stochastics value for HKIT is a neutral value. |
| Average True Range in percent/ATR (20) | 15.21 | HIGH VOLATILITY | The high ATR as a percentage value for HKIT suggests high volalility. |
| Average Directional Index/ADX (14) | 35.52 | POSITIVE | The high ADX value value for HKIT suggests a strong trend. |
HKIT Chart- and CandleStick Pattern Analysis
HKIT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HKIT (3/13/2026, 8:00:02 PM)
1.02
+0.03 (+3.02%)
HITEK GLOBAL INC-CL A / HKIT TA FAQ
Can you provide the ChartMill technical rating for HITEK GLOBAL INC-CL A?
ChartMill assigns a technical rating of 0 / 10 to HKIT.
What is the trend direction for HKIT stock?
The current trend direction for HITEK GLOBAL INC-CL A (HKIT) is Bearish.
What is the RSI signal for HKIT stock?
HITEK GLOBAL INC-CL A (HKIT) has an RSI value of 29.4167. This indicates that the stock is currently oversold.
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 -0.057315, 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 resistance level at 1.08. Check the full technical report for our detailed analysis of HKIT support and resistance levels.