HITEK GLOBAL INC-CL A (HKIT) Stock Technical Analysis
USA - NASDAQ:HKIT - KYG451391059 - Common Stock
1.73 USD
-0.03 (-1.7%)
We assign a technical rating of 9 out of 10 to HKIT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HKIT is showing a nice and steady performance.
Warning: HKIT has an average volume of 28184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, HKIT did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
HKIT is an average performer in the IT Services industry, it outperforms 68% of 86 stocks in the same industry.
HKIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HKIT is lagging the market.
In the last month HKIT has a been trading in the 1.47 - 2.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HKIT 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
1.14
1.79
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.51 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.48 from a horizontal line in the weekly time frame.
- Support @1.42 from a trend line in the daily time frame.
- Support @1.39 from a trend line in the weekly time frame.
- Support @1.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.77 from a horizontal 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 HKIT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HKIT is up. |
| ChartMill Relative Strength | 81.78 | POSITIVE | HKIT has a high relative strength, it outperformed 81.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HKIT is above the rising 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) | 59.81 | NEUTRAL | The RSI value for HKIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HKIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.47 | NEUTRAL | The Stochastics value for HKIT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for HKIT suggests high volalility. |
| Average Directional Index/ADX (14) | 54.44 | POSITIVE | The high ADX value value for HKIT suggests a strong 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)
NASDAQ:HKIT (9/15/2025, 8:03:04 PM)
1.73
-0.03 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.7%
1 Week13.82%
2 Weeks16.89%
1 Month13.07%
3 Month28.81%
6 Month37.86%
12 Month19.31%
2 Year-25.11%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%5.28%
ATR Inc187.96%
Range Today0.19
ADR(20)0.09
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.78
Mansfield1.42
10 Day High2.08
10 Day Low1.48
20 Day High2.08
20 Day Low1.47
52 Week High2.08
52 Week Low1.15
CS1 End1.53
CR1 Start1.77
Volume & EV
DER(3)-9.76%
DER(5)-2.21%
Volume58.80K
Volume Incr1405.36%
Vol(5)154.40K
Vol(50)28.18K