HOTH THERAPEUTICS INC (HOTH) Stock Technical Analysis
NASDAQ:HOTH - Nasdaq - US44148G2049 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to HOTH. In the last year, HOTH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
HOTH 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
HOTH is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 80% of 195 stocks in the same industry.
HOTH has an average volume of 1298060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HOTH is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month HOTH has a been trading in the 0.83 - 1.78 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.
Although the technical rating is only medium, HOTH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.76
1.42
5 important support areas can be observed.
- Support @0.90 from a trend line in the daily time frame.
- Support @0.87 from a trend line in the daily time frame.
- Support @0.84 from a trend line in the weekly time frame.
- Support @0.80 from a trend line in the weekly time frame.
- Support @0.77 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.41 from a trend 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 HOTH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HOTH is neutral. |
| ChartMill Relative Strength | 79.7 | POSITIVE | HOTH has a high relative strength, it outperformed 79.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HOTH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOTH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOTH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.94 | NEUTRAL | The RSI value for HOTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HOTH has a negative trend. |
| Stochastics (14,3) | 13.67 | OVERSOLD | The low Stochastics value suggests HOTH may be oversold. |
| Average True Range in percent/ATR (20) | 15.74 | HIGH VOLATILITY | The high ATR as a percentage value for HOTH suggests high volalility. |
| Average Directional Index/ADX (14) | 40.05 | POSITIVE | The high ADX value value for HOTH 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)
1.13
-0.04 (-3.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.42%
1 Week-6.61%
2 Weeks-20.42%
1 Month30.29%
3 Month9.71%
6 Month45.99%
12 Month24.27%
2 Year-62.33%
3 Year-89.22%
5 Year-98.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%15.74%
ATR Inc-71.74%
Range Today0.06
ADR(20)0.17
ADR(20)%15.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.7
Mansfield1.07
10 Day High1.44
10 Day Low1.1
20 Day High1.78
20 Day Low0.83
52 Week High3.8
52 Week Low0.58
CS1 End0.9
CR1 Start1.24
Volume & EV
DER(3)-6.09%
DER(5)-1.7%
Volume432.10K
Volume Incr-74.2%
Vol(5)726.04K
Vol(50)1.30M