We assign a technical rating of 1 out of 10 to HOTH. HOTH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of HOTH 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.
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0.83
3 important support areas can be observed.
- Support @1.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.84 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.09 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.19 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.76 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 | DOWN | NEGATIVE | The long term trend for HOTH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOTH is down. |
| ChartMill Relative Strength | 54.68 | NEUTRAL | HOTH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOTH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOTH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HOTH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.77 | NEUTRAL | The RSI value for HOTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HOTH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.86 | OVERSOLD | The low Stochastics value suggests HOTH may be oversold. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for HOTH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.95 | NEUTRAL | The ADX value for HOTH suggests a possible start of a new trend. |
1.07
+0.08 (+8.08%)
HOTH THERAPEUTICS INC / HOTH FAQ
What is the technical rating for HOTH stock?
ChartMill assigns a technical rating of 1 / 10 to HOTH.
What is the current trend direction of HOTH THERAPEUTICS INC (HOTH) stock?
The current trend direction for HOTH THERAPEUTICS INC (HOTH) is Bearish.
Can you provide the RSI signal for HOTH THERAPEUTICS INC?
HOTH THERAPEUTICS INC (HOTH) has an RSI value of 44.7699. This indicates that the stock is currently neutral.
What is the short term momentum for HOTH THERAPEUTICS INC (HOTH) stock?
The short term momentum for HOTH THERAPEUTICS INC (HOTH) is negative.
What is the support and resistance level for HOTH stock?
HOTH THERAPEUTICS INC (HOTH) has a support level at 1 and a resistance level at 1.09. Check the full technical report for our detailed analysis of HOTH support and resistance levels.