HOTH THERAPEUTICS INC (HOTH) Stock Technical Analysis
NASDAQ:HOTH - Nasdaq - US44148G2049 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to HOTH. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
In the last month HOTH has a been trading in the 1.14 - 1.41 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, HOTH did better than 94% of all other stocks.
HOTH is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. HOTH outperforms 89% of them.
HOTH has an average volume of 1418390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, HOTH also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
0.76
1.55
When analyzing the support we can see 7 important areas.
- Support @1.18 from a horizontal line in the weekly time frame.
- Support @1.15 from a horizontal line in the daily time frame.
- Support @1.03 from a trend line in the daily time frame.
- Support @0.94 from a trend line in the daily time frame.
- Support @0.91 from a trend line in the weekly time frame.
- Support @0.87 from a trend line in the weekly time frame.
- Support @0.77 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.28 to 1.30. 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 1.35 to 1.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.44 to 1.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.53 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 HOTH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HOTH is neutral. |
| ChartMill Relative Strength | 94.28 | POSITIVE | HOTH has a high relative strength, it outperformed 94.28% off all stocks 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) | UP | MIXED | The current price of HOTH is below 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) | 49.03 | NEUTRAL | The RSI value for HOTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HOTH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.06 | OVERSOLD | The low Stochastics value suggests HOTH may be oversold. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for HOTH suggests high volalility. |
| Average Directional Index/ADX (14) | 22.88 | NEUTRAL | The ADX value for HOTH suggests a possible start of a new 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)
1.27
+0.11 (+9.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg9.48%
1 Week-7.97%
2 Weeks-2.31%
1 Month-5.22%
3 Month47.64%
6 Month12.39%
12 Month80.4%
2 Year-41.47%
3 Year-88.19%
5 Year-98.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.92%
ATR Inc41.9%
Range Today0.19
ADR(20)0.1
ADR(20)%7.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.28
Mansfield1.35
10 Day High1.41
10 Day Low1.14
20 Day High1.41
20 Day Low1.14
52 Week High3.8
52 Week Low0.65
CS1 End1.18
CR1 Start1.28
Volume & EV
DER(3)-2.85%
DER(5)-9.37%
Volume461.10K
Volume Incr-37.53%
Vol(5)249.26K
Vol(50)1.42M