HOTH THERAPEUTICS INC (HOTH) Stock Technical Analysis
NASDAQ:HOTH - US44148G2049 - Common Stock
1.33 USD
-0.01 (-0.75%)
1.34 USD
+0.01 (+0.75%)
Overall HOTH gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HOTH is only an average performer.
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 long and short term trends are both positive. This is looking good!
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that HOTH is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HOTH is an average performer in the Pharmaceuticals industry, it outperforms 63% of 195 stocks in the same industry.
In the last month HOTH has a been trading in the 1.14 - 1.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HOTH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.42. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HOTH in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
1.55
When analyzing the support we can see 6 important areas.
- Support @1.18 from a trend line in the daily time frame.
- A support zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.13 from a horizontal line in the daily time frame.
- Support @0.89 from a trend line in the weekly time frame.
- Support @0.81 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 3 important areas.
- A resistance zone ranging from 1.42 to 1.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.49 from a horizontal line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for HOTH is up. |
| ChartMill Relative Strength | 70.25 | POSITIVE | HOTH has a high relative strength, it outperformed 70.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HOTH is above 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) | 55.66 | NEUTRAL | The RSI value for HOTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HOTH has a positive trend. |
| Stochastics (14,3) | 64.92 | NEUTRAL | The Stochastics value for HOTH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for HOTH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for HOTH suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.45 | 1.17 | 0.28 (19.31%) | 5.18% |
| An entry @1.45. This is a Buy Stop order right above the resistance zone. | An exit @1.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.28 points, which is 19.31%. | For a 1.00% total portfolio risk, you can invest 5.18% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.33
-0.01 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.75%
1 Week9.92%
2 Weeks3.1%
1 Month6.4%
3 Month2.31%
6 Month22.02%
12 Month25.47%
2 Year-12.52%
3 Year-84.71%
5 Year-97.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.45%
ATR Inc-11.27%
Range Today0.06
ADR(20)0.08
ADR(20)%6.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.25
Mansfield1.63
10 Day High1.43
10 Day Low1.16
20 Day High1.43
20 Day Low1.14
52 Week High3.8
52 Week Low0.65
CS1 End1.18
CR1 Start1.42
Volume & EV
DER(3)3.47%
DER(5)-1.44%
Volume578.50K
Volume Incr2564.19%
Vol(5)5.12M
Vol(50)796.26K