HOTH THERAPEUTICS INC (HOTH) Stock Technical Analysis
NASDAQ:HOTH - Nasdaq - US44148G2049 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to HOTH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HOTH is showing a nice and steady performance.
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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that HOTH is one of the better performing stocks in the market, outperforming 93% of all stocks.
HOTH is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 90% of 194 stocks in the same industry.
HOTH has an average volume of 1379940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HOTH has a been trading in the 1.10 - 1.57 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 HOTH 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
0.76
1.50
5 important support areas can be observed.
- A support zone ranging from 1.24 to 1.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.96 from a trend line in the daily time frame.
- A support zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.86 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 1.44 to 1.45. 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.
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 | 93.32 | POSITIVE | HOTH has a high relative strength, it outperformed 93.32% 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) | 53.63 | NEUTRAL | The RSI value for HOTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HOTH has a negative trend. |
| Stochastics (14,3) | 40.3 | NEUTRAL | The Stochastics value for HOTH is a neutral value. |
| Average True Range in percent/ATR (20) | 7.98 | HIGH VOLATILITY | The high ATR as a percentage value for HOTH suggests high volalility. |
| Average Directional Index/ADX (14) | 36.95 | 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)
1.32
+0.07 (+5.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg5.6%
1 Week-7.69%
2 Weeks11.86%
1 Month9.09%
3 Month54.28%
6 Month-2.94%
12 Month58.14%
2 Year-49.43%
3 Year-87.06%
5 Year-98.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.98%
ATR Inc15.93%
Range Today0.12
ADR(20)0.1
ADR(20)%7.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.32
Mansfield2.34
10 Day High1.57
10 Day Low1.17
20 Day High1.57
20 Day Low1.1
52 Week High3.8
52 Week Low0.58
CS1 End1.24
CR1 Start1.44
Volume & EV
DER(3)5.39%
DER(5)-0.39%
Volume250.40K
Volume Incr-53.63%
Vol(5)317.74K
Vol(50)1.38M