Overall HOTH gets a technical rating of 1 out of 10. 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.
Although the technical rating is bad, HOTH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.22. Right above this resistance zone may be a good entry point.
More info and screens
0.95
When analyzing the support we can see 4 important areas.
- Support @1.12 from a trend line in the weekly time frame.
- Support @1.08 from a horizontal line in the weekly time frame.
- Support @1.05 from a trend line in the daily time frame.
- Support @0.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.77 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 | 69.93 | 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) | 42.68 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for HOTH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for HOTH suggests high volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for HOTH suggests a possible start of a new trend. |
1.16
-0.04 (-3.33%)
HOTH THERAPEUTICS INC / HOTH FAQ
What is the technical rating for HOTH stock?
ChartMill assigns a technical rating of 1 / 10 to HOTH.
Can you provide the trend direction for HOTH THERAPEUTICS INC?
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 42.676. This indicates that the stock is currently neutral.
What is the buy/sell signal for HOTH stock?
The buy/sell signal for HOTH THERAPEUTICS INC (HOTH) is sell as both the short term and long term trends are negative.
What is the support and resistance level for HOTH stock?
HOTH THERAPEUTICS INC (HOTH) has a support level at 1.12 and a resistance level at 1.22. Check the full technical report for our detailed analysis of HOTH support and resistance levels.