HOTH THERAPEUTICS INC (HOTH) Stock Technical Analysis
NASDAQ:HOTH - Nasdaq - US44148G2049 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to HOTH. In the past year, HOTH was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
HOTH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HOTH is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
HOTH is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. HOTH outperforms 79% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
HOTH has an average volume of 1226200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HOTH is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month HOTH has a been trading in the 0.81 - 1.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HOTH has an excellent technical rating, it does not present a decent entry opportunity 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
0.68
1.31
When analyzing the support we can see 5 important areas.
- Support @0.85 from a trend line in the daily time frame.
- A support zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.80 from a trend line in the weekly time frame.
- Support @0.77 from a horizontal line in the weekly time frame.
- Support @0.69 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 | NEUTRAL | NEUTRAL | The long term trend for HOTH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOTH is up. |
| ChartMill Relative Strength | 84.76 | POSITIVE | HOTH has a high relative strength, it outperformed 84.76% 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) | 64.82 | NEUTRAL | The RSI value for HOTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HOTH has a positive trend. |
| Stochastics (14,3) | 59.67 | NEUTRAL | The Stochastics value for HOTH is a neutral value. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for HOTH suggests high volalility. |
| Average Directional Index/ADX (14) | 28.08 | 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)
1.3
+0.09 (+7.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg7.44%
1 Week56.57%
2 Weeks54.84%
1 Month34.16%
3 Month19.27%
6 Month55.39%
12 Month19.27%
2 Year-56.67%
3 Year-87.6%
5 Year-97.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%9.74%
ATR Inc288.96%
Range Today0.2
ADR(20)0.13
ADR(20)%9.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.76
Mansfield3.21
10 Day High1.78
10 Day Low0.81
20 Day High1.78
20 Day Low0.81
52 Week High3.8
52 Week Low0.58
CS1 End0.85
CR1 StartN/A
Volume & EV
DER(3)0.66%
DER(5)9.39%
Volume2.81M
Volume Incr4741.11%
Vol(5)8.92M
Vol(50)1.23M