Overall HVBT gets a technical rating of 3 out of 10. HVBT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
HVBT has a poor technical rating and the quality of the setup is also only medium 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.
2.96
We found 1 important support area.
We found 1 important resistance area.
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 HVBT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HVBT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | HVBT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HVBT is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 49.76 | NEUTRAL | The RSI value for HVBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HVBT has a negative trend. |
| Stochastics (14,3) | 19.14 | OVERSOLD | The low Stochastics value suggests HVBT may be oversold. |
| Average True Range in percent/ATR (20) | 8.03 | HIGH VOLATILITY | The high ATR as a percentage value for HVBT suggests high volalility. |
Hive Blockchain Technologies Ltd
NASDAQ:HVBT (9/13/2021, 8:00:02 PM)
After market: 3.05 -0.01 (-0.33%)3.06
+0.06 (+2%)
ChartMill assigns a technical rating of 3 / 10 to HVBT.
The current trend direction for Hive Blockchain Technologies Ltd (HVBT) is Bullish.
Hive Blockchain Technologies Ltd (HVBT) has an RSI value of 49.7567. This indicates that the stock is currently neutral.
The short term momentum for Hive Blockchain Technologies Ltd (HVBT) is neutral.