Hive Blockchain Technologies Ltd (HVBT) Stock Technical Analysis
NASDAQ:HVBT - Nasdaq -
We assign a technical rating of 3 out of 10 to HVBT. In the last year, HVBT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, HVBT is a bad performer in the overall market: 100% of all stocks are doing better.
HVBT is part of the Software industry. There are 284 other stocks in this industry, of which 90% are performing better than HVBT.
Warning: HVBT has an average volume of 0 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
HVBT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HVBT is lagging the market slightly.
In the last month HVBT has a been trading in the 2.66 - 3.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HVBT has a poor technical rating and the quality of the setup is also not perfect 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
2.96
3.14
We found 1 important support area.
- A support zone ranging from 2.99 to 2.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.07 to 3.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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. |
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)
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 TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2%
1 Week-15%
2 Weeks-1.92%
1 Month0.66%
3 Month0%
6 Month0%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%8.03%
ATR Inc-12.66%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.75
10 Day Low2.9
20 Day High3.75
20 Day Low2.66
52 Week High3.75
52 Week Low1.87
CS1 End2.99
CR1 Start3.07
Volume & EV
DER(3)-4.37%
DER(5)-6.14%
Volume5.19M
Volume Incr24.86%
Vol(5)6.13M
Vol(50)N/A