Taking everything into account, HVBT scores 3 out of 10 in our technical rating. 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.
- 100% of all other stocks performed better in the past year than HVBT.
- HVBT is one of the lesser performing stocks in the Software industry. 90% of 277 stocks in the same industry do better.
- 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 currently trading near new highs, so HVBT is lagging the market.
- 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 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.
More info and screens
2.96
When analyzing the support we notice one important 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. |
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%)
Hive Blockchain Technologies Ltd / HVBT FAQ
What is the technical rating for HVBT stock?
ChartMill assigns a technical rating of 3 / 10 to HVBT.
What is the current trend direction of Hive Blockchain Technologies Ltd (HVBT) stock?
The current trend direction for Hive Blockchain Technologies Ltd (HVBT) is Bullish.
Can you provide the RSI signal for Hive Blockchain Technologies Ltd?
Hive Blockchain Technologies Ltd (HVBT) has an RSI value of 49.7567. This indicates that the stock is currently neutral.
What is the short term momentum for Hive Blockchain Technologies Ltd (HVBT) stock?
The short term momentum for Hive Blockchain Technologies Ltd (HVBT) is neutral.
Can you provide the support and resistance levels for Hive Blockchain Technologies Ltd?
Hive Blockchain Technologies Ltd (HVBT) has a support level at 2.99 and a resistance level at 3.07. Check the full technical report for our detailed analysis of HVBT support and resistance levels.