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(HITECH) Hi Tech complete technical analysis [charts+indicators] | Buy/Sell Hi Tech | (HITECH) share price targets

Complete technical analysis of Hi Tech (HITECH) by charts plus indicators, forecast predictions and share price targets for Hi Tech (HITECH)

10 day averaged volume of Hi Tech is 435699

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 125.10 123.10 126.00 123.10 0.757 times
16 Thu May 2024 122.70 124.70 125.35 122.00 0.576 times
15 Wed May 2024 124.40 129.40 129.80 124.10 0.942 times
14 Tue May 2024 128.10 125.65 129.20 125.15 0.671 times
13 Mon May 2024 125.00 119.00 125.45 116.30 2.072 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 124.7 as stoploss in an intra day buy trade for a target of 128.03. However, stock will show a bearish move below 124.7.

Share price targets for Hi Tech (HITECH)

Target Type Value
Downside Target 105.65
Downside Target 111.90
Downside Target 116.30
Downside Target 120.80
Upside Target 126.10
Upside Target 134.15
Upside Target 135.65
Upside Target 136.70
Upside Target 146.80
Upside Target 155.50
Upside Target 157.30
Upside Target 170.00

Intraday share price targets for Hi Tech (HITECH)

Target Type Value
Downside Intraday Target 117.67
Downside Intraday Target 110.23
Upside Intraday Target 131.17
Upside Intraday Target 137.23
Downside Intraday Target 123.73

Weekly technical analysis of Hi Tech (HITECH)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 125.10 119.00 129.80 116.30 1.007 times
10 Fri May 2024 124.55 135.10 135.65 120.80 0.686 times
03 Fri May 2024 135.10 130.90 136.70 127.60 1.06 times
26 Fri Apr 2024 130.05 135.00 135.60 127.20 1.209 times
19 Fri Apr 2024 130.20 126.10 134.75 126.10 1.065 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Hi Tech (HITECH)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 125.10 135.00 136.70 116.30 0.357 times
30 Tue Apr 2024 133.10 143.10 146.80 126.10 0.459 times
28 Thu Mar 2024 139.75 150.45 157.30 105.65 0.905 times
29 Thu Feb 2024 150.00 146.90 170.00 134.15 0.621 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Hi Tech (HITECH)

Indicator Name Indicator Value Indicator Signal
ADX 13, 24, 28 Sell
MACD -4, -4Sell
Stochastics 39None
CCI -37Buy
RSI 46Sell
OBV 1979034Sell
VWAP 126Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Hi Tech ( (HITECH) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hi Tech ( (HITECH) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Hi Tech ( (HITECH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hi Tech ( (HITECH) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Hi Tech stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Hi Tech in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Hi Tech Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Hi Tech in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Hi Tech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 125.75 and Hi Tech (HITECH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Hi Tech (HITECH) stock. Volume based technical analysis of Hi Tech (HITECH) stock is negative.

Hi Tech Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Hi Tech charts

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