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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)

Showing technical analysis as on 2024-05-09 View latest technical analysis

10 day averaged volume of Hi Tech is 643950

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	122.40	127.90	128.65	121.25	0.558 times
08 Wed May 2024	127.85	126.10	129.45	124.25	0.443 times
07 Tue May 2024	126.05	131.10	131.30	125.00	1.066 times
06 Mon May 2024	131.10	135.10	135.65	130.25	0.694 times
03 Fri May 2024	135.10	133.25	135.95	129.10	1.187 times
02 Thu May 2024	132.50	135.00	136.70	130.95	0.69 times
30 Tue Apr 2024	133.10	128.70	135.00	127.60	2.283 times
29 Mon Apr 2024	128.25	130.90	131.70	128.00	0.755 times
26 Fri Apr 2024	130.05	129.95	131.00	128.40	0.518 times
25 Thu Apr 2024	129.55	128.50	133.30	128.25	1.51 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 122.4, for a target of 126.8 or 130.54

Share price targets for Hi Tech (HITECH)

Target Type	Value
Downside Target	105.65
Downside Target	111.90
Downside Target	121.25
Upside Target	126.10
Upside Target	133.05
Upside Target	136.70
Upside Target	140.80
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	117.22
Downside Intraday Target	112.03
Upside Intraday Target	131.62
Upside Intraday Target	140.83
Upside Intraday Target	126.43

Weekly technical analysis of Hi Tech (HITECH)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	122.40	135.10	135.65	121.25	0.562 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
12 Fri Apr 2024	134.55	139.55	140.80	133.05	0.397 times

Price has moved down 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
09 Thu May 2024	122.40	135.00	136.70	121.25	0.192 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

Scroll below to view daily charts

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)

Price action analysis of Hi Tech ( (HITECH) ) based on a short 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 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 gaining momentum.

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

Hi Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Hi Tech in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 130.44 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.