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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 2024-05-16 View latest technical analysis

10 day averaged volume of Hi Tech is 498501

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	122.70	124.70	125.35	122.00	0.504 times
15 Wed May 2024	124.40	129.40	129.80	124.10	0.824 times
14 Tue May 2024	128.10	125.65	129.20	125.15	0.587 times
13 Mon May 2024	125.00	119.00	125.45	116.30	1.811 times
10 Fri May 2024	124.55	123.90	128.00	120.80	0.786 times
09 Thu May 2024	122.40	127.90	128.65	121.25	0.721 times
08 Wed May 2024	127.85	126.10	129.45	124.25	0.572 times
07 Tue May 2024	126.05	131.10	131.30	125.00	1.377 times
06 Mon May 2024	131.10	135.10	135.65	130.25	0.897 times
03 Fri May 2024	135.10	133.25	135.95	129.10	1.534 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 125, but if it comes above 125, then a intra day buy could be more profitable.
If you take a sell trade below 125, then use 125 as stoploss and 121 as target. However if you take a buy trade in stock , then use 125 as stoploss and 128.28 as target.

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	116.07
Downside Intraday Target	109.43
Upside Intraday Target	129.57
Upside Intraday Target	136.43
Upside Intraday Target	122.93

Weekly technical analysis of Hi Tech (HITECH)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	122.70	119.00	129.80	116.30	0.856 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 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
16 Thu May 2024	122.70	135.00	136.70	116.30	0.336 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Hi Tech ( (HITECH) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 below the red 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 but selling is losing 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 127.29 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.