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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 2024-05-30 View latest technical analysis

10 day averaged volume of Hi Tech is 474273

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	121.70	124.35	124.70	121.00	0.664 times
29 Wed May 2024	123.90	124.05	124.95	123.20	0.344 times
28 Tue May 2024	125.30	125.50	127.85	124.35	0.561 times
27 Mon May 2024	125.10	131.35	131.40	124.40	1.476 times
24 Fri May 2024	131.00	126.75	134.50	126.60	3.887 times
23 Thu May 2024	125.80	124.00	128.00	123.80	0.834 times
22 Wed May 2024	124.20	124.50	125.80	122.70	0.729 times
21 Tue May 2024	125.55	126.90	127.40	123.55	0.748 times
18 Sat May 2024	126.35	125.45	127.45	122.50	0.197 times
17 Fri May 2024	125.10	123.10	126.00	123.10	0.695 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122.9, but if it comes above 122.9, then a intra day buy could be more profitable.
If you take a sell trade below 122.9, then use 122.9 as stoploss and 119.1 as target. However if you take a buy trade in stock , then use 122.9 as stoploss and 126.06 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	118
Downside Intraday Target	114.3
Upside Intraday Target	128.4
Upside Intraday Target	135.1
Upside Intraday Target	124.7

Weekly technical analysis of Hi Tech (HITECH)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	121.70	131.35	131.40	121.00	0.491 times
24 Fri May 2024	131.00	126.90	134.50	122.70	1.289 times
18 Sat May 2024	126.35	119.00	129.80	116.30	1.051 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

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
30 Thu May 2024	121.70	135.00	136.70	116.30	0.645 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

ADX buy sell signal for Hi Tech stock for short term is SELL. Signal strength is Weak 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 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

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 127.16 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.