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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 2024-06-03 View latest technical analysis

10 day averaged volume of Hi Tech is 473384

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	123.35	124.60	128.00	122.80	0.772 times
31 Fri May 2024	121.90	122.25	123.20	120.10	0.544 times
30 Thu May 2024	121.70	124.35	124.70	121.00	0.665 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	0.562 times
27 Mon May 2024	125.10	131.35	131.40	124.40	1.479 times
24 Fri May 2024	131.00	126.75	134.50	126.60	3.894 times
23 Thu May 2024	125.80	124.00	128.00	123.80	0.836 times
22 Wed May 2024	124.20	124.50	125.80	122.70	0.73 times
21 Tue May 2024	125.55	126.90	127.40	123.55	0.749 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 122.8 as stoploss in an intra day buy trade for a target of 125.02. However, stock will show a bearish move below 122.8.

Share price targets for Hi Tech (HITECH)

Target Type	Value
Downside Target	105.65
Downside Target	116.30
Downside Target	120.10
Upside Target	126.10
Upside Target	131.40
Upside Target	134.15
Upside Target	134.50
Upside Target	135.65
Upside Target	136.70
Upside Target	146.80
Upside Target	157.30
Upside Target	170.00

Intraday share price targets for Hi Tech (HITECH)

Target Type	Value
Downside Intraday Target	121.43
Downside Intraday Target	119.52
Upside Intraday Target	126.63
Upside Intraday Target	129.92
Upside Intraday Target	124.72

Weekly technical analysis of Hi Tech (HITECH)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	123.35	124.60	128.00	122.80	0.215 times
31 Fri May 2024	121.90	131.35	131.40	120.10	0.579 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

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
03 Mon Jun 2024	123.35	124.60	128.00	122.80	0.035 times
31 Fri May 2024	121.90	135.00	136.70	116.30	0.661 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 mid to longer 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.

ADX buy sell signal for Hi Tech stock for short term is BUY. 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.

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

Hi Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 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 126.76 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.