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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 2024-06-06 View latest technical analysis

10 day averaged volume of Hi Tech is 612056

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	117.65	113.70	119.70	113.55	0.771 times
05 Wed Jun 2024	112.50	115.35	116.30	105.75	1.265 times
04 Tue Jun 2024	112.00	123.35	123.80	102.80	1.701 times
03 Mon Jun 2024	123.35	124.60	128.00	122.80	0.597 times
31 Fri May 2024	121.90	122.25	123.20	120.10	0.42 times
30 Thu May 2024	121.70	124.35	124.70	121.00	0.514 times
29 Wed May 2024	123.90	124.05	124.95	123.20	0.266 times
28 Tue May 2024	125.30	125.50	127.85	124.35	0.434 times
27 Mon May 2024	125.10	131.35	131.40	124.40	1.144 times
24 Fri May 2024	131.00	126.75	134.50	126.60	3.012 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 118.8, but if it comes above 118.8, then a intra day buy could be more profitable.
If you take a sell trade below 118.8, then use 118.8 as stoploss and 113.5 as target. However if you take a buy trade in stock , then use 118.8 as stoploss and 123.31 as target.

Share price targets for Hi Tech (HITECH)

Target Type	Value
Downside Target	102.80
Downside Target	105.65
Downside Target	116.30
Upside Target	120.10
Upside Target	126.10
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	104.3
Downside Intraday Target	90.95
Upside Intraday Target	129.5
Upside Intraday Target	141.35
Downside Intraday Target	116.15

Weekly technical analysis of Hi Tech (HITECH)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	117.65	124.60	128.00	102.80	1.559 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Hi Tech (HITECH)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	117.65	124.60	128.00	102.80	0.258 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 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 losing 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 weakening, and bulls are picking up momentum!

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 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 122.08 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.