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(HITECHGEAR_BE) Hi Tech complete technical analysis [charts+indicators] | Buy/Sell Hi Tech | (HITECHGEAR_BE) share price targets

Complete technical analysis of Hi Tech (HITECHGEAR_BE) by charts plus indicators, forecast predictions and share price targets for Hi Tech (HITECHGEAR_BE)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Hi Tech is 11831

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	966.95	1014.00	1014.00	955.10	1.381 times
30 Thu May 2024	996.40	1010.00	1039.30	990.00	0.714 times
29 Wed May 2024	1011.60	1028.80	1055.00	995.00	0.872 times
28 Tue May 2024	1028.80	1040.05	1069.95	1016.00	1.205 times
27 Mon May 2024	1050.20	1100.00	1100.00	1037.20	1.4 times
24 Fri May 2024	1091.75	1137.00	1144.85	1080.00	0.755 times
23 Thu May 2024	1120.45	1130.00	1148.00	1110.00	0.547 times
22 Wed May 2024	1122.60	1158.00	1158.00	1110.00	1.017 times
21 Tue May 2024	1134.75	1157.70	1190.00	1120.00	1.39 times
18 Sat May 2024	1157.70	1139.00	1186.00	1110.00	0.622 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 995.6, but if it comes above 995.6, then a intra day buy could be more profitable.
If you take a sell trade below 995.6, then use 995.6 as stoploss and 920.3 as target. However if you take a buy trade in stock , then use 995.6 as stoploss and 1058.36 as target.

Share price targets for Hi Tech (HITECHGEAR_BE)

Target Type	Value
Downside Target	138.50
Downside Target	153.20
Downside Target	165.00
Downside Target	176.85
Downside Target	191.00
Downside Target	940.00
Upside Target	1047.45
Upside Target	1125.00
Upside Target	1159.00
Upside Target	1186.00
Upside Target	1190.00
Upside Target	1199.40

Intraday share price targets for Hi Tech (HITECHGEAR_BE)

Target Type	Value
Downside Intraday Target	914.7
Downside Intraday Target	862.45
Upside Intraday Target	1059.6
Upside Intraday Target	1152.25
Upside Intraday Target	1007.35

Weekly technical analysis of Hi Tech (HITECHGEAR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	966.95	1100.00	1100.00	955.10	1.502 times
24 Fri May 2024	1091.75	1157.70	1190.00	1080.00	0.544 times
18 Sat May 2024	1157.70	1006.80	1186.00	960.00	0.797 times
10 Fri May 2024	978.25	1090.05	1125.00	940.00	0.968 times
03 Fri May 2024	1094.30	1154.95	1159.00	1060.00	0.893 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 (HITECHGEAR_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	966.95	1120.35	1190.00	940.00	2.116 times
30 Tue Apr 2024	1067.00	1102.55	1199.40	1047.45	73.9 times
01 Mon Feb 2021	174.30	166.25	176.85	166.00	0.016 times
29 Fri Jan 2021	170.70	153.20	191.00	153.20	0.993 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Hi Tech (HITECHGEAR_BE)

Price action analysis of Hi Tech ( (HITECHGEAR_BE) ) 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 ( (HITECHGEAR_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hi Tech ( (HITECHGEAR_BE) ) 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 Weak and stock is gaining momentum.

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

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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1061.81 and Hi Tech (HITECHGEAR_BE) 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 (HITECHGEAR_BE) stock. Volume based technical analysis of Hi Tech (HITECHGEAR_BE) stock is negative.

Hi Tech Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.