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Re: iancnyc post# 724

Saturday, 01/30/2021 11:17:22 AM

Saturday, January 30, 2021 11:17:22 AM

Post# of 2091

High Tide Inc Stock Forecast PINK:HITIF

$0.40 +0.01 (3.08%) At 04:00 PM, 29 Jan 2021

www.stockinvestus.com

https://stockinvest.us/stock/HITIF

Score: 0.54

Which way will HITIF go?
Oct 30
Nov 13
Nov 30
Dec 14
Dec 29
Jan 13
Jan 28
0.10
0.15
0.20
0.25
0.30
0.35
0.40
0.45
0.50
0.55
0.53
Jan 29, 2021
Price: 0.40
Mv 7: 0.42
Mv 35: 0.24
Prediction: No data
Score: 0.54

HITIF Stock Risk

This stock may move very much during a day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.07 between high and low, or 18.42%. For the last week, the stock has had a daily average volatility of 23.91%.

Our recommended stop-loss: $0.38 (-5.14%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 3 day(s) ago.)

Overall risk:

Very Low Low Medium High Very High

Oct 30
Nov 6
Nov 13
Nov 20
Nov 30
Dec 7
Dec 14
Dec 21
Dec 29
Jan 6
Jan 13
Jan 21
Jan 28
67
73
94
47
45
67
75
25

RSI: 14 = 68

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

RSImin/max Values: [ 25 - 75 ]

RSI14 is 68 and the stock is currently not being overbought or oversold

Big movements in High Tide Inc stock price on Friday moving 18.42% between high and low (Updated on January 29, 2021)

Buy or Hold candidate since 2020-12-08 Gain 193.45% PDF

The High Tide Inc stock price gained 3.08% on the last trading day (Friday, 29th Jan 2021), rising from $0.39 to $0.40. During the day the stock fluctuated 18.42% from a day low at $0.38 to a day high of $0.45. The price has risen in 7 of the last 10 days and is up by 94.54% over the past 2 weeks. Volume fell on the last day by -4 million shares and in total, 4 million shares were bought and sold for approximately $1.67 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 82.96% during the next 3 months and, with a 90% probability hold a price between $0.45 and $0.99 at the end of this 3-month period.

Signals & Forecast

The High Tide Inc stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

On further gains, the stock will meet resistance from the short-term moving average at approximately $0.42. On a fall, the stock will find some support from the long-term average at approximately $0.24. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, January 26, 2021, and so far it has fallen -24.75%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss

High Tide Inc finds support from accumulated volume at $0.39 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during a day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.07 between high and low, or 18.42%. For the last week, the stock has had a daily average volatility of 23.91%.

Our recommended stop-loss: $0.38 (-5.14%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 3 day(s) ago.)

Is High Tide Inc stock A Buy?

High Tide Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy Candidate to a Hold/Accumulate candidate.

Current score: 0.540

Predicted Opening Price for High Tide Inc of Monday, February 1, 2021
The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price February 1, 2021 Current price
$0.41 $0.40 (Undervalued)

Volatility
23.91 %
Daily Average Volatility
Overall Risk
Very High
High
Medium
Low
Very Low

Support & Resistance
Resistance: $0.44
Price: $0.40
Support: $0.39

Today HITIF ranks #4972 as hold CANDIDATE

Trading levels for HITIF

Fibonacci Support & Resistance Levels
Level Price Change
Resistance 0.48 20.26 %
0.45 13.56 %
0.44 9.41 %
Current price: 0.40
Support 0.38 -4.00 %
0.37 -8.14 %
0.34 -14.84 %
Accumulated Volume Support & Resistance Levels
Level Price Chg %
Resistance 0 .
0.47 18.93 %
0.44 10.33 %
Current price 0.40
Support 0.39 -2.98%
0.33 -16.50%
0.30 -24.12%


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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