Technical Analysis for HITI - High Tide Inc.

Grade Last Price % Change Price Change
C 2.66 -0.37% -0.01
HITI closed down 0.37 percent on Wednesday, November 20, 2024, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Doji - Bearish? Reversal 0.00%
180 Bullish Setup Bullish Swing Setup -0.37%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 3.50%
NR7 Range Contraction 3.50%
Narrow Range Bar Range Contraction 3.50%
Down 3 Days in a Row Weakness 3.50%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%

   Recent Intraday Alerts

Alert Time
20 DMA Resistance about 19 hours ago
Up 3% about 21 hours ago
Up 2% about 21 hours ago
Up 1% about 21 hours ago
10 DMA Support about 21 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

High Tide Inc. Description

High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the most profitable Canadian retailer of recreational cannabis as measured by Adjusted EBIDTA1, with 88 current locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide's retail segment features the Canna Cabana, KushBar, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its numerous consumption accessory businesses including e-commerce platforms Grasscity.com, Smokecartel.com, CBDcity.com, FABCBD.com and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Tilray Inc. (TSX:TLRY) (NYSE:TLRY) and Aurora Cannabis Inc. (TSX:ACB). (NYSE:ACB).


Classification

Sector: Healthcare
Industry: Pharmaceutical Retailers
Keywords: Medicine Health Sciences Cannabis Medicinal Plants Herbalism Medical Cannabis E Commerce Platforms

Is HITI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.12
52 Week Low 1.36
Average Volume 756,685
200-Day Moving Average 2.17
50-Day Moving Average 2.48
20-Day Moving Average 2.78
10-Day Moving Average 2.67
Average True Range 0.16
RSI (14) 50.25
ADX 20.23
+DI 25.17
-DI 20.67
Chandelier Exit (Long, 3 ATRs) 2.63
Chandelier Exit (Short, 3 ATRs) 2.96
Upper Bollinger Bands 3.06
Lower Bollinger Band 2.51
Percent B (%b) 0.28
BandWidth 19.91
MACD Line 0.03
MACD Signal Line 0.07
MACD Histogram -0.0413
Fundamentals Value
Market Cap 208.96 Million
Num Shares 78.6 Million
EPS -0.39
Price-to-Earnings (P/E) Ratio -6.82
Price-to-Sales 0.28
Price-to-Book 1.37
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.89
Resistance 3 (R3) 2.90 2.85 2.85
Resistance 2 (R2) 2.85 2.79 2.84 2.83
Resistance 1 (R1) 2.75 2.75 2.80 2.74 2.82
Pivot Point 2.70 2.70 2.72 2.69 2.70
Support 1 (S1) 2.60 2.64 2.65 2.59 2.50
Support 2 (S2) 2.55 2.60 2.54 2.49
Support 3 (S3) 2.45 2.55 2.47
Support 4 (S4) 2.44