Technical Analysis for HITI - High Tide Inc.
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | Up | Up | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Outside Day | Range Expansion | 0.00% | |
Wide Bands | Range Expansion | 0.00% | |
1,2,3 Pullback Bullish | Bullish Swing Setup | 1.42% | |
Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 1.42% | |
NR7 | Range Contraction | 1.42% | |
NR7-2 | Range Contraction | 1.42% | |
Wide Bands | Range Expansion | 1.42% | |
Down 3 Days in a Row | Weakness | 1.42% | |
Down 4 Days in a Row | Weakness | 1.42% | |
NR7 | Range Contraction | -0.35% |
Alert | Time |
---|---|
Rose Above 10 DMA | 1 day ago |
Non-ADX 1,2,3,4 Pullback Entry | 1 day ago |
1,2,3, Pullback Entry | 1 day ago |
Rose Above Previous Day's High | 1 day ago |
Outside Day | 1 day ago |
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- Earnings date: 09/12/2024
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
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 3.12 |
52 Week Low | 1.14 |
Average Volume | 610,918 |
200-Day Moving Average | 2.12 |
50-Day Moving Average | 2.30 |
20-Day Moving Average | 2.64 |
10-Day Moving Average | 2.90 |
Average True Range | 0.16 |
RSI (14) | 64.16 |
ADX | 39.69 |
+DI | 30.33 |
-DI | 14.57 |
Chandelier Exit (Long, 3 ATRs) | 2.65 |
Chandelier Exit (Short, 3 ATRs) | 2.61 |
Upper Bollinger Bands | 3.22 |
Lower Bollinger Band | 2.06 |
Percent B (%b) | 0.69 |
BandWidth | 44.19 |
MACD Line | 0.19 |
MACD Signal Line | 0.19 |
MACD Histogram | 0.0025 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 3.06 | ||||
Resistance 3 (R3) | 3.06 | 3.00 | 3.02 | ||
Resistance 2 (R2) | 3.00 | 2.95 | 3.00 | 3.01 | |
Resistance 1 (R1) | 2.93 | 2.92 | 2.97 | 2.93 | 3.00 |
Pivot Point | 2.87 | 2.87 | 2.89 | 2.87 | 2.87 |
Support 1 (S1) | 2.80 | 2.82 | 2.83 | 2.79 | 2.72 |
Support 2 (S2) | 2.74 | 2.79 | 2.74 | 2.71 | |
Support 3 (S3) | 2.67 | 2.74 | 2.70 | ||
Support 4 (S4) | 2.66 |