Technical Analysis for HITI - High Tide Inc.

Grade Last Price % Change Price Change
D 2.15 -2.71% -0.06
HITI closed down 2.71 percent on Monday, July 1, 2024, on 50 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Jul 9
*** please verify all earnings dates ***
1 Watcher
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -2.71%
Lower Bollinger Band Walk Weakness -2.71%
Oversold Stochastic Weakness -2.71%
Lower Bollinger Band Walk Weakness -4.87%
Lower Bollinger Band Touch Weakness -4.87%
Oversold Stochastic Weakness -4.87%
NR7 Range Contraction -1.83%
Lower Bollinger Band Walk Weakness -1.83%
Below Lower BB Weakness -1.83%

   Recent Intraday Alerts

Alert Time
Up 1% about 10 hours ago
60 Minute Opening Range Breakdown 3 days ago
Down 2 % 3 days ago
Down 1% 3 days ago
Rose Above Lower Bollinger Band 4 days ago

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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 2.85
52 Week Low 1.14
Average Volume 663,446
200-Day Moving Average 1.88
50-Day Moving Average 2.32
20-Day Moving Average 2.43
10-Day Moving Average 2.30
Average True Range 0.14
RSI (14) 37.50
ADX 18.5
+DI 19.81
-DI 24.17
Chandelier Exit (Long, 3 ATRs) 2.29
Chandelier Exit (Short, 3 ATRs) 2.57
Upper Bollinger Bands 2.74
Lower Bollinger Band 2.11
Percent B (%b) 0.06
BandWidth 25.88
MACD Line -0.05
MACD Signal Line -0.01
MACD Histogram -0.0441
Fundamentals Value
Market Cap 168.9 Million
Num Shares 78.6 Million
EPS -0.39
Price-to-Earnings (P/E) Ratio -5.51
Price-to-Sales 0.28
Price-to-Book 1.37
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.30
Resistance 3 (R3) 2.31 2.28 2.28
Resistance 2 (R2) 2.28 2.24 2.27 2.27
Resistance 1 (R1) 2.21 2.21 2.20 2.20 2.26
Pivot Point 2.18 2.18 2.17 2.17 2.18
Support 1 (S1) 2.11 2.14 2.10 2.10 2.04
Support 2 (S2) 2.08 2.11 2.07 2.03
Support 3 (S3) 2.01 2.08 2.03
Support 4 (S4) 2.00