Health Insurance Innovations (HIIQ) breaks through resistance

Health insurance broker Health Insurance Innovations (Nasdaq: HIIQ) experienced a tremendous run from the fourth quarter of 2016 through the third quarter of 2018. The stock rallied from the $5 range to an all-time high of $63.13 during this run. HIIQ fell in the fourth quarter and temporarily dipped below its 104-week moving average. It has since bounced back and has broken through several layers of resistance during the bounce.

The stock moved back above its 104-week and 52-week moving averages. It also moved back above the $35 level. That area served as resistance in 2017 and again in the first half of 2018 before finally breaking through in July.

In addition to the technical picture, the company’s fundamentals are strong. Earnings have grown at an annual rate of 187% per year over the last three years. Sales have grown at an annualized rate of 44% per year during that same time period. HIIQ also sports a return on equity of 41.1% and a profit margin of 17.5%. It’s also worth noting that the company has zero long-term debt. HIIQ is set to release earnings on February 26.

The Tickeron AI Prediction tool generated a bullish signal on HIIQ a few days ago with a 68% confidence level of a 2% gain over the next week. Past predictions for the stock have been accurate 84% of the time.

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Harry Richardson|Expert

Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.