The chart of HIMS reflects a shift from quarterly correction to short-term bullish momentum. Over the last quarter, shares corrected sharply from highs near 70 USD, forming a double bottom reversal around 13-14 USD before breaking out of a descending channel. This pattern, highlighted in trader analyses, signals potential trend continuation higher. In the past 30 days, price has surged 35.91%, with a high tight flag formation targeting 31 USD and cup-and-handle retests confirming bullish structure. The 1-month gain of 33.66% underscores accelerating upside, though year-to-date remains down 12.94% amid broader volatility.
Traders eye 25.40 USD as immediate support, aligning with recent session lows and pivot S1 at 26.58 USD. Deeper support clusters at 24.00-25.00 USD from trendlines and prior accumulated volume. Resistance emerges at 27.50 USD, a widely noted strong barrier post-channel breakout, followed by 28.50 USD and prior highs near 31 USD. Pivot R1 sits at 27.38 USD, with classic R3 at 28.18 USD. The 52-week low of 13.74 USD marks major downside liquidity, while highs at 70.43 USD define overhead supply.
All major moving averages flash buy signals, with 12 buys and zero sells. Price trades above the MA5 (26.85 USD), MA20 (26.32 USD), MA50 (26.64 USD), MA100 (27.78 USD), and MA200 (24.73 USD), confirming uptrend strength. Exponential MAs similarly support bullish bias, with short-term EMAs like 10-day at 26.68 USD providing dynamic support. The reclaim of the weekly 21 MA adds confluence for continuation.
RSI(14) at 68.61 suggests buy momentum nearing overbought thresholds, with STOCHRSI(14) at 100 and Williams %R at -7.803 confirming short-term strength. MACD(12,26) at 0.11 generates a buy, backed by ADX(14) at 29.38 indicating trend presence. CCI(14) at 271 signals overbought conditions, warranting caution on pullbacks, while ROC at 5.17% reinforces positive price action.
Recent sessions saw volume spike to 25.97M shares, 68% above the 65-day average of 38.29M, accompanying the 10.21% advance to 28.27 USD. Elevated activity during breakouts from double bottoms and channel patterns indicates conviction, with short interest at 33.82% of float adding squeeze potential amid rising price.
Tickeron’s AI Daily Buy/Sell Signals leverage artificial intelligence to scrutinize vast market data, technical indicators, and price patterns, generating actionable buy or sell signals for stocks like HIMS. These signals draw from trend recognition, historical pattern matching, and momentum analysis to pinpoint potential entry and exit points. Traders rely on them to validate breakouts, gauge trend strength, and refine decision-making amid volatility. By automating complex chart interpretations, the AI provides timely insights that complement manual analysis. Explore the AI Daily Buy/Sell Signals to enhance your trading edge on HIMS.
Traders monitor for sustained holds above 26.00 USD support to target 27.50-28.50 USD resistance, with a decisive break potentially eyeing 31-32 USD amid flag and channel projections. Pullbacks to 25.40 USD or pivot zones could offer re-entry if volume holds. Watch RSI for overbought divergence and MACD for momentum shifts, alongside volume confirmation on any channel retest. Broader 52-week structure suggests liquidity hunts below 24 USD on weakness, while upside clears prior October highs.
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full Disclaimers and Limitations.
A.I.dvisor tells us that HIMS and COTY have been poorly correlated (+31% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that HIMS and COTY's prices will move in lockstep.
| Ticker / NAME | Correlation To HIMS | 1D Price Change % | ||
|---|---|---|---|---|
| HIMS | 100% | N/A | ||
| COTY - HIMS | 31% Poorly correlated | -5.00% | ||
| IPAR - HIMS | 24% Poorly correlated | -3.76% | ||
| HNST - HIMS | 23% Poorly correlated | -1.78% | ||
| NBIX - HIMS | 23% Poorly correlated | +6.59% | ||
| ALKS - HIMS | 22% Poorly correlated | +3.48% | ||
More | ||||
| Ticker / NAME | Correlation To HIMS | 1D Price Change % |
|---|---|---|
| HIMS | 100% | N/A |
| Pharmaceuticals: Generic industry (83 stocks) | 32% Poorly correlated | -0.18% |
| Pharmaceuticals industry (159 stocks) | 20% Poorly correlated | -0.13% |