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HITI Stock High Tide (HITI, $2.19) Moving Average Convergence Divergence (MACD) Histogram turned positive on October 2, 2024

A.I.dvisor
at Tickeron.com
10/03/24
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HITI - High Tide
MACD signal
Bullish Trend
Odds of UP Trend
MACD signal
Price: $2.19
Daily change: -$0.02 (-0.9%)
Daily volume: 794.5K
Industry: Drugstore Chains
This is a Bullish indicator signaling HITI's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 51 similar cases where HITI's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:

HITI's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for HITI turned positive on October 02, 2024. Looking at past instances where HITI's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 01, 2024. You may want to consider a long position or call options on HITI as a result. In of 119 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

HITI moved above its 50-day moving average on September 27, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HITI advanced for three days, in of 223 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 200 cases where HITI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for HITI moved out of overbought territory on October 08, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 similar instances where the indicator moved out of overbought territory. In of the 24 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HITI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HITI broke above its upper Bollinger Band on October 04, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 69%.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.581) is normal, around the industry mean (5.704). P/E Ratio (0.000) is within average values for comparable stocks, (172.042). HITI's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.915). Dividend Yield (0.000) settles around the average of (0.050) among similar stocks. P/S Ratio (0.402) is also within normal values, averaging (0.765).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HITI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HITI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.

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HITI
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General Information

Industry DrugstoreChains

Profile
Fundamentals
Details
Industry
N/A
Address
11127 - 15 Street NE
Phone
+1 403 265-4207
Employees
1550
Web
https://www.hightideinc.com