Technical Analysis for HITI - High Tide Inc.

Grade Last Price % Change Price Change
D 1.72 -5.49% -0.10
HITI closed down 5.49 percent on Monday, March 18, 2024, on 2.53 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Earnings Movers Other 0.00%
Inside Day Range Contraction 0.00%
Crossed Above 20 DMA Bullish -5.49%
Crossed Above 50 DMA Bullish -5.49%
MACD Bullish Signal Line Cross Bullish -5.49%
Expansion Pivot Buy Setup Bullish Swing Setup -5.49%
Pocket Pivot Bullish Swing Setup -5.49%
Volume Surge Other -5.49%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 10 hours ago
20 DMA Support about 14 hours ago
60 Minute Opening Range Breakdown about 14 hours ago
Down 5% about 14 hours ago
Fell Below 50 DMA about 14 hours 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 2.3
52 Week Low 1.065
Average Volume 290,676
200-Day Moving Average 1.53
50-Day Moving Average 1.78
20-Day Moving Average 1.72
10-Day Moving Average 1.69
Average True Range 0.10
RSI (14) 48.98
ADX 14.94
+DI 20.73
-DI 16.86
Chandelier Exit (Long, 3 ATRs) 1.64
Chandelier Exit (Short, 3 ATRs) 1.87
Upper Bollinger Bands 1.84
Lower Bollinger Band 1.61
Percent B (%b) 0.48
BandWidth 13.50
MACD Line -0.02
MACD Signal Line -0.02
MACD Histogram 0.0056
Fundamentals Value
Market Cap 135.12 Million
Num Shares 78.6 Million
EPS -0.39
Price-to-Earnings (P/E) Ratio -4.41
Price-to-Sales 0.28
Price-to-Book 1.37
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.88
Resistance 3 (R3) 1.90 1.86 1.86
Resistance 2 (R2) 1.86 1.82 1.85 1.85
Resistance 1 (R1) 1.79 1.79 1.77 1.77 1.84
Pivot Point 1.75 1.75 1.74 1.74 1.75
Support 1 (S1) 1.68 1.71 1.66 1.67 1.60
Support 2 (S2) 1.64 1.68 1.63 1.59
Support 3 (S3) 1.57 1.64 1.58
Support 4 (S4) 1.56