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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Hitek Global Inc. - Class A Ordinary Share (NASDAQ:HKIT)
Countertrend Up (+85) - HKIT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid HKIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HKIT
The long-term trend has been UP since Feb 8th, 2024 at 1.44
The intermediate-term trend has been UP since Apr 29th, 2024 at 1.60
The short-term trend has been DOWN since May 3rd, 2024 at 1.37
Smart Scan Analysis for HKIT
Based on our trend formula, HKIT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3200 | 1.4400 | 1.3500 | 1.3793 | +0.0393 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3400 | 39176 | 2024-05-08 15:42:50 |
| 52wk High | 39.7962 | 52wk High Date | 2023-08-24 |
| 52wk Low | 0.543301 | 52wk Low Date | 2024-01-29 |
| Average Volume | 213,671 | Assets | 35,428,040M |
| Liabilities | 7,090,454M |