Technical Analysis for HIVE - Hive Blockchain Technologies Ltd

Grade Last Price % Change Price Change
C 3.78 -5.50% -0.220
HIVE closed down 8.68 percent on Friday, December 3, 2021, on approximately normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical HIVE trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish -5.50%
Lower Bollinger Band Walk Weakness -5.50%
Wide Bands Range Expansion -5.50%
Below Lower BB Weakness -5.50%
Down 3 Days in a Row Weakness -5.50%
Down 4 Days in a Row Weakness -5.50%
Lower Bollinger Band Touch Weakness -5.50%
Oversold Stochastic Weakness -5.50%
Fell Below 50 DMA Bearish -13.70%
MACD Bearish Centerline Cross Bearish -13.70%
Older End-of-Day Signals for HIVE ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Gapped Down (Full) about 4 hours ago
Down 1 ATR about 4 hours ago
Fell Below Previous Day's Low about 4 hours ago
Down 5% about 4 hours ago
Down 3% about 4 hours ago
View Earlier Intraday Alerts

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Profile

HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) is building a bridge from the blockchain sector to traditional capital markets. HIVE is strategically partnered with Genesis Mining Ltd., the world’s leading cryptocurrency mining hashrate provider, to build the next generation of blockchain infrastructure. HIVE owns a state-of-the-art GPU-based cryptocurrency mining facility in Iceland, completed in May 2017, which produces mined cryptocurrency like Ethereum around the clock. HIVE has an option to acquire four additional facilities in Iceland or Sweden from Genesis. Genesis supports HIVE with data centre infrastructure know-how and is HIVE’s largest shareholder.
Classification

Sector: Financial Services
Industry: Capital Markets
Keywords: Mining Infrastructure Currency Computing Cryptocurrencies Blockchain Tradition Financial Technology Decentralization Capital Market Capital Markets Genes Blockchains Hiv Alternative Currencies Ethereum Blockchain Technologies Iceland Cryptocurrency Mining

Is HIVE 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 7.25
52 Week Low 1.24
Average Volume 3,412,506
200-Day Moving Average 4.014
50-Day Moving Average 4.527
20-Day Moving Average 5.031
10-Day Moving Average 4.766
Average True Range 0.443
ADX 26.35
+DI 17.898
-DI 24.754
Chandelier Exit (Long, 3 ATRs) 5.242
Chandelier Exit (Short, 3 ATRs) 5.198
Upper Bollinger Bands 5.851
Lower Bollinger Band 4.211
Percent B (%b) -0.13
BandWidth 32.582
MACD Line -0.074
MACD Signal Line 0.078
MACD Histogram -0.1517
Fundamentals Value
Market Cap 1.38 Billion
Num Shares 346 Million
EPS 0.05
Price-to-Earnings (P/E) Ratio 88.89
Price-to-Sales 9.88
Price-to-Book 9.73
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.840
Resistance 3 (R3) 4.890 4.660 4.700
Resistance 2 (R2) 4.660 4.446 4.635 4.653
Resistance 1 (R1) 4.330 4.314 4.215 4.280 4.607
Pivot Point 4.100 4.100 4.043 4.075 4.100
Support 1 (S1) 3.770 3.886 3.655 3.720 3.393
Support 2 (S2) 3.540 3.754 3.515 3.347
Support 3 (S3) 3.210 3.540 3.300
Support 4 (S4) 3.160