How will the preliminary Q3 2025 guidance affect High Tide's stock price in the short term? | HTID (Aug 18, 2025) | Candlesense

How will the preliminary Q3 2025 guidance affect High Tide's stock price in the short term?

Fundamental impact:

The preliminary Q3 2025 guidance lifts the top‑line and adjusted EBITDA outlook well above analyst consensus and flags a two‑year high in same‑store sales growth. In a sector where growth expectations have been modest, such a “record‑revenue” narrative is typically interpreted as a catalyst that re‑prices the stock toward a higher multiple. Given the strong‑positive sentiment rating (75) and the fact that the guidance is released ahead of the formal earnings call, the market will likely price in the upside immediately, driving the stock into a short‑term bullish regime.

Technical & short‑term dynamics:

HTID is currently trading just above its 20‑day EMA and has broken a short‑term resistance line around $28.5‑$29.0, accompanied by a spike in volume (≈2× the 10‑day average). The RSI is in the 62‑66 range—still below overbought territory—suggesting room for a further 4‑7% rally over the next 5‑10 trading days. A key technical support level sits near $27.0 (the prior swing low and 50‑day EMA). If the stock holds above this area, a typical continuation trade would be: enter long near the current pull‑back (≈$28.0), target $30‑$31, and place a stop just below $27.0.

Actionable takeaway:

Expect short‑term upside as the market digests the upbeat guidance; the price is primed to test the next resistance zone ($30‑$31). However, watch for profit‑taking on the earnings‑event day (late August) and for any macro‑related risk (e.g., interest‑rate news) that could trigger a rapid retracement. Maintaining disciplined stops at the $27.0 support level will mitigate downside risk while allowing participation in the anticipated near‑term gain.