H B Fuller Company Stock Forecast

H B Fuller Company stock price up 0.746% on Friday
(Updated on Apr 26, 2024)

FUL Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 0.746%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The H B Fuller Company stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $75.53 and $78.10. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for H B Fuller Company stock

H B Fuller Company finds support from accumulated volume at $73.68 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.24 (1.69%) between high and low. For the last week, the stock has had daily average volatility of 1.68%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FUL) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect H B Fuller Company to open at $74.28, and during the day (based on 14 day Average True Range), to move between $72.78 and $75.68, which gives a possible trading interval of +/-$1.45 (+/-1.96%) up or down from last closing price. If H B Fuller Company takes out the full calculated possible swing range there will be an estimated 3.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $73.68 (0.74%) than the resistance at $76.33 (2.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is H B Fuller Company stock A Buy?

H B Fuller Company holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.919 Sell Candidate Unchanged

Predicted Opening Price for H B Fuller Company of Monday, April 29, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.