RSI low/high Values: [ 25 - 75 ]
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AI Analysis of HUBB
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Hubbell Inc stock price ended at $413.86 on Wednesday, after gaining 0.128%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Dec 21, 2023 Gain 27.52% PDF

The Hubbell Inc stock price gained 0.128% on the last trading day (Wednesday, 27th Mar 2024), rising from $413.33 to $413.86. During the last trading day the stock fluctuated 1.56% from a day low at $409.40 to a day high of $415.79. The price has risen in 7 of the last 10 days and is up by 3.59% over the past 2 weeks. Volume fell on the last day by -178 thousand shares and in total, 257 thousand shares were bought and sold for approximately $106.34 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 31.36% during the next 3 months and, with a 90% probability hold a price between $519.58 and $555.52 at the end of this 3-month period.

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HUBB Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -0.97%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Hubbell Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $410.94 and $382.25. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Hubbell Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $380.67 and $344.31. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Hubbell Inc finds support just below today's level at $380.67. If this is broken, then the next support from accumulated volume will be at $344.31 and $332.56.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $6.39 between high and low, or 1.56%. For the last week, the stock has had daily average volatility of 1.61%.

Our recommended stop-loss: $399.42 (-3.49%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (HUBB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Hubbell Inc to open at $413.02, and during the day (based on 14 day Average True Range), to move between $406.07 and $421.65, which gives a possible trading interval of +/-$7.79 (+/-1.88%) up or down from last closing price. If Hubbell Inc takes out the full calculated possible swing range there will be an estimated 3.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $415.00 (0.28%) than the support at $380.67 (8.02%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Hubbell Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Hubbell Inc stock to perform well in the short-term.

Current score: 2.204 Buy Candidate Unchanged

Predicted Opening Price for Hubbell Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$413.02 ( 0.204%) $413.86

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

Trading levels for HUBB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 419.41 1.34 %
R2 416.97 0.750 %
R1 415.46 0.386 %
Current price: 413.86
Support S1 410.58 -0.793 %
S2 409.07 -1.16 %
S3 406.63 -1.75 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 417.92 0.98 %
R1 415.00 0.275 %
Current price 413.86
Support S1 380.67 -8.02%
S2 344.31 -16.81%
S3 332.56 -19.64%

HUBB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 28, 2024 Feb 28, 2024 Mar 15, 2024 $1.22 0.309%
2 Oct 27, 2023 Nov 29, 2023 Dec 15, 2023 $1.22 0.375%
3 Jul 21, 2023 Aug 30, 2023 Sep 15, 2023 $1.12 0.355%
4 Apr 21, 2023 May 30, 2023 Sep 15, 2023 $1.12 0.355%
5 Jan 27, 2023 Feb 27, 2023 Mar 15, 2023 $1.12 0.478%

FAQ

What is the symbol for Hubbell Inc Stock and on which exchange is it traded?
The symbol for Hubbell Inc is HUBB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Hubbell Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Hubbell Inc stock to perform well in the short-term.

How to buy Hubbell Inc Stock?
Hubbell Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Hubbell Inc Stock.

What's the current price of Hubbell Inc Stock?
As of the end of day on the 2024-03-27, the price of an Hubbell Inc (HUBB) share was $413.86.

What is the 52-week high and low for Hubbell Inc Stock?
The 52-week high for Hubbell Inc Stock is $419.65 and the 52-week low is $219.77.

What is the market capitalization of Hubbell Inc Stock?
As of the 2024-03-27, the market capitalization of Hubbell Inc is 22.194B.

When is the next earnings date for Hubbell Inc?
The upcoming earnings date for Hubbell Inc is Apr 23, 2024.
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