Hilton Grand Vacations Inc Stock Forecast
Hilton Grand Vacations Inc stock price up 1.41% on Monday
(Updated on Apr 22, 2024)
The Hilton Grand Vacations Inc stock price gained 1.41% on the last trading day (Monday, 22nd Apr 2024), rising from $43.21 to $43.82. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.72% from a day low at $43.01 to a day high of $44.18. The price has been going up and down for this period, and there has been a -4.68% loss for the last 2 weeks. Volume fell on the last day by -27 thousand shares and in total, 539 thousand shares were bought and sold for approximately $23.61 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 lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $43.19 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.67% during the next 3 months and, with a 90% probability hold a price between $45.64 and $53.10 at the end of this 3-month period.
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HGV Signals & Forecast
There are mixed signals in the stock today. The Hilton Grand Vacations Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $45.21. On a fall, the stock will find some support from the short-term average at $43.38. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 1.76%. Further rise is indicated until a new top pivot has been found. 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 Hilton Grand Vacations Inc stock
Hilton Grand Vacations Inc finds support from accumulated volume at $43.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $1.17 between high and low, or 2.72%. For the last week, the stock has had daily average volatility of 2.49%.
Our recommended stop-loss: $41.52 (-5.26%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (HGV) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect Hilton Grand Vacations Inc to open at $43.67, and during the day (based on 14 day Average True Range), to move between $42.63 and $45.01, which gives a possible trading interval of +/-$1.19 (+/-2.72%) up or down from last closing price. If Hilton Grand Vacations Inc takes out the full calculated possible swing range there will be an estimated 5.44% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $44.32 (1.14%) than the support at $43.03 (1.80%), 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.
Earnings coming up
Hilton Grand Vacations Inc will release earnings BMO on Thursday, April 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.87. We will update the financials statements for Hilton Grand Vacations Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 7.51% in the first trading day after earnings release.
Is Hilton Grand Vacations Inc stock A Buy?
Hilton Grand Vacations Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.232 Hold/Accumulate Unchanged
Predicted Opening Price for Hilton Grand Vacations Inc of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $43.67 ( 0.342%) | $43.82 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HGV
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 44.84 | 2.33 % | |
| R2 | 44.39 | 1.31 % | ||
| R1 | 44.12 | 0.678 % | ||
| Current price: | 43.82 | |||
| Support | S1 | 43.22 | -1.36 % | |
| S2 | 42.95 | -1.99 % | ||
| S3 | 42.50 | -3.01 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 45.97 | 4.91 % | |
| R2 | 44.88 | 2.42 % | ||
| R1 | 44.32 | 1.14 % | ||
| Current price | 43.82 | |||
| Support | S1 | 43.03 | -1.80% | |
| S2 | 42.09 | -3.95% | ||
| S3 | 41.26 | -5.84% |
FAQ
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