RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HAYN
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Haynes International stock upgraded from Hold/Accumulate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 26, 2024 Gain 8.78% PDF

The Haynes International stock price fell by -0.0333% on the last day (Thursday, 28th Mar 2024) from $60.14 to $60.12. During the last trading day the stock fluctuated 0.141% from a day low at $60.10 to a day high of $60.18. The price has risen in 7 of the last 10 days and is up by 0.91% over the past 2 weeks. Volume has increased on the last day by 129 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 326 thousand shares were bought and sold for approximately $19.59 million.

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 13.84% during the next 3 months and, with a 90% probability hold a price between $65.32 and $71.02 at the end of this 3-month period.

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HAYN Signals & Forecast

The Haynes International 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 $60.08 and $59.66. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -0.0665%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Haynes International stock

Haynes International finds support from accumulated volume at $60.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0850 between high and low, or 0.141%. For the last week the stock has had daily average volatility of 0.205%.

Our recommended stop-loss: $58.67 (-2.40%) (This stock has low daily movements and this gives low risk. The RSI14 is 81 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (HAYN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Haynes International to open at $60.13, and during the day (based on 14 day Average True Range), to move between $59.77 and $60.47, which gives a possible trading interval of +/-$0.348 (+/-0.58%) up or down from last closing price. If Haynes International takes out the full calculated possible swing range there will be an estimated 1.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $60.14 (0.03%) than the support at $60.00 (0.20%), 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 Haynes International 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 Haynes International stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.593 Buy Candidate Upgraded

Predicted Opening Price for Haynes International of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$60.13 ( 0.0194%) $60.12

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

Trading levels for HAYN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 60.22 0.161 %
R2 60.18 0.107 %
R1 60.16 0.0734 %
Current price: 60.12
Support S1 60.10 -0.0346 %
S2 60.08 -0.0680 %
S3 60.05 -0.122 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 60.16 0.0665 %
R1 60.14 0.0333 %
Current price 60.12
Support S1 60.00 -0.200%
S2 59.65 -0.782%
S3 59.60 -0.86%

HAYN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 05, 2024 Feb 29, 2024 Mar 15, 2024 $0.220 0.370%
2 Nov 16, 2023 Nov 30, 2023 Dec 15, 2023 $0.220 0.415%
3 Aug 03, 2023 Aug 31, 2023 Sep 15, 2023 $0.220 0.451%
4 May 03, 2023 May 31, 2023 Jun 15, 2023 $0.220 0.425%
5 Feb 01, 2023 Feb 28, 2023 Mar 15, 2023 $0.220 0.473%

FAQ

What is the symbol for Haynes International Stock and on which exchange is it traded?
The symbol for Haynes International is HAYN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Haynes International 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 Haynes International stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Haynes International Stock?
As of the end of day on the 2024-03-28, the price of an Haynes International (HAYN) share was $60.12.

What is the 52-week high and low for Haynes International Stock?
The 52-week high for Haynes International Stock is $60.25 and the 52-week low is $41.15.

What is the market capitalization of Haynes International Stock?
As of the 2024-03-28, the market capitalization of Haynes International is 768.514M.

When is the next earnings date for Haynes International?
The upcoming earnings date for Haynes International is May 02, 2024.
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About Haynes International

Haynes International Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, Asia, and internationally. The company offers high-temperature resistant alloys (HTA) and corrosion-resistant alloys (CRA). Its HTA products are used by manufacturers of equipment, including jet engines for the aerospace market; gas turbine engines for power generation; and indust... HAYN Profile

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