14-day Premium Trial Subscription Try For FreeTry Free
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 HOLI
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Hollysys Automation Technologies stock downgraded to Sell Candidate
(Updated on Apr 24, 2024)

Sell candidate since Apr 24, 2024 PDF

The Hollysys Automation Technologies stock price gained 0.492% on the last trading day (Wednesday, 24th Apr 2024), rising from $24.40 to $24.52. During the last trading day the stock fluctuated 0.450% from a day low at $24.43 to a day high of $24.54. The price has fallen in 7 of the last 10 days and is down by -4.44% for this period. Volume fell on the last day by -17 thousand shares and in total, 108 thousand shares were bought and sold for approximately $2.65 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 of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $24.28 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.04% during the next 3 months and, with a 90% probability hold a price between $23.78 and $25.10 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

HOLI Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 0.86%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Hollysys Automation Technologies 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 $24.55 and $25.36. 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). The stock had a Golden Star Signal on Tuesday, June 27, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, June 27, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Hollysys Automation Technologies stock

Hollysys Automation Technologies finds support from accumulated volume at $24.50 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 $0.110 (0.450%) between high and low. For the last week, the stock has had daily average volatility of 1.28%.

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

Trading Expectations (HOLI) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect Hollysys Automation Technologies to open at $24.50, and during the day (based on 14 day Average True Range), to move between $24.22 and $24.82, which gives a possible trading interval of +/-$0.300 (+/-1.22%) up or down from last closing price. If Hollysys Automation Technologies takes out the full calculated possible swing range there will be an estimated 2.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $24.50 (0.10%) than the resistance at $25.60 (4.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Hollysys Automation Technologies stock A Buy?

Hollysys Automation Technologies holds several negative signals and is within a 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.223 Sell Candidate Downgraded

Predicted Opening Price for Hollysys Automation Technologies of Thursday, April 25, 2024

Fair opening price April 25, 2024 Current price
$24.50 ( 0.0953%) $24.52

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

Trading levels for HOLI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 24.61 0.353 %
R2 24.56 0.182 %
R1 24.54 0.0759 %
Current price: 24.52
Support S1 24.45 -0.267 %
S2 24.43 -0.372 %
S3 24.39 -0.544 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.71 4.85 %
R2 25.70 4.81 %
R1 25.60 4.40 %
Current price 24.52
Support S1 24.50 -0.102%
S2 24.40 -0.489%
S3 24.31 -0.86%

HOLI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 10, 2022 Apr 01, 2022 Apr 25, 2022 $0.320 2.11%
2 Oct 05, 2020 Oct 21, 2020 Nov 20, 2020 $0.200 1.68%
3 Sep 27, 2019 Oct 21, 2019 Nov 12, 2019 $0.210 1.35%
4 Sep 27, 2018 Oct 19, 2018 Nov 12, 2018 $0.180 0.95%
5 Sep 26, 2017 Oct 13, 2017 Nov 06, 2017 $0.120 0.527%

FAQ

What is the symbol for Hollysys Automation Technologies Stock and on which exchange is it traded?
The symbol for Hollysys Automation Technologies is HOLI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Hollysys Automation Technologies Stock?
Hollysys Automation Technologies holds several negative signals and is within a 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

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

What's the current price of Hollysys Automation Technologies Stock?
As of the end of day on the Apr 24, 2024, the price of an Hollysys Automation Technologies (HOLI) share was $24.52.

What is the 52-week high and low for Hollysys Automation Technologies Stock?
The 52-week high for Hollysys Automation Technologies Stock is $27.25 and the 52-week low is $15.14.

What is the market capitalization of Hollysys Automation Technologies Stock?
As of the Apr 24, 2024, the market capitalization of Hollysys Automation Technologies is 1.523B.

When is the next earnings date for Hollysys Automation Technologies?
The upcoming earnings date for Hollysys Automation Technologies is May 14, 2024.
Click to get the best stock tips daily for free!

About Hollysys Automation Technologies

Hollysys Automation Technologies Hollysys Automation Technologies Ltd. provides automation solutions in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising simulation training system, Hol... HOLI Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT