Heidrick & Struggles International Stock Forecast
Heidrick & Struggles International stock price ended at $30.28 on Thursday, after losing 1.91%.
(Updated on Apr 25, 2024)
The Heidrick & Struggles International stock price fell by -1.91% on the last day (Thursday, 25th Apr 2024) from $30.87 to $30.28. During the last trading day the stock fluctuated 2.08% from a day low at $29.87 to a day high of $30.49. The price has been going up and down for this period, and there has been a -2.45% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -15 thousand shares and in total, 50 thousand shares were bought and sold for approximately $1.50 million.
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 $29.54 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 3.68% during the next 3 months and, with a 90% probability hold a price between $30.63 and $36.56 at the end of this 3-month period.
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HSII Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 2.92%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Heidrick & Struggles International 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 $30.29 and $31.67. 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). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Heidrick & Struggles International stock
Heidrick & Struggles International finds support from accumulated volume at $30.21 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.620 between high and low, or 2.08%. For the last week the stock has had daily average volatility of 2.47%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HSII) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Heidrick & Struggles International to open at $30.21, and during the day (based on 14 day Average True Range), to move between $29.49 and $31.07, which gives a possible trading interval of +/-$0.794 (+/-2.62%) up or down from last closing price. If Heidrick & Struggles International takes out the full calculated possible swing range there will be an estimated 5.24% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $30.21 (0.23%) than the resistance at $33.80 (11.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Heidrick & Struggles International stock A Buy?
The Heidrick & Struggles International stock holds several negative signals and despite the positive trend, we believe Heidrick & Struggles International will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.433 Sell Candidate Unchanged
Predicted Opening Price for Heidrick & Struggles International of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $30.21 ( 0.220%) | $30.28 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HSII
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 30.83 | 1.83 % | |
| R2 | 30.60 | 1.05 % | ||
| R1 | 30.45 | 0.562 % | ||
| Current price: | 30.28 | |||
| Support | S1 | 29.98 | -1.00 % | |
| S2 | 29.83 | -1.49 % | ||
| S3 | 29.59 | -2.27 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 34.44 | 13.74 % | |
| R2 | 34.04 | 12.42 % | ||
| R1 | 33.80 | 11.62 % | ||
| Current price | 30.28 | |||
| Support | S1 | 30.21 | -0.231% | |
| S2 | 30.05 | -0.760% | ||
| S3 | 29.56 | -2.38% |
HSII Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 26, 2024 | Mar 07, 2024 | Mar 21, 2024 | $0.150 | 0.457% |
| 2 | Oct 25, 2023 | Nov 06, 2023 | Nov 21, 2023 | $0.150 | 0.551% |
| 3 | Jul 31, 2023 | Aug 10, 2023 | Aug 25, 2023 | $0.150 | 0.543% |
| 4 | Apr 24, 2023 | May 04, 2023 | May 19, 2023 | $0.150 | 0.586% |
| 5 | Feb 27, 2023 | Mar 09, 2023 | Mar 24, 2023 | $0.150 | 0.508% |
FAQ
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