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 HTBK
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Heritage Commerce Corp stock price ended at $8.58 on Thursday, after gaining 0.586%.
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.59% PDF

The Heritage Commerce Corp stock price gained 0.586% on the last trading day (Thursday, 28th Mar 2024), rising from $8.53 to $8.58. During the last trading day the stock fluctuated 1.41% from a day low at $8.51 to a day high of $8.63. The price has risen in 5 of the last 10 days and is up by 5.54% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 337 thousand shares were bought and sold for approximately $2.89 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.

Given the current short-term trend, the stock is expected to fall -16.25% during the next 3 months and, with a 90% probability hold a price between $6.01 and $7.19 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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HTBK Signals & Forecast

The Heritage Commerce Corp 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 $8.38 and $8.32. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 6.98%. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Heritage Commerce Corp stock

Heritage Commerce Corp finds support from accumulated volume at $8.28 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 $0.120 (1.41%) between high and low. For the last week, the stock has had daily average volatility of 2.24%.

Our recommended stop-loss: $8.24 (-3.98%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Heritage Commerce Corp to open at $8.57, and during the day (based on 14 day Average True Range), to move between $8.37 and $8.79, which gives a possible trading interval of +/-$0.213 (+/-2.49%) up or down from last closing price. If Heritage Commerce Corp takes out the full calculated possible swing range there will be an estimated 4.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $8.28 (3.50%) than the resistance at $8.89 (3.61%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Heritage Commerce Corp stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.693 Buy Candidate Unchanged

Predicted Opening Price for Heritage Commerce Corp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$8.57 ( 0.0777%) $8.58

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

Trading levels for HTBK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.69 1.32 %
R2 8.65 0.787 %
R1 8.62 0.457 %
Current price: 8.58
Support S1 8.53 -0.612 %
S2 8.50 -0.94 %
S3 8.45 -1.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.61 12.00 %
R2 9.19 7.11 %
R1 8.89 3.61 %
Current price 8.58
Support S1 8.28 -3.50%
S2 8.13 -5.24%
S3 8.02 -6.53%

HTBK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 07, 2024 Feb 22, 2024 $0.130 1.56%
2 Oct 26, 2023 Nov 06, 2023 Nov 21, 2023 $0.130 1.53%
3 Jul 27, 2023 Aug 09, 2023 Aug 24, 2023 $0.130 1.49%
4 Apr 27, 2023 May 10, 2023 May 25, 2023 $0.130 1.75%
5 Jan 26, 2023 Feb 08, 2023 Feb 23, 2023 $0.130 1.05%

FAQ

What is the symbol for Heritage Commerce Corp Stock and on which exchange is it traded?
The symbol for Heritage Commerce Corp is HTBK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Heritage Commerce Corp Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of Heritage Commerce Corp Stock?
As of the end of day on the 2024-03-28, the price of an Heritage Commerce Corp (HTBK) share was $8.58.

What is the 52-week high and low for Heritage Commerce Corp Stock?
The 52-week high for Heritage Commerce Corp Stock is $10.22 and the 52-week low is $6.69.

What is the market capitalization of Heritage Commerce Corp Stock?
As of the 2024-03-28, the market capitalization of Heritage Commerce Corp is 524.834M.

When is the next earnings date for Heritage Commerce Corp?
The upcoming earnings date for Heritage Commerce Corp is Apr 25, 2024.
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About Heritage Commerce Corp

Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio... HTBK Profile

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