Heartland Financial USA Stock Forecast
Heartland Financial USA stock price up 1.06% on Thursday
(Updated on Mar 28, 2024)
The Heartland Financial USA stock price gained 1.06% on the last trading day (Thursday, 28th Mar 2024), rising from $34.78 to $35.15. During the last trading day the stock fluctuated 1.65% from a day low at $34.63 to a day high of $35.20. The price has risen in 7 of the last 10 days and is up by 7.89% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 78 thousand more shares were traded than the day before. In total, 222 thousand shares were bought and sold for approximately $7.82 million.
The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $35.51 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -11.69% during the next 3 months and, with a 90% probability hold a price between $26.88 and $31.36 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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HTLF Signals & Forecast
The Heartland Financial USA 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 $33.98 and $33.67. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 26, 2024, and so far it has risen 9.13%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. 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). The stock had a Golden Star Signal on Tuesday, March 26, 2024 in the short-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.
Golden Star
The stock had a Golden Star Signal on Tuesday, March 26, 2024 in the short-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 Heartland Financial USA stock
Heartland Financial USA finds support from accumulated volume at $34.10 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 $0.570 (1.65%) between high and low. For the last week, the stock has had daily average volatility of 2.89%.
Our recommended stop-loss: $33.25 (-5.41%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 23 days ago.)
Trading Expectations (HTLF) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Heartland Financial USA to open at $34.99, and during the day (based on 14 day Average True Range), to move between $34.03 and $36.27, which gives a possible trading interval of +/-$1.12 (+/-3.19%) up or down from last closing price. If Heartland Financial USA takes out the full calculated possible swing range there will be an estimated 6.39% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $35.47 (0.91%) than the support at $34.10 (2.99%), 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 Heartland Financial USA 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: 3.837 Buy Candidate Unchanged
Predicted Opening Price for Heartland Financial USA of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$34.99 ( 0.446%) | $35.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HTLF
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 35.56 | 1.18 % | |
R2 | 35.35 | 0.556 % | ||
R1 | 35.21 | 0.174 % | ||
Current price: | 35.15 | |||
Support | S1 | 34.78 | -1.07 % | |
S2 | 34.64 | -1.45 % | ||
S3 | 34.42 | -2.07 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 38.67 | 10.01 % | |
R2 | 37.47 | 6.60 % | ||
R1 | 35.47 | 0.91 % | ||
Current price | 35.15 | |||
Support | S1 | 34.10 | -2.99% | |
S2 | 34.00 | -3.27% | ||
S3 | 32.97 | -6.20% |
HTLF Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jan 23, 2024 | Feb 09, 2024 | Feb 27, 2024 | $0.300 | 0.91% |
2 | Oct 18, 2023 | Nov 13, 2023 | Nov 29, 2023 | $0.300 | 0.96% |
3 | Aug 06, 2023 | Aug 10, 2023 | Aug 25, 2023 | $0.300 | 0.99% |
4 | Aug 07, 2023 | May 11, 2023 | May 26, 2023 | $0.300 | 1.05% |
5 | Jan 20, 2023 | Feb 09, 2023 | May 26, 2023 | $0.300 | 1.05% |
FAQ
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