Hilltop Holdings Inc Stock Forecast
Stronger technical forecast for Hilltop Holdings Inc stock price after Thursday trading.
(Updated on May 02, 2024)
The Hilltop Holdings Inc stock price gained 1.92% on the last trading day (Thursday, 2nd May 2024), rising from $30.15 to $30.73. During the last trading day the stock fluctuated 1.52% from a day low at $30.36 to a day high of $30.82. The price has risen in 6 of the last 10 days and is up by 5.78% 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, 67 thousand more shares were traded than the day before. In total, 226 thousand shares were bought and sold for approximately $6.96 million.
The stock lies the upper part of a 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 $31.07 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 -3.89% during the next 3 months and, with a 90% probability hold a price between $27.31 and $29.86 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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HTH Signals & Forecast
Mostly positive signals in the chart today. The Hilltop Holdings Inc 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 $30.18 and $30.13. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 7.30%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Thursday, November 30, 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.
Golden Star 12 Months
The stock had a Golden Star Signal on Thursday, November 30, 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 Hilltop Holdings Inc stock
Hilltop Holdings Inc finds support from accumulated volume at $30.57 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 $0.460 (1.52%) between high and low. For the last week, the stock has had daily average volatility of 2.17%.
Our recommended stop-loss: $29.36 (-4.47%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (HTH) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Hilltop Holdings Inc to open at $30.64, and during the day (based on 14 day Average True Range), to move between $30.02 and $31.44, which gives a possible trading interval of +/-$0.714 (+/-2.32%) up or down from last closing price. If Hilltop Holdings Inc takes out the full calculated possible swing range there will be an estimated 4.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $30.84 (0.36%) than the support at $30.57 (0.52%), 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 Hilltop Holdings Inc 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 3.063 Buy Candidate Upgraded
Predicted Opening Price for Hilltop Holdings Inc of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $30.64 ( 0.304%) | $30.73 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HTH
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 31.10 | 1.19 % | |
| R2 | 30.92 | 0.621 % | ||
| R1 | 30.81 | 0.268 % | ||
| Current price: | 30.73 | |||
| Support | S1 | 30.46 | -0.88 % | |
| S2 | 30.35 | -1.23 % | ||
| S3 | 30.18 | -1.80 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 31.34 | 1.99 % | |
| R2 | 31.22 | 1.59 % | ||
| R1 | 30.84 | 0.358 % | ||
| Current price | 30.73 | |||
| Support | S1 | 30.57 | -0.521% | |
| S2 | 29.99 | -2.41% | ||
| S3 | 29.49 | -4.04% |
HTH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 18, 2024 | May 09, 2024 | May 24, 2024 | $0.170 | 0.553% |
| 2 | Feb 09, 2024 | Feb 09, 2024 | Feb 28, 2024 | $0.170 | 0.555% |
| 3 | Oct 19, 2023 | Nov 10, 2023 | Nov 28, 2023 | $0.160 | 0.545% |
| 4 | Jul 20, 2023 | Aug 10, 2023 | Aug 25, 2023 | $0.160 | 0.535% |
| 5 | Apr 20, 2023 | May 09, 2023 | May 25, 2023 | $0.160 | 0.531% |
FAQ
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