Hilton Worldwide Holdings Inc Stock Forecast
Hilton Worldwide Holdings Inc stock price up 0.340% on Wednesday
(Updated on May 08, 2024)
The Hilton Worldwide Holdings Inc stock price gained 0.340% on the last trading day (Wednesday, 8th May 2024), rising from $199.71 to $200.39. During the last trading day the stock fluctuated 1.08% from a day low at $198.49 to a day high of $200.64. The price has fallen in 6 of the last 10 days and is down by -2.11% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 94 thousand more shares were traded than the day before. In total, 948 thousand shares were bought and sold for approximately $190.02 million.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Hilton Worldwide Holdings Inc stock with a 90% probability to be traded between $196.81 and $217.42 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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HLT Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 3.04%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Hilton Worldwide Holdings Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $205.20. On a fall, the stock will find some support from the short-term average at $198.60. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for Hilton Worldwide Holdings Inc stock
Hilton Worldwide Holdings Inc finds support from accumulated volume at $197.04 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 $2.15 (1.08%) between high and low. For the last week, the stock has had daily average volatility of 1.16%.
Our recommended stop-loss: $189.34 (-5.51%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 13 days ago.)
Trading Expectations (HLT) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect Hilton Worldwide Holdings Inc to open at $199.84, and during the day (based on 14 day Average True Range), to move between $196.74 and $204.04, which gives a possible trading interval of +/-$3.65 (+/-1.82%) up or down from last closing price. If Hilton Worldwide Holdings Inc takes out the full calculated possible swing range there will be an estimated 3.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $200.48 (0.04%) than the support at $197.04 (1.67%), 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 Hilton Worldwide Holdings Inc stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Hilton Worldwide Holdings Inc stock to perform well in the short-term period.
Current score: 1.549 Buy Candidate Unchanged
Predicted Opening Price for Hilton Worldwide Holdings Inc of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| $199.84 ( 0.274%) | $200.39 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HLT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 201.99 | 0.798 % | |
| R2 | 201.17 | 0.389 % | ||
| R1 | 200.66 | 0.135 % | ||
| Current price: | 200.39 | |||
| Support | S1 | 199.02 | -0.684 % | |
| S2 | 198.51 | -0.94 % | ||
| S3 | 197.69 | -1.35 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 206.50 | 3.05 % | |
| R2 | 204.70 | 2.15 % | ||
| R1 | 200.48 | 0.0449 % | ||
| Current price | 200.39 | |||
| Support | S1 | 197.04 | -1.67% | |
| S2 | 194.47 | -2.95% | ||
| S3 | 190.11 | -5.13% |
HLT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 24, 2024 | May 16, 2024 | Jun 28, 2024 | $0.150 | 0.0749% |
| 2 | Feb 07, 2024 | Feb 22, 2024 | Mar 28, 2024 | $0.150 | 0.0703% |
| 3 | Oct 25, 2023 | Nov 16, 2023 | Dec 29, 2023 | $0.150 | 0.0824% |
| 4 | Jul 26, 2023 | Aug 24, 2023 | Sep 29, 2023 | $0.150 | 0.0999% |
| 5 | Apr 26, 2023 | May 18, 2023 | Jun 30, 2023 | $0.150 | 0.103% |
FAQ
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