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 DHT
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Green day on Tuesday for DHT Holdings Inc stock after gaining 0.250%
(Updated on Jul 23, 2024)

Buy candidate since Jul 22, 2024 Gain 0.25% PDF

The DHT Holdings Inc stock price gained 0.250% on the last trading day (Tuesday, 23rd Jul 2024), rising from $12.02 to $12.05. It has now gained 8 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 2.63% from a day low at $11.77 to a day high of $12.08. The price has risen in 9 of the last 10 days and is up by 11.88% over the past 2 weeks. Volume fell on the last day by -831 thousand shares and in total, 2 million shares were bought and sold for approximately $21.01 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.

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 $12.16 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 -6.18% during the next 3 months and, with a 90% probability hold a price between $9.97 and $11.41 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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DHT Signals & Forecast

Mostly positive signals in the chart today. The DHT Holdings Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $11.39 and $11.43. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, July 08, 2024, and so far it has risen 11.88%. 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 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. The stock had a Golden Star Signal on Tuesday, January 02, 2024 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.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, January 02, 2024 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 DHT Holdings Inc stock

DHT Holdings Inc finds support from accumulated volume at $11.57 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.310 between high and low, or 2.63%. For the last week, the stock has had daily average volatility of 2.91%.

Since the DHT Holdings Inc has been rising for 8 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

Our recommended stop-loss: $11.67 (-3.14%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 42 days ago.)

Trading Expectations (DHT) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect DHT Holdings Inc to open at $11.97, and during the day (based on 14 day Average True Range), to move between $11.77 and $12.33, which gives a possible trading interval of +/-$0.278 (+/-2.30%) up or down from last closing price. If DHT Holdings Inc takes out the full calculated possible swing range there will be an estimated 4.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.10 (0.41%) than the support at $11.57 (3.98%), 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 DHT 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.

Current score: 1.646 Buy Candidate Unchanged

Predicted Opening Price for DHT Holdings Inc of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$11.97 ( 0.692%) $12.05

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

Trading levels for DHT

Fibonacci Support & Resistance Levels

Level Price
R3 12.28 1.88%
R2 12.16 0.90%
R1 12.09 0.291%
Price 12.05
S1 11.85 -1.67%
S2 11.78 -2.28%
S3 11.66 -3.26%

Accumulated Volume Support & Resistance Levels

Level Price
R3 12.64 4.90%
R2 12.28 1.91%
R1 12.10 0.415%
Price 12.05
S1 11.57 -3.98%
S2 11.36 -5.73%
S3 10.77 -10.62%

DHT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 14, 2024 May 23, 2024 May 31, 2024 $0.290 2.40%
2 Feb 06, 2024 Feb 20, 2024 Feb 28, 2024 $0.220 2.04%
3 Nov 03, 2023 Nov 20, 2023 Nov 28, 2023 $0.190 1.91%
4 Aug 22, 2023 Aug 22, 2023 Aug 30, 2023 $0.350 3.76%
5 May 02, 2023 May 17, 2023 May 25, 2023 $0.230 2.86%

FAQ

What is the symbol for DHT Holdings Inc Stock and on which exchange is it traded?
The symbol for DHT Holdings Inc is DHT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell DHT Holdings Inc 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 DHT Holdings Inc Stock?
DHT Holdings Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy DHT Holdings Inc Stock.

What's the current price of DHT Holdings Inc Stock?
As of the end of day on the Jul 23, 2024, the price of an DHT Holdings Inc (DHT) share was $12.05.

What is the 52-week high and low for DHT Holdings Inc Stock?
The 52-week high for DHT Holdings Inc Stock is $12.80 and the 52-week low is $8.60.

What is the market capitalization of DHT Holdings Inc Stock?
As of the Jul 23, 2024, the market capitalization of DHT Holdings Inc is 1.939B.

When is the next earnings date for DHT Holdings Inc?
The upcoming earnings date for DHT Holdings Inc is Aug 13, 2024.
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About DHT Holdings Inc

DHT Holdings DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 17, 2022, it had a fleet of 26 very large crude carriers with a capacity of 8,043,657 deadweight tons. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.... DHT Profile

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