AXA Equitable Holdings Inc. Stock Forecast
AXA Equitable Holdings Inc. stock downgraded from Buy Candidate to Sell Candidate after Tuesday trading session.
(Updated on Jun 18, 2024)
No changes to the price of AXA Equitable Holdings Inc. stock on the last trading day (Tuesday, 18th Jun 2024). During the last trading day the stock fluctuated 1.32% from a day low at $39.66 to a day high of $40.18. The price has risen in 5 of the last 10 days but is still down by -0.37% for this period.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 13.38% during the next 3 months and, with a 90% probability hold a price between $44.29 and $48.23 at the end of this 3-month period.
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EQH Signals & Forecast
The volume rose on the last day while price remained unchanged. This may be an early warning and 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. The AXA Equitable Holdings Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $40.34 and $40.10. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 30, 2024, and so far it has fallen -3.54%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for AXA Equitable Holdings Inc. stock
AXA Equitable Holdings Inc. finds support from accumulated volume at $39.43 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.523 between high and low, or 1.32%. For the last week the stock has had daily average volatility of 1.85%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EQH) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect AXA Equitable Holdings Inc. to open at $39.95, and during the day (based on 14 day Average True Range), to move between $39.27 and $40.79, which gives a possible trading interval of +/-$0.761 (+/-1.90%) up or down from last closing price. If AXA Equitable Holdings Inc. takes out the full calculated possible swing range there will be an estimated 3.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $40.31 (0.70%) than the support at $39.43 (1.50%), 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 AXA Equitable Holdings Inc. stock A Buy?
The AXA Equitable Holdings Inc. stock holds several negative signals and despite the positive trend, we believe AXA Equitable Holdings Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.
Current score: -3.828 Sell Candidate Downgraded
Predicted Opening Price for AXA Equitable Holdings Inc. of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| $39.95 ( 0.189%) | $40.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EQH
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 40.48 | 1.12% |
| R2 | 40.28 | 0.619% |
| R1 | 40.15 | 0.310% |
| Price | 40.03 | |
| S1 | 39.75 | -0.688% |
| S2 | 39.63 | -1.00% |
| S3 | 39.43 | -1.50% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 41.49 | 3.65% |
| R2 | 40.73 | 1.75% |
| R1 | 40.31 | 0.699% |
| Price | 40.03 | |
| S1 | 39.43 | -1.50% |
| S2 | 38.61 | -3.55% |
| S3 | 37.59 | -6.10% |
EQH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 03, 2024 | Jun 03, 2024 | Jun 10, 2024 | $0.240 | 0.591% |
| 2 | Feb 14, 2024 | Feb 23, 2024 | Mar 04, 2024 | $0.220 | 0.658% |
| 3 | Nov 15, 2023 | Nov 24, 2023 | Dec 04, 2023 | $0.220 | 0.682% |
| 4 | Jul 28, 2023 | Aug 04, 2023 | Aug 14, 2023 | $0.220 | 0.783% |
| 5 | May 24, 2023 | Jun 02, 2023 | Aug 14, 2023 | $0.220 | 0.783% |
FAQ
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