Hyatt Hotels Corporation Stock Forecast

Hyatt Hotels Corporation stock price down 0.634% on Tuesday
(Updated on May 07, 2024)

H Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Hyatt Hotels Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $150.56 and $153.87. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -6.49%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Thursday, June 29, 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 Hyatt Hotels Corporation stock

Hyatt Hotels Corporation finds support from accumulated volume at $150.17 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 $1.57 (1.04%) between high and low. For the last week, the stock has had daily average volatility of 1.79%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (H) For The Upcoming Trading Day Of Wednesday 8th

For the upcoming trading day on Wednesday, 8th we expect Hyatt Hotels Corporation to open at $150.91, and during the day (based on 14 day Average True Range), to move between $147.46 and $153.34, which gives a possible trading interval of +/-$2.94 (+/-1.95%) up or down from last closing price. If Hyatt Hotels Corporation takes out the full calculated possible swing range there will be an estimated 3.91% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $150.17 (0.15%) than the resistance at $151.11 (0.47%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Hyatt Hotels Corporation stock A Buy?

The Hyatt Hotels Corporation stock holds several negative signals and despite the positive trend, we believe Hyatt Hotels Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.324 Sell Candidate Unchanged

Predicted Opening Price for Hyatt Hotels Corporation of Wednesday, May 8, 2024

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