Haria Exports Limited Stock Forecast
Haria Exports Limited stock price ended at ₹5.40 on Wednesday, after losing 0%.
(Updated on Jun 26, 2024)
No changes to the price of Haria Exports Limited stock on the last trading day (Wednesday, 26th Jun 2024). During the last trading day the stock fluctuated 1.85% from a day low at ₹5.40 to a day high of ₹5.50. The price has been going up and down for this period, and there has been a 12.27% gain for the last 2 weeks.
The stock lies in the middle of a wide and 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 19.80% during the next 3 months and, with a 90% probability hold a price between ₹5.96 and ₹6.93 at the end of this 3-month period.
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HARIAEXPO.BO Signals & Forecast
The Haria Exports Limited 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 ₹5.37 and ₹5.15. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -5.59%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Haria Exports Limited stock
On the downside, the stock finds support just below today's level from accumulated volume at ₹5.00 and ₹4.95. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Haria Exports Limited finds support just below today's level at ₹5.00. If this is broken, then the next support from accumulated volume will be at ₹4.95 and ₹4.60.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved ₹0.1000 between high and low, or 1.85%. For the last week the stock has had daily average volatility of 5.65%.
Our recommended stop-loss: ₹5.11 (-5.46%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (HARIAEXPO.BO) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Haria Exports Limited to open at ₹5.43, and during the day (based on 14 day Average True Range), to move between ₹4.96 and ₹5.84, which gives a possible trading interval of +/-₹0.436 (+/-8.07%) up or down from last closing price. If Haria Exports Limited takes out the full calculated possible swing range there will be an estimated 16.14% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₹5.50 (1.85%) than the support at ₹5.00 (7.41%), 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 Haria Exports Limited stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Haria Exports Limited stock to perform well in the short-term.
Current score: 2.262 Buy Candidate Unchanged
Predicted Opening Price for Haria Exports Limited of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| ₹5.43 ( 0.617%) | ₹5.40 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HARIAEXPO.BO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.53 | 2.47% |
| R2 | 5.50 | 1.76% |
| R1 | 5.47 | 1.32% |
| Price | 5.40 | |
| S1 | 5.40 | -0.0901% |
| S2 | 5.37 | -0.527% |
| S3 | 5.33 | -1.23% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.72 | 5.93% |
| R2 | 5.53 | 2.41% |
| R1 | 5.50 | 1.85% |
| Price | 5.40 | |
| S1 | 5.00 | -7.41% |
| S2 | 4.95 | -8.33% |
| S3 | 4.60 | -14.81% |
HARIAEXPO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 23, 2003 | Sep 23, 2003 | Sep 23, 2003 | ₹0.86 | 3.24% |
| 2 | Sep 20, 2002 | Sep 20, 2002 | Sep 20, 2002 | ₹0.714 | 8.33% |
| 3 | Aug 13, 2001 | Aug 13, 2001 | Aug 13, 2001 | ₹2.14 | 10.45% |
FAQ
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