HCA Holdings Inc Stock Forecast
HCA Holdings Inc stock price ended at $319.70 on Tuesday, after gaining 1.45%.
(Updated on Jul 02, 2024)
The HCA Holdings Inc stock price gained 1.45% on the last trading day (Tuesday, 2nd Jul 2024), rising from $315.12 to $319.70. During the last trading day the stock fluctuated 2.14% from a day low at $314.45 to a day high of $321.17. The price has risen in 6 of the last 10 days but is still down by -4.7% for this period. Volume fell on the last day by -968 thousand shares and in total, 1 million shares were bought and sold for approximately $450.94 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 in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $315.08 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 6.82% during the next 3 months and, with a 90% probability hold a price between $336.56 and $367.83 at the end of this 3-month period.
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HCA Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, July 01, 2024, and so far it has risen 1.45%. Further rise is indicated until a new top pivot has been found. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The HCA 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 $331.67 and $330.72. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for HCA Holdings Inc stock
HCA Holdings Inc finds support from accumulated volume at $315.12 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 $6.72 (2.14%) between high and low. For the last week, the stock has had daily average volatility of 3.33%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HCA) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect HCA Holdings Inc to open at $318.44, and during the day (based on 14 day Average True Range), to move between $311.94 and $327.46, which gives a possible trading interval of +/-$7.76 (+/-2.43%) up or down from last closing price. If HCA Holdings Inc takes out the full calculated possible swing range there will be an estimated 4.85% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $321.28 (0.49%) than the support at $315.12 (1.43%), 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 HCA Holdings Inc stock A Buy?
The HCA Holdings Inc stock holds several negative signals and despite the positive trend, we believe HCA Holdings Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.335 Sell Candidate Unchanged
Predicted Opening Price for HCA Holdings Inc of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $318.44 ( 0.394%) | $319.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HCA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 325.16 | 1.71% |
| R2 | 322.59 | 0.90% |
| R1 | 321.01 | 0.409% |
| Price | 319.70 | |
| S1 | 315.87 | -1.20% |
| S2 | 314.29 | -1.69% |
| S3 | 311.72 | -2.50% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 339.75 | 6.27% |
| R2 | 325.13 | 1.70% |
| R1 | 321.28 | 0.494% |
| Price | 319.70 | |
| S1 | 315.12 | -1.43% |
| S2 | 306.69 | -4.07% |
| S3 | 297.00 | -7.10% |
HCA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 26, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.660 | 0.205% |
| 2 | Mar 14, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.660 | 0.198% |
| 3 | Oct 24, 2023 | Dec 13, 2023 | Dec 28, 2023 | $0.600 | 0.222% |
| 4 | Jul 27, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.600 | 0.244% |
| 5 | Apr 21, 2023 | Jun 15, 2023 | Sep 29, 2023 | $0.600 | 0.244% |
FAQ
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