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 HCKT
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The Hackett Group stock upgraded to Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The The Hackett Group stock price gained 1.29% on the last trading day (Thursday, 28th Mar 2024), rising from $23.99 to $24.30. During the last trading day the stock fluctuated 1.37% from a day low at $24.08 to a day high of $24.41. The price has risen in 6 of the last 10 days and is up by 0.91% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 43 thousand more shares were traded than the day before. In total, 116 thousand shares were bought and sold for approximately $2.82 million.

The stock lies in the middle of a weak 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 9.54% during the next 3 months and, with a 90% probability hold a price between $26.00 and $28.46 at the end of this 3-month period.

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HCKT Signals & Forecast

The The Hackett Group 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 $24.20 and $24.26. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Monday, February 26, 2024, and so far it has fallen -3.30%. 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 The Hackett Group stock

The Hackett Group finds support from accumulated volume at $24.18 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 $0.330 between high and low, or 1.37%. For the last week the stock has had daily average volatility of 1.56%.

Our recommended stop-loss: $23.25 (-4.32%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 23 days ago.)

Trading Expectations (HCKT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect The Hackett Group to open at $24.26, and during the day (based on 14 day Average True Range), to move between $23.80 and $24.80, which gives a possible trading interval of +/-$0.501 (+/-2.06%) up or down from last closing price. If The Hackett Group takes out the full calculated possible swing range there will be an estimated 4.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $24.42 (0.49%) than the support at $24.18 (0.49%), 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 The Hackett Group 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 The Hackett Group stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.713 Buy Candidate Upgraded

Predicted Opening Price for The Hackett Group of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$24.26 ( 0.151%) $24.30

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

Trading levels for HCKT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 24.59 1.21 %
R2 24.47 0.688 %
R1 24.39 0.368 %
Current price: 24.30
Support S1 24.14 -0.670 %
S2 24.06 -0.99 %
S3 23.93 -1.51 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.05 3.09 %
R2 24.72 1.73 %
R1 24.42 0.494 %
Current price 24.30
Support S1 24.18 -0.494%
S2 23.40 -3.70%
S3 22.92 -5.68%

HCKT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2024 Mar 21, 2024 Apr 05, 2024 $0.110 0.452%
2 Nov 02, 2023 Dec 21, 2023 Jan 05, 2024 $0.110 0.500%
3 Aug 08, 2023 Sep 21, 2023 Oct 06, 2023 $0.110 0.463%
4 May 04, 2023 Jun 22, 2023 Jul 07, 2023 $0.110 0.503%
5 Feb 16, 2023 Mar 23, 2023 Apr 07, 2023 $0.110 0.595%

FAQ

What is the symbol for The Hackett Group Stock and on which exchange is it traded?
The symbol for The Hackett Group is HCKT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell The Hackett Group Stock?
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 The Hackett Group stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy The Hackett Group Stock?
The Hackett Group Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy The Hackett Group Stock.

What's the current price of The Hackett Group Stock?
As of the end of day on the 2024-03-28, the price of an The Hackett Group (HCKT) share was $24.30.

What is the 52-week high and low for The Hackett Group Stock?
The 52-week high for The Hackett Group Stock is $26.69 and the 52-week low is $17.18.

What is the market capitalization of The Hackett Group Stock?
As of the 2024-03-28, the market capitalization of The Hackett Group is 670.612M.

When is the next earnings date for The Hackett Group?
The upcoming earnings date for The Hackett Group is May 14, 2024.
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About The Hackett Group

The Hackett Group The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in North America and internationally. It offers best practice intelligence center, an online searchable repository; best practice accelerators that provide web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry for access to fact-based advice on proven approaches and methods; best... HCKT Profile

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