Hawaiian Telcom HoldCo Inc ETF Forecast
Hawaiian Telcom HoldCo Inc ETF price down 0.394% on Friday
(Updated on Jun 28, 2024)
The Hawaiian Telcom HoldCo Inc ETF price fell by -0.394% on the last day (Friday, 28th Jun 2024) from $15.21 to $15.15. During the last trading day the ETF fluctuated 0% from a day low at $15.15 to a day high of $15.15. The price has been going up and down for this period, and there has been a -0.2% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -25 thousand shares and in total, 5 thousand shares were bought and sold for approximately $77.22 thousand.
The ETF is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $15.06 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Hawaiian Telcom HoldCo Inc ETF with a 90% probability to be traded between $14.81 and $15.57 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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HCOM Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 0.531%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Hawaiian Telcom HoldCo Inc ETF 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 $15.21 and $15.39. 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). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Hawaiian Telcom HoldCo Inc ETF
Hawaiian Telcom HoldCo Inc finds support from accumulated volume at $15.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the ETF tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.309%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HCOM) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Hawaiian Telcom HoldCo Inc to open at $15.15, and during the day (based on 14 day Average True Range), to move between $15.06 and $15.24, which gives a possible trading interval of +/-$0.0872 (+/-0.58%) up or down from last closing price. If Hawaiian Telcom HoldCo Inc takes out the full calculated possible swing range there will be an estimated 1.15% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $15.21 (0.40%) than the support at $15.07 (0.53%), 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 Hawaiian Telcom HoldCo Inc ETF A Buy?
Hawaiian Telcom HoldCo Inc holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -3.812 Sell Candidate Unchanged
Predicted Opening Price for Hawaiian Telcom HoldCo Inc of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $15.15 ( 0%) | $15.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HCOM
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 15.15 | - |
| R2 | 15.15 | - |
| R1 | 15.15 | - |
| Price | 15.15 | |
| S1 | 15.15 | - |
| S2 | 15.15 | - |
| S3 | 15.15 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 15.68 | 3.50% |
| R2 | 15.34 | 1.25% |
| R1 | 15.21 | 0.396% |
| Price | 15.15 | |
| S1 | 15.07 | -0.528% |
| S2 | 0 | - |
| S3 | 0 | - |
HCOM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | $0.110 | 0.757% |
| 2 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.97 | 6.70% |
| 3 | Jan 31, 2022 | Dec 29, 2022 | Jan 04, 2023 | $0.110 | 0.678% |
| 4 | Sep 20, 2022 | Sep 21, 2022 | Sep 26, 2022 | $6.16 | 36.59% |
FAQ
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