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 HCSG
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Weaker technical forecast for Healthcare Services Group as stock downgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 0.48% PDF

The Healthcare Services Group stock price fell by -0.399% on the last day (Thursday, 28th Mar 2024) from $12.53 to $12.48. During the last trading day the stock fluctuated 1.32% from a day low at $12.46 to a day high of $12.62. The price has fallen in 5 of the last 10 days but is still up by 2.97% over the past 2 weeks. Volume has increased on the last day by 115 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 339 thousand shares were bought and sold for approximately $4.23 million.

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 34.29% during the next 3 months and, with a 90% probability hold a price between $15.00 and $18.73 at the end of this 3-month period.

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HCSG Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, March 01, 2024, and so far it has fallen -2.80%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Healthcare Services Group 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 $12.32 and $12.05. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Healthcare Services Group stock

Healthcare Services Group finds support from accumulated volume at $12.03 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 $0.165 (1.32%) between high and low. For the last week, the stock has had daily average volatility of 1.84%.

Our recommended stop-loss: $12.08 (-3.22%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 19 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Healthcare Services Group to open at $12.52, and during the day (based on 14 day Average True Range), to move between $12.19 and $12.77, which gives a possible trading interval of +/-$0.286 (+/-2.29%) up or down from last closing price. If Healthcare Services Group takes out the full calculated possible swing range there will be an estimated 4.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.68 (1.60%) than the support at $12.03 (3.61%), 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 Healthcare Services Group stock A Buy?

Healthcare Services Group holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.578 Hold/Accumulate Downgraded

Predicted Opening Price for Healthcare Services Group of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$12.52 ( 0.307%) $12.48

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

Trading levels for HCSG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.68 1.63 %
R2 12.62 1.12 %
R1 12.58 0.81 %
Current price: 12.48
Support S1 12.46 -0.198 %
S2 12.42 -0.510 %
S3 12.35 -1.01 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.84 2.88 %
R2 12.76 2.24 %
R1 12.68 1.60 %
Current price 12.48
Support S1 12.03 -3.61%
S2 10.36 -16.99%
S3 9.44 -24.36%

HCSG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 19, 2022 Nov 17, 2022 Dec 22, 2022 $0.215 1.78%
2 Jul 20, 2022 Aug 18, 2022 Sep 23, 2022 $0.214 1.66%
3 Apr 20, 2022 May 19, 2022 Jun 24, 2022 $0.213 1.24%
4 Feb 09, 2022 Feb 24, 2022 Mar 25, 2022 $0.211 1.20%
5 Oct 20, 2021 Nov 18, 2021 Dec 23, 2021 $0.210 1.22%

FAQ

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

Should I buy or sell Healthcare Services Group Stock?
Healthcare Services Group holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Healthcare Services Group Stock?
Healthcare Services 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 Healthcare Services Group Stock.

What's the current price of Healthcare Services Group Stock?
As of the end of day on the 2024-03-28, the price of an Healthcare Services Group (HCSG) share was $12.48.

What is the 52-week high and low for Healthcare Services Group Stock?
The 52-week high for Healthcare Services Group Stock is $15.97 and the 52-week low is $8.75.

What is the market capitalization of Healthcare Services Group Stock?
As of the 2024-03-28, the market capitalization of Healthcare Services Group is 918.317M.

When is the next earnings date for Healthcare Services Group?
The upcoming earnings date for Healthcare Services Group is Apr 24, 2024.
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About Healthcare Services Group

Healthcare Services Group Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common... HCSG Profile

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