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 HELE
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Helen of Troy Limited stock upgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Helen of Troy Limited stock price gained 0.261% on the last trading day (Thursday, 28th Mar 2024), rising from $114.94 to $115.24. During the last trading day the stock fluctuated 1.32% from a day low at $114.62 to a day high of $116.13. The price has risen in 6 of the last 10 days but is still down by -1.58% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 86 thousand more shares were traded than the day before. In total, 243 thousand shares were bought and sold for approximately $27.96 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Helen of Troy Limited stock with a 90% probability to be traded between $109.20 and $123.74 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 stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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HELE Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 2.42%. Further rise is indicated until a new top pivot has been found. 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. The Helen of Troy Limited stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $120.08. On a fall, the stock will find some support from the short-term average at $114.43. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Friday, March 22, 2024 and based on theory for this formation the price should go up by 18.88% to $137.00 within 33 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for Helen of Troy Limited stock

Helen of Troy Limited finds support from accumulated volume at $114.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.51 between high and low, or 1.32%. For the last week, the stock has had daily average volatility of 2.10%.

Our recommended stop-loss: $108.71 (-5.67%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Helen of Troy Limited to open at $115.33, and during the day (based on 14 day Average True Range), to move between $112.40 and $118.08, which gives a possible trading interval of +/-$2.84 (+/-2.46%) up or down from last closing price. If Helen of Troy Limited takes out the full calculated possible swing range there will be an estimated 4.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $114.84 (0.35%) than the resistance at $115.98 (0.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Helen of Troy Limited stock A Buy?

Helen of Troy Limited 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.622 Hold/Accumulate Upgraded

Predicted Opening Price for Helen of Troy Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$115.33 ( 0.0781%) $115.24

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

Trading levels for HELE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 116.84 1.39 %
R2 116.26 0.89 %
R1 115.91 0.579 %
Current price: 115.24
Support S1 114.75 -0.422 %
S2 114.40 -0.732 %
S3 113.82 -1.23 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 122.07 5.93 %
R2 121.16 5.14 %
R1 115.98 0.642 %
Current price 115.24
Support S1 114.84 -0.347%
S2 114.50 -0.642%
S3 111.98 -2.83%

FAQ

What is the symbol for Helen of Troy Limited Stock and on which exchange is it traded?
The symbol for Helen of Troy Limited is HELE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Helen of Troy Limited Stock?
Helen of Troy Limited 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Helen of Troy Limited Stock?
Helen of Troy Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Helen of Troy Limited Stock.

What's the current price of Helen of Troy Limited Stock?
As of the end of day on the 2024-03-28, the price of an Helen of Troy Limited (HELE) share was $115.24.

What is the 52-week high and low for Helen of Troy Limited Stock?
The 52-week high for Helen of Troy Limited Stock is $143.68 and the 52-week low is $81.16.

What is the market capitalization of Helen of Troy Limited Stock?
As of the 2024-03-28, the market capitalization of Helen of Troy Limited is 2.737B.

When is the next earnings date for Helen of Troy Limited?
The upcoming earnings date for Helen of Troy Limited is Apr 24, 2024.
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About Helen of Troy Limited

Helen of Troy Limited Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments: Home & Outdoor, Health & Wellness, and Beauty. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning prod... HELE Profile

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