Hapag-Lloyd Aktiengesellschaft Stock Forecast
Green day on Friday for Hapag-Lloyd Aktiengesellschaft
(Updated on May 10, 2024)
The Hapag-Lloyd Aktiengesellschaft stock price gained 4.13% on the last trading day (Friday, 10th May 2024), rising from 160.00€ to 166.60€. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 6.92% from a day low at 159.00€ to a day high of 170.00€. The price has been going up and down for this period, and there has been a -2.17% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 10 thousand more shares were traded than the day before. In total, 29 thousand shares were bought and sold for approximately 4.90€ million.
The stock lies in the middle of a very 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 23.13% during the next 3 months and, with a 90% probability hold a price between 165.92€ and 222.64€ at the end of this 3-month period.
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HLAG.F Signals & Forecast
The Hapag-Lloyd Aktiengesellschaft 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 151.47€ and 147.70€. 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 Wednesday, April 24, 2024, and so far it has fallen -4.64%. 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 Hapag-Lloyd Aktiengesellschaft stock
On the downside, the stock finds support just below today's level from accumulated volume at 151.00€ and 142.50€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Hapag-Lloyd Aktiengesellschaft finds support just below today's level at 151.00€. If this is broken, then the next support from accumulated volume will be at 142.50€ and 139.70€.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 11.00€ between high and low, or 6.92%. For the last week, the stock has had daily average volatility of 7.70%.
Our recommended stop-loss: 158.81€ (-4.67%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 11 days ago.)
Trading Expectations (HLAG.F) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Hapag-Lloyd Aktiengesellschaft to open at 165.20€, and during the day (based on 14 day Average True Range), to move between 157.19€ and 176.01€, which gives a possible trading interval of +/-9.41€ (+/-5.65%) up or down from last closing price. If Hapag-Lloyd Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 11.29% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 167.80€ (0.72%) than the support at 151.00€ (9.36%), 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.
Earnings coming up
Hapag-Lloyd Aktiengesellschaft will release earnings BMO on Wednesday, May 15, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.620. We will update the financials statements for Hapag-Lloyd Aktiengesellschaft, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 10.42% in the first trading day after earnings release.
Is Hapag-Lloyd Aktiengesellschaft 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 Hapag-Lloyd Aktiengesellschaft stock to perform well in the short-term.
Current score: 4.252 Buy Candidate Unchanged
Predicted Opening Price for Hapag-Lloyd Aktiengesellschaft of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| 165.20€ ( 0.84%) | 166.60€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HLAG.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 176.20 | 5.76 % | |
| R2 | 172.00 | 3.24 % | ||
| R1 | 169.40 | 1.68 % | ||
| Current price: | 166.60 | |||
| Support | S1 | 161.00 | -3.36 % | |
| S2 | 158.40 | -4.92 % | ||
| S3 | 154.20 | -7.44 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 174.70 | 4.86 % | |
| R2 | 168.50 | 1.14 % | ||
| R1 | 167.80 | 0.720 % | ||
| Current price | 166.60 | |||
| Support | S1 | 151.00 | -9.36% | |
| S2 | 142.50 | -14.47% | ||
| S3 | 139.70 | -16.15% |
HLAG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 02, 2024 | May 02, 2024 | May 06, 2024 | 9.25€ | 0% |
| 2 | May 04, 2023 | May 04, 2023 | May 04, 2023 | 63.00€ | 0% |
| 3 | May 26, 2022 | May 26, 2022 | May 26, 2022 | 35.00€ | 0% |
| 4 | May 31, 2021 | May 31, 2021 | May 31, 2021 | 3.50€ | 0% |
| 5 | May 12, 2020 | Jun 08, 2020 | Jun 10, 2020 | 1.10€ | 0% |
FAQ
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