Hilton Worldwide Holdings Inc Stock Forecast
Red day on Thursday for Hilton Worldwide Holdings Inc stock after losing 0.83%
(Updated on Apr 18, 2024)
The Hilton Worldwide Holdings Inc stock price fell by -0.83% on the last day (Thursday, 18th Apr 2024) from $200.48 to $198.82. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 2.11% from a day low at $197.93 to a day high of $202.10. The price has fallen in 8 of the last 10 days and is down by -4.78% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -598 thousand shares and in total, 1 million shares were bought and sold for approximately $248.26 million.
Given the current short-term trend, the stock is expected to rise 11.22% during the next 3 months and, with a 90% probability hold a price between $221.12 and $244.34 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
HLT Signals & Forecast
There are few to no technical positive signals at the moment. The Hilton Worldwide Holdings Inc stock 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 $204.53 and $207.65. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -7.24%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Hilton Worldwide Holdings Inc stock
Hilton Worldwide Holdings Inc finds support from accumulated volume at $194.62 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 $4.17 between high and low, or 2.11%. For the last week the stock has had daily average volatility of 2.18%.
Hilton Worldwide Holdings Inc is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HLT) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Hilton Worldwide Holdings Inc to open at $199.61, and during the day (based on 14 day Average True Range), to move between $195.23 and $202.41, which gives a possible trading interval of +/-$3.59 (+/-1.80%) up or down from last closing price. If Hilton Worldwide Holdings Inc takes out the full calculated possible swing range there will be an estimated 3.61% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $200.48 (0.83%) than the support at $194.62 (2.11%), 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
Hilton Worldwide Holdings Inc will release earnings BMO on Wednesday, April 24, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.42. We will update the financials statements for Hilton Worldwide Holdings Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.86% in the first trading day after earnings release.
Is Hilton Worldwide Holdings Inc stock A Buy?
The Hilton Worldwide Holdings Inc stock holds several negative signals and despite the positive trend, we believe Hilton Worldwide Holdings Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.756 Sell Candidate Unchanged
Predicted Opening Price for Hilton Worldwide Holdings Inc of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $199.61 ( 0.400%) | $198.82 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HLT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 203.79 | 2.50 % | |
| R2 | 202.20 | 1.70 % | ||
| R1 | 201.21 | 1.20 % | ||
| Current price: | 198.82 | |||
| Support | S1 | 198.02 | -0.402 % | |
| S2 | 197.03 | -0.90 % | ||
| S3 | 195.44 | -1.70 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 206.50 | 3.86 % | |
| R2 | 204.66 | 2.94 % | ||
| R1 | 200.48 | 0.83 % | ||
| Current price | 198.82 | |||
| Support | S1 | 194.62 | -2.11% | |
| S2 | 190.11 | -4.38% | ||
| S3 | 187.38 | -5.75% |
HLT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 07, 2024 | Feb 22, 2024 | Mar 28, 2024 | $0.150 | 0.0703% |
| 2 | Oct 25, 2023 | Nov 16, 2023 | Dec 29, 2023 | $0.150 | 0.0824% |
| 3 | Jul 26, 2023 | Aug 24, 2023 | Sep 29, 2023 | $0.150 | 0.0999% |
| 4 | Apr 26, 2023 | May 18, 2023 | Jun 30, 2023 | $0.150 | 0.103% |
| 5 | Feb 09, 2023 | Feb 27, 2023 | Mar 31, 2023 | $0.150 | 0.106% |
FAQ
Click here for our free guide on how to buy Hilton Worldwide Holdings Inc Stock.
