HilleVax, Inc. Stock Forecast
Big movements in HilleVax, Inc. stock price on Thursday moving 10.73% between high and low
(Updated on Mar 28, 2024)
The HilleVax, Inc. stock price gained 6.47% on the last trading day (Thursday, 28th Mar 2024), rising from $15.62 to $16.63. During the last trading day the stock fluctuated 10.73% from a day low at $15.56 to a day high of $17.23. The price has fallen in 6 of the last 10 days and is down by -6.05% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 154 thousand more shares were traded than the day before. In total, 217 thousand shares were bought and sold for approximately $3.61 million.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $15.67 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.98% during the next 3 months and, with a 90% probability hold a price between $18.49 and $24.40 at the end of this 3-month period.
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HLVX Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, March 27, 2024, and so far it has risen 6.47%. 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 HilleVax, Inc. 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 $16.80. On a fall, the stock will find some support from the short-term average at $16.18. 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).
Support, Risk & Stop-loss for HilleVax, Inc. stock
HilleVax, Inc. finds support from accumulated volume at $15.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $1.67 between high and low, or 10.73%. For the last week, the stock has had daily average volatility of 8.08%.
Our recommended stop-loss: $15.92 (-4.28%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 1 day ago.)
Trading Expectations (HLVX) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect HilleVax, Inc. to open at $16.47, and during the day (based on 14 day Average True Range), to move between $15.66 and $17.60, which gives a possible trading interval of +/-$0.97 (+/-5.85%) up or down from last closing price. If HilleVax, Inc. takes out the full calculated possible swing range there will be an estimated 11.71% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $15.82 (4.87%) than the resistance at $18.00 (8.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is HilleVax, Inc. stock A Buy?
HilleVax, Inc. 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.
Current score: 0.066 Hold/Accumulate Unchanged
Predicted Opening Price for HilleVax, Inc. of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$16.47 ( 0.94%) | $16.63 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HLVX
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 18.14 | 9.10 % | |
R2 | 17.51 | 5.26 % | ||
R1 | 17.11 | 2.89 % | ||
Current price: | 16.63 | |||
Support | S1 | 15.84 | -4.78 % | |
S2 | 15.44 | -7.15 % | ||
S3 | 14.80 | -10.98 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 19.75 | 18.76 % | |
R2 | 19.00 | 14.25 % | ||
R1 | 18.00 | 8.24 % | ||
Current price | 16.63 | |||
Support | S1 | 15.82 | -4.87% | |
S2 | 15.35 | -7.70% | ||
S3 | 15.00 | -9.80% |
FAQ
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