Hennessy Advisors Stock Forecast

Hold candidate since Jun 18, 2026 Loss -1.86%

The Hennessy Advisors stock price fell by -1.86% on the last day (Monday, 22nd Jun 2026) from $10.23 to $10.04. During the last trading day the stock fluctuated 3.44% from a day low at $9.89 to a day high of $10.23. The price has been going up and down for this period, and there has been a 2.66% gain for the last 2 weeks. 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 -13 thousand shares and in total, 4 thousand shares were bought and sold for approximately $37.91 thousand.

The stock lies in the middle of a weak 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 3.20% during the next 3 months and, with a 90% probability hold a price between $10.15 and $10.81 at the end of this 3-month period.

HNNA Signals & Forecast

The Hennessy Advisors stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $9.93 and $10.02. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 05, 2026, and so far it has risen 2.66%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Wednesday, April 08, 2026 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Hennessy Advisors stock

Hennessy Advisors finds support from accumulated volume at $9.92 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 controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.340 between high and low, or 3.44%. For the last week the stock has had daily average volatility of 2.74%.

Our recommended stop-loss: $9.50 (-5.37%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (HNNA) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Hennessy Advisors to open at $10.05, and during the day (based on 14 day Average True Range), to move between $9.91 and $10.17, which gives a possible trading interval of +/-$0.251 (+/-2.53%) up or down from last closing price. If Hennessy Advisors takes out the full calculated possible swing range there will be an estimated 2.53% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.10 (0.60%) than the support at $9.92 (1.20%), 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 Hennessy Advisors stock A Buy?

Hennessy Advisors 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: -0.191 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $10.05 ( 0.133%).

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