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 HOLX
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Hologic stock price ended at $77.96 on Thursday, after gaining 0.789%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 06, 2024 Gain 3.67% PDF

The Hologic stock price gained 0.789% on the last trading day (Thursday, 28th Mar 2024), rising from $77.35 to $77.96. 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 1.37% from a day low at $77.10 to a day high of $78.16. The price has risen in 7 of the last 10 days and is up by 3.48% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 508 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $126.27 million.

The stock lies in the upper part of a narrow and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $78.01 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.67% during the next 3 months and, with a 90% probability hold a price between $78.81 and $82.44 at the end of this 3-month period.

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HOLX Signals & Forecast

The Hologic 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 $76.14 and $75.18. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 3.89%. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Hologic stock

Hologic finds support from accumulated volume at $75.91 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 $1.06 between high and low, or 1.37%. For the last week the stock has had daily average volatility of 1.30%.

Our recommended stop-loss: $74.21 (-4.81%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Hologic to open at $77.74, and during the day (based on 14 day Average True Range), to move between $76.75 and $79.17, which gives a possible trading interval of +/-$1.21 (+/-1.55%) up or down from last closing price. If Hologic takes out the full calculated possible swing range there will be an estimated 3.11% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $75.91, some $2.05 (2.63%) from the current price of $77.96, our system finds the risk reward attractive.

Is Hologic 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 Hologic stock to perform well in the short-term.

Current score: 3.791 Buy Candidate Unchanged

Predicted Opening Price for Hologic of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$77.74 ( 0.282%) $77.96

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

Trading levels for HOLX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 78.80 1.08 %
R2 78.40 0.558 %
R1 78.14 0.237 %
Current price: 77.96
Support S1 77.34 -0.80 %
S2 77.08 -1.12 %
S3 76.68 -1.64 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 77.96
Support S1 75.91 -2.63%
S2 73.80 -5.34%
S3 72.44 -7.08%

FAQ

What is the symbol for Hologic Stock and on which exchange is it traded?
The symbol for Hologic is HOLX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Hologic Stock?
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 Hologic stock to perform well in the short-term.

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

What's the current price of Hologic Stock?
As of the end of day on the 2024-03-28, the price of an Hologic (HOLX) share was $77.96.

What is the 52-week high and low for Hologic Stock?
The 52-week high for Hologic Stock is $87.88 and the 52-week low is $64.03.

What is the market capitalization of Hologic Stock?
As of the 2024-03-28, the market capitalization of Hologic is 17.88B.

When is the next earnings date for Hologic?
The upcoming earnings date for Hologic is May 06, 2024.
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About Hologic

Hologic Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment in the United States, Europe, the Asia-Pacific, and internationally. It operates through four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. The company provides Aptima molecular diagnostic assays to detect the infectious microorganisms; Aptima vi... HOLX Profile

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