Hovnanian Enterprises Stock Forecast

Hold candidate since Jun 13, 2025 Loss -0.24%

The Hovnanian Enterprises Inc stock price fell by -0.119% on the last day (Tuesday, 17th Jun 2025) from $16.23 to $16.21. During the last trading day the stock fluctuated 0.242% from a day low at $16.21 to a day high of $16.25. The price has fallen in 6 of the last 10 days and is down by -0.54% for this period. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 12 thousand shares were bought and sold for approximately $189.50 thousand.

The stock lies in the middle of a narrow and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.77% during the next 3 months and, with a 90% probability hold a price between $14.82 and $15.29 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

HOVNP Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 02, 2025, and so far it has risen 0.688%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Hovnanian Enterprises 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 $16.24 and $16.33. A break-up above any of these levels will issue buy signals. Hovnanian Enterprises Inc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Hovnanian Enterprises Inc stock

Hovnanian Enterprises Inc finds support from accumulated volume at $16.20 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 $0.0393 between high and low, or 0.242%. For the last week the stock has had daily average volatility of 1.11%.

Our recommended stop-loss: $15.44 (-4.78%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 11 days ago.)

Trading Expectations (HOVNP) For The Upcoming Trading Day Of Wednesday 18th

For the upcoming trading day on Wednesday, 18th we expect Hovnanian Enterprises Inc to open at $16.22, and during the day (based on 14 day Average True Range), to move between $16.01 and $16.41, which gives a possible trading interval of +/-$0.204 (+/-1.26%) up or down from last closing price. If Hovnanian Enterprises Inc takes out the full calculated possible swing range there will be an estimated 2.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $16.20 (0.07%) than the resistance at $16.50 (1.78%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Dividend Warning For HOVNP

Dividend coming up for HOVNP: Ex-dividend date (Tuesday 1st July, 2025) is 12 days away. The dividend is $0.480.

Is Hovnanian Enterprises Inc stock A Buy?

Hovnanian Enterprises Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.786 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 18, 2025 - $16.22 ( 0.0808%).

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