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 HQY
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HealthEquity stock upgraded from Buy Candidate to Strong Buy Candidate after Monday trading session.
(Updated on Feb 26, 2024)


Buy or Hold candidate since Jan 03, 2024 Gain 23.34% PDF
The HealthEquity stock price gained 1.54% on the last trading day (Monday, 26th Feb 2024), rising from $82.23 to $83.50. During the last trading day the stock fluctuated 2.87% from a day low at $81.74 to a day high of $84.08. The price has risen in 6 of the last 10 days and is up by 4.89% 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, 113 thousand more shares were traded than the day before. In total, 615 thousand shares were bought and sold for approximately $51.37 million.

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The stock lies in the middle of a wide and strong 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 26.17% during the next 3 months and, with a 90% probability hold a price between $96.07 and $108.16 at the end of this 3-month period.

HQY Signals & Forecast

Mostly positive signals in the chart today. The HealthEquity 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 $81.76 and $76.71. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, December 15, 2023, and so far it has risen 33.73%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

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Support, Risk & Stop-loss for HealthEquity stock

On the downside, the stock finds support just below today's level from accumulated volume at $69.33 and $67.71. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, HealthEquity finds support just below today's level at $69.33. If this is broken, then the next support from accumulated volume will be at $67.71 and $64.04.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.35 between high and low, or 2.87%. For the last week, the stock has had daily average volatility of 2.40%.

Our recommended stop-loss: $80.63 (-3.44%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 78 and this increases the risk substantially. There is a buy signal from a pivot bottom found 47 days ago.)

Trading Expectations (HQY) For The Upcoming Trading Day Of Tuesday 27th

For the upcoming trading day on Tuesday, 27th we expect HealthEquity to open at $83.11, and during the day (based on 14 day Average True Range), to move between $81.41 and $85.59, which gives a possible trading interval of +/-$2.09 (+/-2.51%) up or down from last closing price. If HealthEquity takes out the full calculated possible swing range there will be an estimated 5.01% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $69.33, some $14.17 (16.97%) from the current price of $83.50, our system finds the risk reward attractive.

Is HealthEquity stock A Buy?

HealthEquity holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 8.290 Open Broker Account

Strong Buy Candidate Upgraded

Predicted Opening Price for HealthEquity of Tuesday, February 27, 2024

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

Fair opening price February 27, 2024 Current price
$83.11 ( 0.473%) $83.50

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 85.45 2.34 %
R2 84.55 1.26 %
R1 84.00 0.600 %
Current price: 83.50
Support S1 82.21 -1.55 %
S2 81.66 -2.21 %
S3 80.76 -3.28 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 83.50
Support S1 69.33 -16.97%
S2 67.71 -18.91%
S3 64.04 -23.31%
What is the symbol for HealthEquity Stock and on which exchange is it traded?
The symbol for HealthEquity is HQY and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell HealthEquity Stock?
HealthEquity holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

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

What's the current price of HealthEquity Stock?
As of the end of day on the 2024-02-26, the price of an HealthEquity (HQY) share was $83.50.

What is the 52-week high and low for HealthEquity Stock?
The 52-week high for HealthEquity Stock is $84.08 and the 52-week low is $48.86.

What is the market capitalization of HealthEquity Stock?
As of the 2024-02-26, the market capitalization of HealthEquity is 7.055B.

When is the next earnings date for HealthEquity?
The upcoming earnings date for HealthEquity is Mar 19, 2024.

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About HealthEquity

HealthEquity HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company offers cloud-based platforms for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provi... HQY Profile

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