Harrow Health, Inc. 8.625% Senior Notes Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Harrow Health, Inc. 8.625% Senior Notes stock price up 0.355% on Friday
(Updated on Jun 28, 2024)
The Harrow Health, Inc. 8.625% Senior Notes stock price gained 0.355% on the last trading day (Friday, 28th Jun 2024), rising from $25.40 to $25.49. During the last trading day the stock fluctuated 0.469% from a day low at $25.37 to a day high of $25.49. The price has risen in 8 of the last 10 days and is up by 1.96% over the past 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 3 thousand shares were bought and sold for approximately $80.29 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
Given the current horizontal trend, you can expect Harrow Health, Inc. 8.625% Senior Notes stock with a 90% probability to be traded between $24.96 and $25.77 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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HROWL Signals & Forecast
The Harrow Health, Inc. 8.625% Senior Notes 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 $25.33 and $24.97. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 4.21%. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Friday, April 26, 2024 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.
Golden Star
The stock had a Golden Star Signal on Friday, April 26, 2024 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 Harrow Health, Inc. 8.625% Senior Notes stock
Harrow Health, Inc. 8.625% Senior Notes finds support from accumulated volume at $25.05 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 therefore the general risk is considered very 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 $0.119 between high and low, or 0.469%. For the last week the stock has had daily average volatility of 0.594%
Our recommended stop-loss: $24.71 (-3.06%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 54 days ago.)
Trading Expectations (HROWL) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Harrow Health, Inc. 8.625% Senior Notes Due 2026 to open at $25.45, and during the day (based on 14 day Average True Range), to move between $25.33 and $25.65, which gives a possible trading interval of +/-$0.159 (+/-0.62%) up or down from last closing price. If Harrow Health, Inc. 8.625% Senior Notes Due 2026 takes out the full calculated possible swing range there will be an estimated 1.24% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $25.05, some $0.440 (1.73%) from the current price of $25.49, our system finds the risk reward attractive.
Is Harrow Health, Inc. 8.625% Senior Notes Due 2026 stock A Buy?
Harrow Health, Inc. 8.625% Senior Notes holds several positive signals and is considered to be a good choice at current levels. We expect the Harrow Health, Inc. 8.625% Senior Notes stock to perform great in the short-term period.
Current score: 5.096 Strong Buy Candidate Unchanged
Predicted Opening Price for Harrow Health, Inc. 8.625% Senior Notes Due 2026 of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $25.45 ( 0.156%) | $25.49 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HROWL
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.57 | 0.311% |
| R2 | 25.52 | 0.133% |
| R1 | 25.50 | 0.0227% |
| Price | 25.49 | |
| S1 | 25.40 | -0.334% |
| S2 | 25.38 | -0.445% |
| S3 | 25.33 | -0.623% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 25.49 | |
| S1 | 25.05 | -1.73% |
| S2 | 24.80 | -2.71% |
| S3 | 24.77 | -2.82% |
HROWL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 12, 2024 | Apr 12, 2024 | Apr 30, 2024 | $0.539 | 2.17% |
| 2 | Jan 11, 2024 | Jan 11, 2024 | Jan 31, 2024 | $0.539 | 2.21% |
| 3 | Oct 12, 2023 | Oct 12, 2023 | Oct 31, 2023 | $0.539 | 2.30% |
| 4 | Jul 13, 2023 | Jul 13, 2023 | Jul 31, 2023 | $0.539 | 2.18% |
| 5 | Apr 05, 2023 | Apr 13, 2023 | Apr 30, 2023 | $0.539 | 2.25% |
FAQ
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