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$16.67 (0.54%)

Volume: 719k

Closed: Dec 07, 2021

Hollow Logo Score: 1.969

Hercules Capital Inc Stock Forecast

$16.67 (0.54%)

Volume: 719k

Closed: Dec 07, 2021

Score Hollow Logo 1.969
Which way will HTGC go? Request
Tue, Dec 07, 2021 Buy Candidate Upgraded
Stop-loss: $15.80 (-5.19%)
Key Stats
P/E Ratio 6.03
Beta 0.67
Trailing Dividend Rate 7.6% ($1.26)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 33 and the stock is currently not being overbought or oversold

Hercules Capital Inc stock upgraded from Hold/Accumulate to Buy Candidate after Tuesday trading session.
(Updated on Dec 07, 2021)


Buy or Hold candidate since 2021-12-03 Gain 1.28%

The Hercules Capital Inc stock price gained 0.54% on the last trading day (Tuesday, 7th Dec 2021), rising from $16.58 to $16.67. , and has now gained 5 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 day the stock fluctuated 0.96% from a day low at $16.59 to a day high of $16.75. The price has been going up and down for this period, and there has been a 0.24% gain for the last 2 weeks. Volume fell on the last day by -35 thousand shares and in total, 719 thousand shares were bought and sold for approximately $11.98 million. 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.

The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $16.35 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Hercules Capital Inc stock with a 90% probability to be traded between $16.51 and $18.32 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.

Signals & Forecast

There are mixed signals in the stock today. The Hercules Capital Inc stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $17.17. On a fall, the stock will find some support from the short-term average at $16.49. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Wednesday, December 01, 2021, and so far it has risen 2.02%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss

Hercules Capital Inc finds support from accumulated volume at $16.63 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.16 (0.96%) between high and low. For the last week, the stock has had a daily average volatility of 1.26%.

Our recommended stop-loss: $15.80 (-5.19%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)

Is Hercules Capital Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Hercules Capital Inc stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.969

Predicted Opening Price for Hercules Capital Inc of Wednesday, December 8, 2021

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

Fair opening price December 8, 2021 Current price
$16.67 $16.67 (Undervalued)
Buy Candidate Upgraded

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Analyst Ratings

On Nov 01, 2021 "Royal Bank of Canada" gave "$19.00" rating for HTGC. The price target was set to $18.07+2.3%.

Volatility and Risk
Daily Average Volatility: 1.26 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.26 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $16.71
Price: $16.67
Support: $16.63

HTGC Insider Trading Show all Trades

INSIDER POWER

0.454

Last 100 transactions
Buy: 200 330 | Sell: 441 009 (Shares)
Date Action Amount Person Type
Nov 15, 2021 Sell 80 000 Bluestein Scott Common Stock
Nov 01, 2021 Buy 1 971 Randhawa Paramjeet K Common Stock
Oct 31, 2021 Sell 10 924 Bluestein Scott Common Stock
Oct 31, 2021 Buy 24 630 Bluestein Scott Common Stock
Oct 31, 2021 Sell 24 630 Bluestein Scott Restricted Stock Units
Show all Insider Trades
INSIDER POWER

0.454

Last 100 transactions
Buy: 200 330 | Sell: 441 009 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 16.83 0.96 %
16.77 0.59 %
16.73 0.37 %
Current price: 16.67
Support 16.61 -0.37 %
16.57 -0.59 %
16.51 -0.96 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 17.89 7.32 %
17.33 3.96 %
16.71 0.24 %
Current price 16.67
Support 16.63 -0.24%
16.57 -0.60%
16.54 -0.78%

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About Hercules Capital Inc

Hercules Capital Hercules Capital, Inc., formerly known as Hercules Technology Growth Capital, Inc., is a business development company specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapit... Read more

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