Hilltop Holdings Inc Stock Forecast
Hilltop Holdings Inc stock upgraded to Hold/Accumulate.
(Updated on May 01, 2024)
The Hilltop Holdings Inc stock price gained 3.04% on the last trading day (Wednesday, 1st May 2024), rising from $29.26 to $30.15. During the last trading day the stock fluctuated 3.77% from a day low at $29.62 to a day high of $30.74. The price has risen in 6 of the last 10 days and is up by 5.27% over the past 2 weeks. Volume fell on the last day by -26 thousand shares and in total, 160 thousand shares were bought and sold for approximately $4.81 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 lies the upper part of a falling 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 $30.43 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -4.17% during the next 3 months and, with a 90% probability hold a price between $27.24 and $29.16 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.
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HTH Signals & Forecast
The Hilltop Holdings Inc 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 $30.15 and $30.13. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen -1.28%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Thursday, November 30, 2023 in the long-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 12 Months
The stock had a Golden Star Signal on Thursday, November 30, 2023 in the long-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 Hilltop Holdings Inc stock
Hilltop Holdings Inc finds support from accumulated volume at $29.99 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 $1.12 (3.77%) between high and low. For the last week, the stock has had daily average volatility of 2.13%.
Our recommended stop-loss: $29.02 (-3.76%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (HTH) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Hilltop Holdings Inc to open at $30.17, and during the day (based on 14 day Average True Range), to move between $29.43 and $30.87, which gives a possible trading interval of +/-$0.717 (+/-2.38%) up or down from last closing price. If Hilltop Holdings Inc takes out the full calculated possible swing range there will be an estimated 4.76% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $29.99 (0.53%) than the resistance at $30.34 (0.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Hilltop Holdings Inc stock A Buy?
Hilltop Holdings Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.820 Hold/Accumulate Upgraded
Predicted Opening Price for Hilltop Holdings Inc of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $30.17 ( 0.0596%) | $30.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HTH
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 31.28 | 3.76 % | |
| R2 | 30.86 | 2.35 % | ||
| R1 | 30.59 | 1.47 % | ||
| Current price: | 30.15 | |||
| Support | S1 | 29.74 | -1.35 % | |
| S2 | 29.48 | -2.23 % | ||
| S3 | 29.05 | -3.64 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 30.57 | 1.39 % | |
| R2 | 30.54 | 1.29 % | ||
| R1 | 30.34 | 0.630 % | ||
| Current price | 30.15 | |||
| Support | S1 | 29.99 | -0.531% | |
| S2 | 29.49 | -2.19% | ||
| S3 | 29.05 | -3.65% |
HTH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 18, 2024 | May 09, 2024 | May 24, 2024 | $0.170 | 0.564% |
| 2 | Feb 09, 2024 | Feb 09, 2024 | Feb 28, 2024 | $0.170 | 0.555% |
| 3 | Oct 19, 2023 | Nov 10, 2023 | Nov 28, 2023 | $0.160 | 0.545% |
| 4 | Jul 20, 2023 | Aug 10, 2023 | Aug 25, 2023 | $0.160 | 0.535% |
| 5 | Apr 20, 2023 | May 09, 2023 | May 25, 2023 | $0.160 | 0.531% |
FAQ
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