14-day Premium Trial Subscription Sign Up For FreeGet Free
Nasdaq - Total Crash or Bounce-Up? Click To Watch.

$14.15 (-0.42%)

Volume: 398.955k

Closed: Sep 26, 2022

Hollow Logo Score: -3.470

Heartland Express Stock Forecast

$14.15 (-0.42%)

Volume: 398.955k

Closed: Sep 26, 2022

Score Hollow Logo -3.470
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSI min/max Values: [ 25 - 75 ] RSI14 is 49 and the stock is currently not being overbought or oversold
Last Reaction
Be the first to comment on HTLD

Heartland Express stock downgraded to Sell Candidate
(Updated on Sep 26, 2022)


Sell candidate since 2022-09-26 PDF

The Heartland Express stock price fell by -0.42% on the last day (Monday, 26th Sep 2022) from $14.21 to $14.15. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 3.76% from a day low at $13.96 to a day high of $14.49. The price has fallen in 7 of the last 10 days and is down by -6.6% for this period. Volume has increased on the last day by 173 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, 399 thousand shares were bought and sold for approximately $5.65 million.

The stock has broken the wide and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $14.18. A reaction back to this level may hold a second chance to get out before further falls.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, September 16, 2022, and so far it has risen 0.21%. 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. The Heartland Express 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 $14.25 and $15.28. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Thursday, July 07, 2022 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.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Thursday, July 07, 2022 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

Heartland Express finds support from accumulated volume at $14.12 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.52 between high and low, or 3.76%. For the last week, the stock has had daily average volatility of 2.45%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations For The Upcoming Trading Day Of Tuesday 27th

For the upcoming trading day on Tuesday, 27th we expect Heartland Express to open at $14.20, and during the day (based on 14 day Average True Range), to move between $13.71 and $14.59, which gives a possible trading interval of +/-$0.44 (+/-3.13%) up or down from last closing price. If Heartland Express takes out the full calculated possible swing range there will be an estimated 6.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $14.12 (0.21%) than the resistance at $14.24 (0.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Heartland Express stock A Buy?

The Heartland Express stock holds several negative signals and despite the positive trend, we believe Heartland Express will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -3.470

Sell Candidate Downgraded

Predicted Opening Price for Heartland Express of Tuesday, September 27, 2022

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

Fair opening price September 27, 2022 Current price
$14.20 $14.15 (Undervalued)

Remember To Visit Our YouTube Channel

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 14.72 4.05 %
14.52 2.63 %
14.40 1.76 %
Current price: 14.15
Support 14.00 -1.08 %
13.87 -1.95 %
13.67 -3.37 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 15.15 7.07 %
14.68 3.75 %
14.24 0.64 %
Current price 14.15
Support 14.12 -0.21%
14.07 -0.57%
13.91 -1.70%

Click to get the best stock tips daily for free!

Hot Stocks To Watch:

About Heartland Express

Heartland Express Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California; and temperature-controlled truckload services. The company offers its services under the Heartland Express and Millis Transfer brand names. It primarily serves retai... HTLD Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT