Hawthorn Bancshares, Inc Stock Forecast
Green day on Tuesday for Hawthorn Bancshares, Inc
(Updated on Jul 02, 2024)
The Hawthorn Bancshares, Inc stock price gained 0.349% on the last trading day (Tuesday, 2nd Jul 2024), rising from $20.03 to $20.10. During the last trading day the stock fluctuated 0.450% from a day low at $20.01 to a day high of $20.10. The price has risen in 6 of the last 10 days and is up by 1.62% over the past 2 weeks. Volume fell on the last day by -17 thousand shares and in total, 1 thousand shares were bought and sold for approximately $24.64 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.
The stock lies the upper part of a wide and 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 $20.61 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 -3.43% during the next 3 months and, with a 90% probability hold a price between $17.11 and $19.90 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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HWBK Signals & Forecast
The Hawthorn Bancshares, 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 $19.90 and $19.58. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 10.26%. 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.
Support, Risk & Stop-loss for Hawthorn Bancshares, Inc stock
Hawthorn Bancshares, Inc finds support from accumulated volume at $19.75 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 $0.0900 between high and low, or 0.450%. For the last week the stock has had daily average volatility of 4.47%
Our recommended stop-loss: $19.46 (-3.16%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 63 days ago.)
Trading Expectations (HWBK) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Hawthorn Bancshares, Inc to open at $20.07, and during the day (based on 14 day Average True Range), to move between $19.56 and $20.64, which gives a possible trading interval of +/-$0.545 (+/-2.71%) up or down from last closing price. If Hawthorn Bancshares, Inc takes out the full calculated possible swing range there will be an estimated 5.42% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $19.75 (1.74%) than the resistance at $20.50 (1.99%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Hawthorn Bancshares, Inc stock A Buy?
Hawthorn Bancshares, 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.
Current score: 0.614 Hold/Accumulate Unchanged
Predicted Opening Price for Hawthorn Bancshares, Inc of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $20.07 ( 0.149%) | $20.10 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HWBK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20.16 | 0.299% |
| R2 | 20.13 | 0.127% |
| R1 | 20.10 | 0.0218% |
| Price | 20.10 | |
| S1 | 20.04 | -0.320% |
| S2 | 20.01 | -0.426% |
| S3 | 19.98 | -0.597% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 21.10 | 4.98% |
| R2 | 20.80 | 3.48% |
| R1 | 20.50 | 1.99% |
| Price | 20.10 | |
| S1 | 19.75 | -1.74% |
| S2 | 19.40 | -3.48% |
| S3 | 18.23 | -9.30% |
HWBK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 15, 2024 | Jun 15, 2024 | Jul 01, 2024 | $0.190 | 0.95% |
| 2 | Apr 24, 2024 | Jun 14, 2024 | Jul 01, 2024 | $0.190 | 0.95% |
| 3 | Jan 30, 2024 | Mar 14, 2024 | Apr 01, 2024 | $0.170 | 0.81% |
| 4 | Oct 25, 2023 | Dec 14, 2023 | Jan 01, 2024 | $0.170 | 0.670% |
| 5 | Jul 26, 2023 | Sep 14, 2023 | Oct 01, 2023 | $0.170 | 1.05% |
FAQ
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