JHSF Participações S.A. Stock Forecast
Red day on Friday for JHSF Participações S.A.
(Updated on May 10, 2024)
No changes to the price of JHSF Participações S.A. stock on the last trading day (Friday, 10th May 2024). During the last trading day the stock fluctuated 3.84% from a day low at R$4.17 to a day high of R$4.33. The price has been going up and down for this period, and there has been a -3% loss for the last 2 weeks.
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 R$4.06 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect JHSF Participações S.A. stock with a 90% probability to be traded between R$4.00 and R$4.78 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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JHSF3.SA Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 2.94%. 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 JHSF Participações S.A. 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 R$4.26 and R$4.38. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for JHSF Participações S.A. stock
JHSF Participações S.A. finds support from accumulated volume at R$4.14 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 R$0.160 (3.84%) between high and low. For the last week, the stock has had daily average volatility of 2.63%.
Our recommended stop-loss: R$3.95 (-5.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 19 days ago.)
Trading Expectations (JHSF3.SA) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect JHSF Participações S.A. to open at R$4.23, and during the day (based on 14 day Average True Range), to move between R$4.07 and R$4.33, which gives a possible trading interval of +/-R$0.128 (+/-3.05%) up or down from last closing price. If JHSF Participações S.A. takes out the full calculated possible swing range there will be an estimated 6.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at R$4.26 (1.43%) than the support at R$4.14 (1.43%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Earnings coming up
JHSF Participações S.A. will release earnings BMO on Tuesday, May 14, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.120. We will update the financials statements for JHSF Participações S.A., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.49% in the first trading day after earnings release.
Is JHSF Participações S.A. stock A Buy?
JHSF Participações S.A. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.724 Hold/Accumulate Unchanged
Predicted Opening Price for JHSF Participações S.A. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| R$4.23 ( 0.794%) | R$4.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JHSF3.SA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.39 | 4.60 % | |
| R2 | 4.33 | 3.15 % | ||
| R1 | 4.29 | 2.25 % | ||
| Current price: | 4.20 | |||
| Support | S1 | 4.17 | -0.662 % | |
| S2 | 4.13 | -1.56 % | ||
| S3 | 4.07 | -3.02 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.35 | 3.57 % | |
| R2 | 4.29 | 2.14 % | ||
| R1 | 4.26 | 1.43 % | ||
| Current price | 4.20 | |||
| Support | S1 | 4.14 | -1.43% | |
| S2 | 4.11 | -2.14% | ||
| S3 | 4.08 | -2.86% |
JHSF3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 30, 2024 | Aug 30, 2024 | Sep 09, 2024 | R$0.0308 | 0.733% |
| 2 | Aug 01, 2024 | Aug 01, 2024 | Aug 09, 2024 | R$0.0308 | 0.733% |
| 3 | Jul 01, 2024 | Jul 01, 2024 | Jul 10, 2024 | R$0.0308 | 0.733% |
| 4 | May 31, 2024 | May 31, 2024 | Jun 10, 2024 | R$0.0308 | 0.733% |
| 5 | Apr 30, 2024 | Apr 30, 2024 | May 09, 2024 | R$0.0308 | 0.733% |
FAQ
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