RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of JHX
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James Hardie Industries plc stock price up 1.58% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 22, 2024 Gain 5.67% PDF

The James Hardie Industries plc stock price gained 1.58% on the last trading day (Thursday, 28th Mar 2024), rising from $39.83 to $40.46. During the last trading day the stock fluctuated 1.96% from a day low at $39.85 to a day high of $40.63. The price has risen in 6 of the last 10 days and is up by 0.37% over the past 2 weeks. Volume fell on the last day by -9 thousand shares and in total, 40 thousand shares were bought and sold for approximately $1.60 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 in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.83% during the next 3 months and, with a 90% probability hold a price between $39.66 and $46.66 at the end of this 3-month period.

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JHX Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -2.62%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The James Hardie Industries plc 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 $39.92 and $39.24. A breakdown below any of these levels will issue sell signals. 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 for James Hardie Industries plc stock

On the downside, the stock finds support just below today's level from accumulated volume at $38.28 and $36.56. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, James Hardie Industries plc finds support just below today's level at $38.28. If this is broken, then the next support from accumulated volume will be at $36.56 and $35.83.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.780 between high and low, or 1.96%. For the last week the stock has had daily average volatility of 1.51%.

Our recommended stop-loss: $38.89 (-3.88%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (JHX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect James Hardie Industries plc to open at $40.31, and during the day (based on 14 day Average True Range), to move between $39.57 and $41.35, which gives a possible trading interval of +/-$0.89 (+/-2.19%) up or down from last closing price. If James Hardie Industries plc takes out the full calculated possible swing range there will be an estimated 4.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $40.78 (0.79%) than the support at $38.28 (5.39%), 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.

Is James Hardie Industries plc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for James Hardie Industries plc stock to perform well in the short-term.

Current score: 4.525 Buy Candidate Unchanged

Predicted Opening Price for James Hardie Industries plc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$40.31 ( 0.362%) $40.46

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

Trading levels for JHX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 41.09 1.57 %
R2 40.80 0.83 %
R1 40.61 0.374 %
Current price: 40.46
Support S1 40.02 -1.10 %
S2 39.83 -1.55 %
S3 39.53 -2.29 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 41.41 2.35 %
R2 41.07 1.51 %
R1 40.78 0.791 %
Current price 40.46
Support S1 38.28 -5.39%
S2 36.56 -9.64%
S3 35.83 -11.44%

JHX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 17, 2022 May 26, 2022 Jul 29, 2022 $0.300 1.21%
2 Nov 10, 2021 Nov 18, 2021 Dec 17, 2021 $0.400 1.02%
3 Feb 10, 2021 Feb 18, 2021 Apr 30, 2021 $0.700 2.11%
4 Jan 01, 1900 Nov 15, 2019 Dec 20, 2019 $0.100 0.504%
5 May 21, 2019 Jun 05, 2019 Aug 02, 2019 $0.260 1.91%

FAQ

What is the symbol for James Hardie Industries plc Stock and on which exchange is it traded?
The symbol for James Hardie Industries plc is JHX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell James Hardie Industries plc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for James Hardie Industries plc stock to perform well in the short-term.

How to buy James Hardie Industries plc Stock?
James Hardie Industries plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy James Hardie Industries plc Stock.

What's the current price of James Hardie Industries plc Stock?
As of the end of day on the 2024-03-28, the price of an James Hardie Industries plc (JHX) share was $40.46.

What is the 52-week high and low for James Hardie Industries plc Stock?
The 52-week high for James Hardie Industries plc Stock is $41.98 and the 52-week low is $21.14.

What is the market capitalization of James Hardie Industries plc Stock?
As of the 2024-03-28, the market capitalization of James Hardie Industries plc is 17.628B.

When is the next earnings date for James Hardie Industries plc?
The upcoming earnings date for James Hardie Industries plc is May 20, 2024.
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About James Hardie Industries plc

James Hardie Industries plc James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada. The company operates through three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. It offers fiber ce... JHX Profile

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