National Health Investors Inc Stock Forecast
Green day on Friday for National Health Investors Inc stock after gaining 0.447%
(Updated on Apr 26, 2024)
The National Health Investors Inc stock price gained 0.447% on the last trading day (Friday, 26th Apr 2024), rising from $62.61 to $62.89. During the last trading day the stock fluctuated 0.85% from a day low at $62.83 to a day high of $63.37. The price has risen in 8 of the last 10 days and is up by 7.65% over the past 2 weeks. Volume fell on the last day by -22 thousand shares and in total, 83 thousand shares were bought and sold for approximately $5.23 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 strong 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 17.39% during the next 3 months and, with a 90% probability hold a price between $70.72 and $77.45 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
NHI Signals & Forecast
Mostly positive signals in the chart today. The National Health Investors 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 $62.20 and $60.65. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 10, 2024, and so far it has risen 7.78%. 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). 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 National Health Investors Inc stock
National Health Investors Inc finds support from accumulated volume at $59.89 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 $0.535 between high and low, or 0.85%. For the last week, the stock has had daily average volatility of 1.56%.
Our recommended stop-loss: $60.34 (-4.06%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (NHI) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect National Health Investors Inc to open at $63.03, and during the day (based on 14 day Average True Range), to move between $61.75 and $64.03, which gives a possible trading interval of +/-$1.14 (+/-1.81%) up or down from last closing price. If National Health Investors Inc takes out the full calculated possible swing range there will be an estimated 3.62% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $59.89, some $3.00 (4.77%) from the current price of $62.89, our system finds the risk reward attractive.
Is National Health Investors Inc 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 National Health Investors Inc stock to perform well in the short-term.
Current score: 4.519 Buy Candidate Unchanged
Predicted Opening Price for National Health Investors Inc of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $63.03 ( 0.220%) | $62.89 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NHI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 63.56 | 1.07 % | |
| R2 | 63.36 | 0.746 % | ||
| R1 | 63.23 | 0.545 % | ||
| Current price: | 62.89 | |||
| Support | S1 | 62.82 | -0.105 % | |
| S2 | 62.70 | -0.306 % | ||
| S3 | 62.49 | -0.631 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 62.89 | |||
| Support | S1 | 59.89 | -4.77% | |
| S2 | 57.47 | -8.62% | ||
| S3 | 56.76 | -9.75% |
NHI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 20, 2024 | Mar 27, 2024 | May 03, 2024 | $0.90 | 1.43% |
| 2 | Nov 07, 2023 | Dec 28, 2023 | Jan 26, 2024 | $0.90 | 1.65% |
| 3 | Aug 08, 2023 | Sep 28, 2023 | Nov 03, 2023 | $0.90 | 1.75% |
| 4 | May 09, 2023 | Jun 29, 2023 | Aug 04, 2023 | $0.90 | 1.65% |
| 5 | Feb 21, 2023 | Mar 30, 2023 | May 05, 2023 | $0.90 | 1.83% |
FAQ
Click here for our free guide on how to buy National Health Investors Inc Stock.
