Weaker Buy Today HAIN ranks #1103 as BUY CANDIDATE #1103 Stronger Buy

HAIN stock forecast The Hain Celestial Group

HAIN stock forecast

Wednesday May 22, 2019 Change -0.29% Price $23.83
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will HAIN stock price go up or down on Thu, 23 May 2019?

Predict

The Hain Celestial Group Forecast and Stock Analysis

Technical HAIN stock analysis for Wednesday May 22, 2019.

Buy candidate since 2019-05-21 Loss -0.29%
Shorts n/a
Insider % n/a
Institutional % n/a
Beta 0.54
ROA -8.13%
Price to book USD 1.61
P/E Ratio -11.80
Next Earnings Date 2019-08-27


The Hain Celestial Group fell by -0.29% in the last day ( Wednesday, 22nd May 2019 ) from $23.90 to $23.83 During day the stock fluctuated 2.80% from a day low at $23.59 to a day high of $24.25. The price has fallen in 6 of the last 10 days , but is still up by 0.34% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -1.58 million shares and in total 1.04 million shares bought and sold for approximately $24.86 million.

Quick summary:

  • 30 day high of the HAIN stock price was $25.15 and low was $21.37.
  • 90 day high was $25.15 and low was $17.15.
  • 52 week high for the The Hain Celestial Group - $31.53 and low - $14.45.

Trend

The Hain Celestial Group lies in the middle of a wide and 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 15.06% during the next 3 months and, with 90% probability hold a price between $25.80 and $29.87 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

The Hain Celestial Group holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $23.97. On a fall, the stock will find some support from the long-term average at approximately $22.64. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday May 21, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 66 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $21.56 and $20.75.

There is 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, The Hain Celestial Group finds support just below today's level at $21.56. If this is broken, then the next support from accumulated volume will be at $20.75 and $19.67.

Support: $21.56 Price: $23.83 Resistance: $23.90

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.66 between high and low, or 2.80%. For the last week, the stock has had a daily average volatility of 3.77%.

Our recommended stoploss: $22.81 (-4.27%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)

3.77 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

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 this stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Buy Candidate.

Buy Candidate Downgraded
Weaker Buy Today HAIN ranks #1103 as BUY CANDIDATE #1103 Stronger Buy
HAIN $23.83 ($-0.07 -0.29%)
HAIN is down $0.07 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for HAIN based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the HAIN analysis is free »

Will HAIN stock price go up or down
on Thu, 23 May 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank