Harvia Oyj Stock Forecast
Green day on Thursday for Harvia Oyj stock after gaining 0.157%
(Updated on Mar 28, 2024)
The Harvia Oyj stock price gained 0.157% on the last trading day (Thursday, 28th Mar 2024), rising from 38.26€ to 38.32€. During the last trading day the stock fluctuated 1.47% from a day low at 38.04€ to a day high of 38.60€. The price has risen in 8 of the last 10 days and is up by 9.11% over the past 2 weeks. Volume fell on the last day by -13 thousand shares and in total, 31 thousand shares were bought and sold for approximately 1.19€ 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 upper part of a wide and strong rising 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 38.95€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 49.29% during the next 3 months and, with a 90% probability hold a price between 50.89€ and 58.15€ 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.
HARVIA.HE Signals & Forecast
The Harvia Oyj 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 37.50€ and 34.24€. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -0.571%. Further fall is indicated until a new bottom pivot has been found. 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 also not. The stock had a Golden Star Signal on Monday, November 27, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Monday, November 27, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Harvia Oyj stock
Harvia Oyj finds support from accumulated volume at 37.02€ 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.560€ between high and low, or 1.47%. For the last week the stock has had daily average volatility of 2.20%.
The Harvia Oyj stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.
Our recommended stop-loss: 37.18€ (-2.97%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 87 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (HARVIA.HE) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect Harvia Oyj to open at 38.32€, and during the day (based on 14 day Average True Range), to move between 37.47€ and 39.17€, which gives a possible trading interval of +/-0.85€ (+/-2.21%) up or down from last closing price. If Harvia Oyj takes out the full calculated possible swing range there will be an estimated 4.41% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 38.54€ (0.57%) than the support at 37.02€ (3.39%), 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 Harvia Oyj 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 Harvia Oyj stock to perform well in the short-term.
Current score: 3.842 Buy Candidate Unchanged
Predicted Opening Price for Harvia Oyj of Tuesday, April 2, 2024
Fair opening price April 2, 2024 | Current price |
---|---|
38.32€ ( 0%) | 38.32€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HARVIA.HE
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 38.88 | 1.46 % | |
R2 | 38.67 | 0.90 % | ||
R1 | 38.53 | 0.558 % | ||
Current price: | 38.32 | |||
Support | S1 | 38.11 | -0.558 % | |
S2 | 37.97 | -0.90 % | ||
S3 | 37.76 | -1.46 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 38.54 | 0.574 % | ||
Current price | 38.32 | |||
Support | S1 | 37.02 | -3.39% | |
S2 | 35.76 | -6.68% | ||
S3 | 32.60 | -14.93% |
HARVIA Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 21, 2023 | Apr 21, 2023 | Apr 21, 2023 | 0.320€ | 1.46% |
2 | Oct 17, 2022 | Oct 17, 2022 | Oct 17, 2022 | 0.300€ | 2.16% |
3 | Apr 08, 2022 | Apr 08, 2022 | Apr 08, 2022 | 0.300€ | 0.84% |
4 | Oct 18, 2021 | Oct 18, 2021 | Oct 18, 2021 | 0.190€ | 0.367% |
5 | Apr 09, 2021 | Apr 09, 2021 | Apr 09, 2021 | 0.120€ | 0.379% |
FAQ
Click here for our free guide on how to buy Harvia Oyj Stock.