Weaker Buy Today HAS.L ranks #1257 as BUY CANDIDATE. Stronger Buy
Today HAS.L ranks #1257 as BUY CANDIDATE.

HAS.L stock Hasbro, Inc

HAS.L stock
Hasbro, Inc

April 24, 2019
Change 2.94%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Sell
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will HAS.L stock price go up or down on Fri, 26 Apr 2019?

Hasbro, Inc Forecast and Stock Analysis

Technical HAS.L stock analysis for April 24, 2019.

Buy candidate since 2019-04-24
Shorts n/a
Cash n/a
Loans n/a
Beta 0.98
ROA 4.18

Hasbro, Inc gained 2.94% in the last trading day, rising from £152.90 to £157.40 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 5 of the last 10 days and is up by 3.08% over the past 2 weeks. Volume fell in the last day by -0.07 million shares, and in total, 6.05 million shares bought and sold for approximately £951.99 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the HAS.L stock was £157.40. This is 2.94% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 3.55% from a day low at £152.00 to a day high of £157.40.

30 day high of the HAS.L stock price was £163.50 and low was £145.30.
90 day high was £163.50 and low was £144.20.
52 week high for the Hasbro, Inc - £213.40 and low - £134.60.

Trend

Given the current horizontal trend you can expect Hasbro, Inc with 90% probability to be traded between £144.77 and £162.09 at the end of this period with 90% probability. 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 roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Hasbro, Inc holds buy signals from both short- and long-term moving averages. In addition, 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 £156.39 and £153.29. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday April 18, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

The stock had a Golden Star Signal* on Thursday March 14, 2019 in the short-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.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 58 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Hasbro, Inc finds support from accumulated volume at £152.40.

Support: £152.40 Price: £157.40 Resistance: £158.10

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £5.40 (3.55%) between high and low. For the last week, the stock has had a daily average volatility of 4.37%.

Our recommended stoploss: £151.58 (-3.70%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals 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 period. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.

Weaker Buy Today HAS.L ranks #1257 as BUY CANDIDATE. Stronger Buy
Today HAS.L ranks #1257 as BUY CANDIDATE.