NASDAQ:HDP
Delisted

Hortonworks Fund Forecast

$14.68
+0 (+0%)
At Close: Jan 18, 2019
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.

Red day on Friday for Hortonworks
(Updated on Jan 18, 2019)

Sell candidate since Dec 13, 2018 Loss -9.10% PDF

No changes to the price of Hortonworks fund on the last trading day (Friday, 18th Jan 2019). During the last trading day the fund fluctuated 0% from a day low at $14.68 to a day high of $14.68. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The fund lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the fund is expected to fall -19.10% during the next 3 months and, with a 90% probability hold a price between $9.19 and $13.00 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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HDP Signals & Forecast

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. The Hortonworks fund holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $14.68 and $15.08. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, January 17, 2019, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Hortonworks fund

Hortonworks finds support from accumulated volume at $14.45 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (HDP) For The Upcoming Trading Day Of Tuesday 22nd

For the upcoming trading day on Tuesday, 22nd we expect Hortonworks to open at $14.68, and during the day (based on 14 day Average True Range), to move between $14.30 and $15.06, which gives a possible trading interval of +/-$0.380 (+/-2.59%) up or down from last closing price. If Hortonworks takes out the full calculated possible swing range there will be an estimated 5.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $14.83 (1.02%) than the support at $14.45 (1.57%), 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 Hortonworks fund A Buy?

Hortonworks holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this fund.

Current score: -3.090 Sell Candidate Unchanged

Predicted Opening Price for Hortonworks of Tuesday, January 22, 2019

Fair opening price January 22, 2019 Current price
$14.68 ( 0%) $14.68

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

Trading levels for HDP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 14.68 .
R2 14.68 .
R1 14.68 .
Current price: 14.68
Support S1 14.68 .
S2 14.68 .
S3 14.68 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 16.24 10.63 %
R2 15.76 7.36 %
R1 14.83 1.02 %
Current price 14.68
Support S1 14.45 -1.57%
S2 13.78 -6.13%
S3 13.48 -8.17%

FAQ

What is the symbol for Hortonworks Fund and on which exchange is it traded?
The symbol for Hortonworks is HDP and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Hortonworks Fund?
Hortonworks holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this fund.

How to buy Hortonworks Fund?
Hortonworks Fund can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Hortonworks Fund.

What's the current price of Hortonworks Fund?
As of the end of day on the 2019-01-18, the price of an Hortonworks (HDP) share was $14.68.

What is the 52-week high and low for Hortonworks Fund?
The 52-week high for Hortonworks Fund is $26.22 and the 52-week low is $13.15.
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About Hortonworks

Hortonworks, Inc. focuses on the development, distribution, and support of Hadoop open source project in the United States and internationally. It offers Hortonworks Data Platform (HDP), an enterprise-grade data management platform that enables its customers to capture, store, process, and analyze increasing amounts of existing and new data types without the need to replace their existing data center infrastructure. The company also provides Hort... HDP Profile

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