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.
AI Analysis of HOOK
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Green day on Wednesday for Hookipa Pharma Inc.
(Updated on Mar 27, 2024)

Sell candidate since Mar 22, 2024 Gain 1.31% PDF

The Hookipa Pharma Inc. stock price gained 0.195% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.719 to $0.720. During the last trading day the stock fluctuated 4.12% from a day low at $0.701 to a day high of $0.730. The price has been going up and down for this period, and there has been a -2.85% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 286 thousand more shares were traded than the day before. In total, 415 thousand shares were bought and sold for approximately $299.14 thousand.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Hookipa Pharma Inc. stock with a 90% probability to be traded between $0.597 and $0.795 at the end of this 3-month period. 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 top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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HOOK Signals & Forecast

The Hookipa Pharma 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 $0.718 and $0.713. A breakdown below any of these levels will issue sell signals. Hookipa Pharma Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. 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 Monday, March 04, 2024, and so far it has fallen -10.95%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Hookipa Pharma Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.666 and $0.665. There is a 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, Hookipa Pharma Inc. finds support just below today's level at $0.666. If this is broken, then the next support from accumulated volume will be at $0.665 and $0.630.

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 $0.0289 between high and low, or 4.12%. For the last week, the stock has had daily average volatility of 4.56%.

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

Trading Expectations (HOOK) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Hookipa Pharma Inc. to open at $0.717, and during the day (based on 14 day Average True Range), to move between $0.674 and $0.767, which gives a possible trading interval of +/-$0.0464 (+/-6.44%) up or down from last closing price. If Hookipa Pharma Inc. takes out the full calculated possible swing range there will be an estimated 12.87% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.750 (4.09%) than the support at $0.666 (7.57%), 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 Hookipa Pharma Inc. stock A Buy?

Hookipa Pharma Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.773 Sell Candidate Unchanged

Predicted Opening Price for Hookipa Pharma Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.717 ( 0.458%) $0.720

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

Trading levels for HOOK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.746 3.55 %
R2 0.735 2.02 %
R1 0.728 1.07 %
Current price: 0.720
Support S1 0.706 -1.99 %
S2 0.699 -2.94 %
S3 0.688 -4.47 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.81 12.44 %
R2 0.80 11.05 %
R1 0.750 4.09 %
Current price 0.720
Support S1 0.666 -7.57%
S2 0.665 -7.69%
S3 0.630 -12.55%

FAQ

What is the symbol for Hookipa Pharma Inc. Stock and on which exchange is it traded?
The symbol for Hookipa Pharma Inc. is HOOK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Hookipa Pharma Inc. Stock?
Hookipa Pharma Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

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

What's the current price of Hookipa Pharma Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Hookipa Pharma Inc. (HOOK) share was $0.720.

What is the 52-week high and low for Hookipa Pharma Inc. Stock?
The 52-week high for Hookipa Pharma Inc. Stock is $2.05 and the 52-week low is $0.410.

What is the market capitalization of Hookipa Pharma Inc. Stock?
As of the 2024-03-27, the market capitalization of Hookipa Pharma Inc. is 58.749M.

When is the next earnings date for Hookipa Pharma Inc.?
The upcoming earnings date for Hookipa Pharma Inc. is May 09, 2024.
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About Hookipa Pharma Inc.

Hookipa Pharma. HOOKIPA Pharma Inc., a clinical stage biopharmaceutical company, develops immunotherapeutics targeting infectious diseases and cancers based on its proprietary arenavirus platform. The company's lead infectious disease product candidate is HB-101, which is in a randomized double-blinded Phase II clinical trial in patients awaiting kidney transplantation from cytomegalovirus-positive donors. Its lead oncology product candidates are HB-201 and HB-2... HOOK Profile

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