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 HRB
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H&R Block Inc stock price up 2.61% on Wednesday
(Updated on Mar 27, 2024)

Hold candidate since Mar 25, 2024 Gain 1.95% PDF

The H&R Block Inc stock price gained 2.61% on the last trading day (Wednesday, 27th Mar 2024), rising from $47.42 to $48.66. During the last trading day the stock fluctuated 2.23% from a day low at $47.64 to a day high of $48.70. The price has risen in 6 of the last 10 days and is up by 2.03% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 18 thousand more shares were traded than the day before. In total, 739 thousand shares were bought and sold for approximately $35.96 million.

The stock lies in the middle of a weak 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 2.75% during the next 3 months and, with a 90% probability hold a price between $47.86 and $52.27 at the end of this 3-month period.

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HRB Signals & Forecast

The H&R Block 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 $48.02 and $47.88. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 4.33%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for H&R Block Inc stock

H&R Block Inc finds support from accumulated volume at $47.77 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.06 (2.23%) between high and low. For the last week, the stock has had daily average volatility of 1.99%.

Our recommended stop-loss: $46.22 (-5.01%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect H&R Block Inc to open at $48.33, and during the day (based on 14 day Average True Range), to move between $47.52 and $49.80, which gives a possible trading interval of +/-$1.14 (+/-2.34%) up or down from last closing price. If H&R Block Inc takes out the full calculated possible swing range there will be an estimated 4.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $49.12 (0.95%) than the support at $47.77 (1.83%), 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 H&R Block Inc stock A Buy?

H&R Block Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.572 Hold/Accumulate Unchanged

Predicted Opening Price for H&R Block Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$48.33 ( 0.671%) $48.66

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

Trading levels for HRB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 49.39 1.51 %
R2 48.99 0.675 %
R1 48.74 0.161 %
Current price: 48.66
Support S1 47.93 -1.50 %
S2 47.68 -2.02 %
S3 47.27 -2.85 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 50.49 3.76 %
R2 49.37 1.46 %
R1 49.12 0.95 %
Current price 48.66
Support S1 47.77 -1.83%
S2 46.69 -4.05%
S3 46.45 -4.54%

HRB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 31, 2024 Mar 04, 2024 Apr 03, 2024 $0.320 0.658%
2 Nov 02, 2023 Dec 04, 2023 Jan 04, 2024 $0.320 0.671%
3 Aug 15, 2023 Sep 06, 2023 Oct 04, 2023 $0.320 0.763%
4 May 01, 2023 Jun 06, 2023 Jul 06, 2023 $0.290 0.93%
5 Feb 01, 2023 Mar 06, 2023 Apr 05, 2023 $0.290 0.84%

FAQ

What is the symbol for H&R Block Inc Stock and on which exchange is it traded?
The symbol for H&R Block Inc is HRB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell H&R Block Inc Stock?
H&R Block Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy H&R Block Inc Stock?
H&R Block 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 H&R Block Inc Stock.

What's the current price of H&R Block Inc Stock?
As of the end of day on the 2024-03-27, the price of an H&R Block Inc (HRB) share was $48.66.

What is the 52-week high and low for H&R Block Inc Stock?
The 52-week high for H&R Block Inc Stock is $52.90 and the 52-week low is $28.83.

What is the market capitalization of H&R Block Inc Stock?
As of the 2024-03-27, the market capitalization of H&R Block Inc is 6.789B.

When is the next earnings date for H&R Block Inc?
The upcoming earnings date for H&R Block Inc is May 14, 2024.
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About H&R Block Inc

H&R Block H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or its franchisees. It also provides DIY tax services and product... HRB Profile

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