Host Hotels & Resorts Inc Stock Forecast
Red day on Thursday for Host Hotels & Resorts Inc stock after losing 0.80%
(Updated on Apr 18, 2024)
The Host Hotels & Resorts Inc stock price fell by -0.80% on the last day (Thursday, 18th Apr 2024) from $18.74 to $18.59. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 2.10% from a day low at $18.47 to a day high of $18.86. The price has fallen in 6 of the last 10 days and is down by -7.42% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 5 million shares were bought and sold for approximately $90.40 million.
The stock has broken the weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $19.67. A reaction back to this level may hold a second chance to get out before further falls.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
HST Signals & Forecast
There are few to no technical positive signals at the moment. The Host Hotels & Resorts Inc stock 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 $19.50 and $20.45. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -12.10%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Host Hotels & Resorts Inc stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.388 between high and low, or 2.10%. For the last week, the stock has had daily average volatility of 2.91%.
Host Hotels & Resorts Inc is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HST) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Host Hotels & Resorts Inc to open at $18.64, and during the day (based on 14 day Average True Range), to move between $18.12 and $19.06, which gives a possible trading interval of +/-$0.466 (+/-2.51%) up or down from last closing price. If Host Hotels & Resorts Inc takes out the full calculated possible swing range there will be an estimated 5.01% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $20.21, some $1.62 (8.71%) from the current price of $18.59, our system finds the risk reward not very attractive.
Is Host Hotels & Resorts Inc stock A Buy?
The Host Hotels & Resorts Inc stock holds several negative signals and despite the positive trend, we believe Host Hotels & Resorts Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.600 Sell Candidate Unchanged
Predicted Opening Price for Host Hotels & Resorts Inc of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $18.64 ( 0.272%) | $18.59 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HST
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.03 | 2.36 % | |
| R2 | 18.88 | 1.56 % | ||
| R1 | 18.79 | 1.07 % | ||
| Current price: | 18.59 | |||
| Support | S1 | 18.49 | -0.526 % | |
| S2 | 18.40 | -1.02 % | ||
| S3 | 18.25 | -1.82 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 20.66 | 11.14 % | |
| R2 | 20.27 | 9.04 % | ||
| R1 | 20.21 | 8.71 % | ||
| Current price | 18.59 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
HST Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 22, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.200 | 1.02% |
| 2 | Dec 15, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.450 | 2.27% |
| 3 | Sep 14, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.180 | 1.11% |
| 4 | Jun 14, 2023 | Jun 29, 2023 | Jul 17, 2023 | $0.150 | 0.86% |
| 5 | Feb 08, 2023 | Mar 30, 2023 | Apr 17, 2023 | $0.120 | 0.726% |
FAQ
Click here for our free guide on how to buy Host Hotels & Resorts Inc Stock.
