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 HUN
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Huntsman Corporation stock price ended at $26.03 on Thursday, after gaining 0.502%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 1.09% PDF

The Huntsman Corporation stock price gained 0.502% on the last trading day (Thursday, 28th Mar 2024), rising from $25.90 to $26.03. During the last trading day the stock fluctuated 2.57% from a day low at $25.81 to a day high of $26.48. The price has fallen in 6 of the last 10 days but is still up by 3.33% over the past 2 weeks. Volume fell on the last day by -602 thousand shares and in total, 2 million shares were bought and sold for approximately $42.10 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 7.98% during the next 3 months and, with a 90% probability hold a price between $26.74 and $29.25 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

HUN Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -2.14%. 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). The Huntsman Corporation 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 $25.66 and $25.28. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Thursday, January 25, 2024 in the long-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.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, January 25, 2024 in the long-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.

Support, Risk & Stop-loss for Huntsman Corporation stock

Huntsman Corporation finds support from accumulated volume at $25.75 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.664 between high and low, or 2.57%. For the last week the stock has had daily average volatility of 1.68%.

Our recommended stop-loss: $25.03 (-3.85%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (HUN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Huntsman Corporation to open at $26.11, and during the day (based on 14 day Average True Range), to move between $25.46 and $26.60, which gives a possible trading interval of +/-$0.570 (+/-2.19%) up or down from last closing price. If Huntsman Corporation takes out the full calculated possible swing range there will be an estimated 4.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $26.13 (0.38%) than the support at $25.75 (1.08%), 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 Huntsman Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Huntsman Corporation stock to perform well in the short-term.

Current score: 2.213 Buy Candidate Unchanged

Predicted Opening Price for Huntsman Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$26.11 ( 0.289%) $26.03

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

Trading levels for HUN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 26.77 2.84 %
R2 26.52 1.87 %
R1 26.36 1.26 %
Current price: 26.03
Support S1 25.85 -0.686 %
S2 25.69 -1.29 %
S3 25.44 -2.26 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 26.60 2.19 %
R2 26.18 0.576 %
R1 26.13 0.384 %
Current price 26.03
Support S1 25.75 -1.08%
S2 24.80 -4.73%
S3 24.04 -7.65%

HUN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Mar 14, 2024 Mar 29, 2024 $0.250 0.96%
2 Nov 02, 2023 Dec 14, 2023 Dec 29, 2023 $0.240 0.96%
3 Aug 02, 2023 Sep 14, 2023 Sep 29, 2023 $0.238 0.97%
4 May 09, 2023 Jun 14, 2023 Jun 30, 2023 $0.238 0.88%
5 Feb 20, 2023 Mar 14, 2023 Mar 31, 2023 $0.238 0.87%

FAQ

What is the symbol for Huntsman Corporation Stock and on which exchange is it traded?
The symbol for Huntsman Corporation is HUN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Huntsman Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Huntsman Corporation stock to perform well in the short-term.

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

What's the current price of Huntsman Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Huntsman Corporation (HUN) share was $26.03.

What is the 52-week high and low for Huntsman Corporation Stock?
The 52-week high for Huntsman Corporation Stock is $29.89 and the 52-week low is $22.14.

What is the market capitalization of Huntsman Corporation Stock?
As of the 2024-03-28, the market capitalization of Huntsman Corporation is 4.484B.

When is the next earnings date for Huntsman Corporation?
The upcoming earnings date for Huntsman Corporation is May 03, 2024.
Click to get the best stock tips daily for free!

About Huntsman Corporation

Huntsman Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates through four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyols, thermoplastic polyurethane, propylene oxide, and methyl tertiary-butyl ether products. The Performance Products segment manufa... HUN Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT