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 HURC
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Green day on Thursday for Hurco Companies
(Updated on Mar 28, 2024)

Sell candidate since Mar 21, 2024 Loss -2.80% PDF

The Hurco Companies stock price gained 1.31% on the last trading day (Thursday, 28th Mar 2024), rising from $19.90 to $20.16. During the last trading day the stock fluctuated 2.34% from a day low at $19.70 to a day high of $20.16. The price has fallen in 6 of the last 10 days and is down by -3.91% for this period. Volume fell on the last day by -7 thousand shares and in total, 22 thousand shares were bought and sold for approximately $441.63 thousand. 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 lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $19.71 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.45% during the next 3 months and, with a 90% probability hold a price between $18.44 and $25.63 at the end of this 3-month period.

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HURC Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 1.97%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Hurco Companies 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 $20.19 and $23.42. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Hurco Companies stock

Hurco Companies finds support from accumulated volume at $20.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.460 between high and low, or 2.34%. For the last week the stock has had daily average volatility of 2.93%.

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

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

For the upcoming trading day on Monday, 1st we expect Hurco Companies to open at $20.01, and during the day (based on 14 day Average True Range), to move between $19.24 and $21.08, which gives a possible trading interval of +/-$0.92 (+/-4.59%) up or down from last closing price. If Hurco Companies takes out the full calculated possible swing range there will be an estimated 9.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $20.20 (0.20%) than the support at $20.00 (0.79%), 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 Hurco Companies stock A Buy?

Hurco Companies 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 stock.

Current score: -2.480 Sell Candidate Unchanged

Predicted Opening Price for Hurco Companies of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$20.01 ( 0.761%) $20.16

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

Trading levels for HURC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 20.47 1.52 %
R2 20.29 0.650 %
R1 20.18 0.111 %
Current price: 20.16
Support S1 19.83 -1.63 %
S2 19.72 -2.17 %
S3 19.55 -3.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.75 12.85 %
R2 21.23 5.31 %
R1 20.20 0.198 %
Current price 20.16
Support S1 20.00 -0.794%
S2 19.90 -1.29%
S3 19.78 -1.88%

HURC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 15, 2024 Mar 27, 2024 Apr 12, 2024 $0.160 0.794%
2 Nov 10, 2023 Dec 29, 2023 Jan 16, 2024 $0.160 0.672%
3 Sep 15, 2023 Sep 29, 2023 Oct 16, 2023 $0.160 0.741%
4 Jun 09, 2023 Jun 23, 2023 Jul 10, 2023 $0.160 0.746%
5 Mar 08, 2023 Mar 24, 2023 Apr 10, 2023 $0.160 0.601%

FAQ

What is the symbol for Hurco Companies Stock and on which exchange is it traded?
The symbol for Hurco Companies is HURC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Hurco Companies Stock?
Hurco Companies 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 stock.

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

What's the current price of Hurco Companies Stock?
As of the end of day on the 2024-03-28, the price of an Hurco Companies (HURC) share was $20.16.

What is the 52-week high and low for Hurco Companies Stock?
The 52-week high for Hurco Companies Stock is $28.20 and the 52-week low is $19.29.

What is the market capitalization of Hurco Companies Stock?
As of the 2024-03-28, the market capitalization of Hurco Companies is 131.162M.

When is the next earnings date for Hurco Companies?
The upcoming earnings date for Hurco Companies is May 31, 2024.
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About Hurco Companies

Hurco Companies Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. It also provides computer control systems and related software for press brake applications. In addit... HURC Profile

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