Janus Henderson Group Plc Stock Forecast
Stronger technical forecast for Janus Henderson Group Plc stock price after Wednesday trading.
(Updated on Mar 27, 2024)
The Janus Henderson Group Plc stock price gained 2.49% on the last trading day (Wednesday, 27th Mar 2024), rising from $32.18 to $32.98. During the last trading day the stock fluctuated 1.96% from a day low at $32.35 to a day high of $32.98. The price has been going up and down for this period, and there has been a 3.65% gain 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, 613 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $61.31 million.
The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $33.30 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 12.04% during the next 3 months and, with a 90% probability hold a price between $35.14 and $37.31 at the end of this 3-month period.
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JHG Signals & Forecast
The Janus Henderson Group Plc 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 $32.17 and $31.41. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 6.35%. 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). The stock had a Golden Star Signal on Monday, May 01, 2023 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.
Golden Star 12 Months
The stock had a Golden Star Signal on Monday, May 01, 2023 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 Janus Henderson Group Plc stock
On the downside, the stock finds support just below today's level from accumulated volume at $30.97 and $30.03. 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, Janus Henderson Group Plc finds support just below today's level at $30.97. If this is broken, then the next support from accumulated volume will be at $30.03 and $29.05.
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 $0.635 between high and low, or 1.96%. For the last week the stock has had daily average volatility of 1.90%.
Our recommended stop-loss: $31.66 (-4.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (JHG) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Janus Henderson Group Plc to open at $32.77, and during the day (based on 14 day Average True Range), to move between $32.37 and $33.59, which gives a possible trading interval of +/-$0.607 (+/-1.84%) up or down from last closing price. If Janus Henderson Group Plc takes out the full calculated possible swing range there will be an estimated 3.68% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $30.97, some $2.01 (6.09%) from the current price of $32.98, our system finds the risk reward attractive.
Is Janus Henderson Group Plc stock A Buy?
Janus Henderson Group Plc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 6.824 Strong Buy Candidate Upgraded
Predicted Opening Price for Janus Henderson Group Plc of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$32.77 ( 0.642%) | $32.98 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JHG
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 33.40 | 1.28 % | |
R2 | 33.16 | 0.548 % | ||
R1 | 33.01 | 0.0937 % | ||
Current price: | 32.98 | |||
Support | S1 | 32.53 | -1.38 % | |
S2 | 32.38 | -1.83 % | ||
S3 | 32.13 | -2.57 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 32.98 | |||
Support | S1 | 30.97 | -6.09% | |
S2 | 30.03 | -8.94% | ||
S3 | 29.05 | -11.92% |
JHG Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jan 31, 2024 | Feb 09, 2024 | Feb 28, 2024 | $0.390 | 1.26% |
2 | Oct 31, 2023 | Nov 10, 2023 | Nov 30, 2023 | $0.390 | 1.49% |
3 | Aug 01, 2023 | Aug 11, 2023 | Aug 30, 2023 | $0.390 | 1.43% |
4 | May 02, 2023 | May 12, 2023 | May 31, 2023 | $0.390 | 1.48% |
5 | Feb 01, 2023 | Feb 10, 2023 | Feb 28, 2023 | $0.390 | 1.42% |
FAQ
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