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 JHS
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John Hancock Income Securities Trust stock price up 0.179% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 1.54% PDF

The John Hancock Income Securities Trust stock price gained 0.179% on the last trading day (Thursday, 28th Mar 2024), rising from $11.16 to $11.18. During the last trading day the stock fluctuated 1.43% from a day low at $11.05 to a day high of $11.21. The price has risen in 8 of the last 10 days and is up by 2.57% 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, 21 thousand more shares were traded than the day before. In total, 32 thousand shares were bought and sold for approximately $357.69 thousand.

The stock has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $11.17 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $11.64 sometime during the next 3 months.

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JHS Signals & Forecast

Mostly positive signals in the chart today. The John Hancock Income Securities Trust 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 $11.08 and $10.91. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 08, 2024, and so far it has risen 4.39%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). John Hancock Income Securities Trust has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. The stock had a Golden Star Signal on Tuesday, August 08, 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.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, August 08, 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 John Hancock Income Securities Trust stock

John Hancock Income Securities Trust finds support from accumulated volume at $10.82 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 $0.157 between high and low, or 1.43%. For the last week the stock has had daily average volatility of 1.10%.

The John Hancock Income Securities Trust stock is extremely overbought on RSI14 (89). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $10.66 (-4.69%) (This stock has low daily movements and this gives low risk. The RSI14 is 89 and this increases the risk substantially. There is a buy signal from a pivot bottom found 14 days ago.)

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

For the upcoming trading day on Monday, 1st we expect John Hancock Income Securities Trust to open at $11.15, and during the day (based on 14 day Average True Range), to move between $11.08 and $11.28, which gives a possible trading interval of +/-$0.101 (+/-0.90%) up or down from last closing price. If John Hancock Income Securities Trust takes out the full calculated possible swing range there will be an estimated 1.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.19 (0.09%) than the support at $10.82 (3.22%), 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 John Hancock Income Securities Trust stock A Buy?

Several short-term signals are positive and the stock has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for John Hancock Income Securities Trust stock to perform well in the short-term period.

Current score: 3.004 Buy Candidate Unchanged

Predicted Opening Price for John Hancock Income Securities Trust of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.15 ( 0.291%) $11.18

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

Trading levels for JHS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.30 1.12 %
R2 11.24 0.579 %
R1 11.21 0.247 %
Current price: 11.18
Support S1 11.09 -0.83 %
S2 11.05 -1.16 %
S3 10.99 -1.70 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 11.20 0.179 %
R1 11.19 0.0894 %
Current price 11.18
Support S1 10.82 -3.22%
S2 10.77 -3.67%
S3 10.75 -3.85%

JHS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 08, 2024 Mar 08, 2024 Mar 28, 2024 $0.110 0.98%
2 Dec 01, 2023 Dec 08, 2023 Dec 29, 2023 $0.128 1.17%
3 Sep 01, 2023 Sep 08, 2023 Sep 29, 2023 $0.0870 0.85%
4 Jun 01, 2023 Jun 09, 2023 Jun 30, 2023 $0.0990 0.92%
5 Mar 01, 2023 Mar 10, 2023 Dec 31, 2018 $0.0910 0.715%

FAQ

What is the symbol for John Hancock Income Securities Trust Stock and on which exchange is it traded?
The symbol for John Hancock Income Securities Trust is JHS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell John Hancock Income Securities Trust Stock?
Several short-term signals are positive and the stock has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for John Hancock Income Securities Trust stock to perform well in the short-term period.

How to buy John Hancock Income Securities Trust Stock?
John Hancock Income Securities Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy John Hancock Income Securities Trust Stock.

What's the current price of John Hancock Income Securities Trust Stock?
As of the end of day on the 2024-03-28, the price of an John Hancock Income Securities Trust (JHS) share was $11.18.

What is the 52-week high and low for John Hancock Income Securities Trust Stock?
The 52-week high for John Hancock Income Securities Trust Stock is $11.24 and the 52-week low is $9.76.

What is the market capitalization of John Hancock Income Securities Trust Stock?
As of the 2024-03-28, the market capitalization of John Hancock Income Securities Trust is 130.209M.
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About John Hancock Income Securities Trust

John Hancock Income Securities Trust is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years. The fund benchmarks the performance of its portfolios against the Lehman Brothers Government/ Credit... JHS Profile

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