RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HWDN.L
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Howden Joinery Group Plc stock price up 0.337% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 29, 2024 Gain 8.00% PDF

The Howden Joinery Group Plc stock price gained 0.337% on the last trading day (Wednesday, 27th Mar 2024), rising from £890.20 to £893.20. During the last trading day the stock fluctuated 0.87% from a day low at £893.20 to a day high of £901.00. The price has fallen in 6 of the last 10 days but is still up by 2.24% over the past 2 weeks. Volume fell on the last day by -393 thousand shares and in total, 1 million shares were bought and sold for approximately £942.21 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 has broken the strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at £883.19, a level that may pose a second chance to hit a runner. According to fan-theory £933.10 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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HWDN.L Signals & Forecast

The Howden Joinery 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 £875.37 and £834.00. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 05, 2024, and so far it has risen 15.82%. Further rise is indicated until a new top pivot has been found. 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. 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).

Support, Risk & Stop-loss for Howden Joinery Group Plc stock

Howden Joinery Group Plc finds support from accumulated volume at £873.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 £7.80 between high and low, or 0.87%. For the last week, the stock has had daily average volatility of 1.79%.

Our recommended stop-loss: £864.08 (-3.26%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 37 days ago.)

Trading Expectations (HWDN.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Howden Joinery Group Plc to open at £895.80, and during the day (based on 14 day Average True Range), to move between £876.68 and £909.72, which gives a possible trading interval of +/-£16.52 (+/-1.85%) up or down from last closing price. If Howden Joinery Group Plc takes out the full calculated possible swing range there will be an estimated 3.70% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ £873.60, some £19.60 (2.19%) from the current price of £893.20, our system finds the risk reward attractive.

Is Howden Joinery Group Plc stock A Buy?

Howden Joinery Group Plc holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 5.089 Strong Buy Candidate Unchanged

Predicted Opening Price for Howden Joinery Group Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£895.80 ( 0.291%) £893.20

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

Trading levels for HWDN.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 903.60 1.16 %
R2 900.62 0.83 %
R1 898.78 0.625 %
Current price: 893.20
Support S1 892.82 -0.0425 %
S2 890.98 -0.249 %
S3 888.00 -0.582 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 893.20
Support S1 873.60 -2.19%
S2 827.00 -7.41%
S3 771.60 -13.61%

HWDN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 11, 2024 Apr 11, 2024 May 24, 2024 £16.20 1.81%
2 Feb 23, 2023 Apr 06, 2023 May 19, 2023 £15.90 2.34%
3 Jul 21, 2022 Oct 13, 2022 Nov 18, 2022 £4.70 0.789%
4 Feb 24, 2022 Apr 07, 2022 May 20, 2022 £15.20 2.33%
5 Jul 22, 2021 Oct 14, 2021 Nov 19, 2021 £4.30 0.468%

FAQ

What is the symbol for Howden Joinery Group Plc Stock and on which exchange is it traded?
The symbol for Howden Joinery Group Plc is HWDN.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Howden Joinery Group Plc Stock?
Howden Joinery Group Plc holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

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

What's the current price of Howden Joinery Group Plc Stock?
As of the end of day on the 2024-03-27, the price of an Howden Joinery Group Plc (HWDN.L) share was £893.20.

What is the 52-week high and low for Howden Joinery Group Plc Stock?
The 52-week high for Howden Joinery Group Plc Stock is £901.00 and the 52-week low is £612.00.

What is the market capitalization of Howden Joinery Group Plc Stock?
As of the 2024-03-27, the market capitalization of Howden Joinery Group Plc is 4.901B.

When is the next earnings date for Howden Joinery Group Plc?
The upcoming earnings date for Howden Joinery Group Plc is Jul 25, 2024.
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About Howden Joinery Group Plc

Howden Joinery Group Plc Howden Joinery Group Plc, a trade kitchen supplier, provides various products across kitchens, joinery, and hardware in the United Kingdom, France, and Belgium. It offers kitchen cabinets, surfaces, fittings, storages, fitted kitchens, kitchen doors, sinks, and taps, as well as appliances; joinery products, such as sliding wardrobe doors, door fittings, stairs and parts, floors, skirting boards, mouldings, doors, and architrave products; and appl... HWDN.L Profile

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