HUBB Stock Forecast & Hubbell Incorporated Chart Analysis
This article provides a detailed analysis of HUBB-Hubbell Incorporated stock including a forecast for HUBB shares. It features Hubbell Incorporated technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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HUBB Historical Data Review
HUBB Current Price Performance Analysis
The Hubbell Incorporated - HUBB stock traded on the American stock market, on 06-05-2024, closed at 381.62$ with a %2.65 increased compared to the previous day.
In the last month, the price of HUBB changed by %-1.64 decreased in value, from 388.0 dollars on 05-06-2024 to 381.62 dollars, decreased.
Last year, the price of HUBB was 296.17 dollars on 06-06-2023, and changed by %28.85 increased in value, to 381.62 dollars increased within a year.
The price of Hubbell Incorporated stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
HUBB with AI Stock Forecast & Price Target
On the HUBB chart Hubbell Incorporated price was recorded as 381.62 Dollars on 06/05/2024.
The artificial intelligence's forecast on HUBB stock is as follows.
The artificial intelligence's prediction error margin for HUBB stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Hubbell Incorporated stock over the next 4 months is: 440.1 Dollars.
The commentary on HUBB stock Target Price: Highest: 508.105 Dollars is predicted.
The commentary on HUBB stock Target Price: Lowest: 380.026 Dollars is predicted.
Resistance Price where Hubbell Incorporated stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-10-2024 | 394.844 |
07-30-2024 | 395.077 |
12-12-2024 | 508.105 |
02-10-2025 | 479.498 |
Support Price where Hubbell Incorporated stock will Fall and Rise:
Date | Price Prediction |
---|---|
06-25-2024 | 392.088 |
07-15-2024 | 394.177 |
09-03-2024 | 380.026 |
01-16-2025 | 471.380 |
04-11-2025 | 440.389 |
The commentary on HUBB stock: Fluctuations in the target price can be expected in the coming days.
The target price for Hubbell Incorporated stock by the end of 2024 is predicted to be 487.453 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on HUBB stock, and the 2024 target price predictions for Hubbell Incorporated are detailed above.
The technical analysis and charts for the commentary on HUBB stock are below.
HUBB Support & Resistance and Trend Analysis
HUBB stock you have reviewed the technical analysis support resistance charts regarding.
HUBB : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the HUBB review, the Hubbell Incorporated support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Hubbell Incorporated Support and Resistance Prices:
HUBB Support Level Price | HUBB Resistance Level Price |
---|---|
293.91 | 310.89 |
315.38 | 326.88 |
342.85 | 330.00 |
347.73 | 365.47 |
365.89 | 371.50 |
378.25 | 411.86 |
398.36 | 413.63 |
415.76 | |
429.61 |
HUBB Technical Analysis: SMA, RSI, MACD
Upon reviewing the HUBB chart, buy and sell signals have been generated in the Hubbell Incorporated technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for HUBB stock are as follows:- The technical analysis for HUBB indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Hubbell Incorporated indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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