Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of HCDI will decline by -100.00% over the next 2 Weeks and hit - by Tuesday, January 30, 2024. In that time frame, HCDI's share price is expected to range between - and $0.03.
BearishAverageBullishHCDI shares fell -37.62% in Wednesday, December 20, 2023's trading session, dropping from a previous close of $0.32 to move at $0.20. The stock demonstrated notable intraday movement (see HCDI's key stats for a full breakdown), fluctuating between $0.18 and $0.25, a +39.25% trading range. While recent weeks have seen some volatility, HCDI has managed to secure a +37.24% gain over the past 2 weeks. The downward price movement was accompanied by decreased trading volume, with approximately 2.93K shares changing hands, 1.11K fewer than the previous session. This amounted to $582.08 in total market activity.
Will HCDI Continue Its Trend?
According to analyst ratings and projections for HCDI, Harbor Custom Development, Inc. shares are anticipated to remain stable by -, potentially reaching - per share by January 30, 2024. Short-term technical indicators for HCDI currently suggest a bearish sentiment. This aligns with the stock's recent performance, as it has recorded 19 negative trading days within the past 30 sessions. Based on the HCDI stock forecast, now is not the best time to buy HCDI stock because its current trading price is - our predicted value, hinting at a possible . For deeper insights, view our sentiment analysis on HCDI covering social and institutional perspectives.
HCDI Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into HCDI's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 28.67% to 30.68%) suggest the stock is experiencing strong bearish momentum. The 50-day RSI, at 36.65%, hints at potential weakness developing in the medium term. Additionally, the 100-day RSI, at 40.97%, maintains a neutral outlook for the long term. Insights into HCDI's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Harbor Custom Development, Inc. Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, Harbor Custom Development, Inc. (HCDI) is positioned to show a strong performance in September 2024. The price is predicted to move between $0.00 and $1.18, settling at an average of $0.08. This could translate to a -59.80% loss.
October 2024
Based on current market signals, Harbor Custom Development, Inc. is projected to trend october 2024. We forecast a trading range from $0.00 to $1.15, with a likely average price of $0.06. Investors could expect a potential return of -69.85%.
November 2024
Our predictive algorithms indicate Harbor Custom Development, Inc. stock may see a shift in November 2024. The expected range spans $0.00–$1.10, with an average target of $0.04. This represents a cautious outlook and a possible loss of -79.90%.
December 2024
Analyzing established trends, Harbor Custom Development, Inc. looks set to move in December 2024. Projections place the stock between $0.00 and $1.05, averaging around $0.04. This suggests a -79.90% loss from current levels.
January 2025
Market indicators suggest Harbor Custom Development, Inc. could experience notable changes during January 2025. Prices could fluctuate within $0.00 to $1.06, with a midpoint forecast of $0.02. The stock might deliver a -89.95% loss.
HCDI's history of dividends and stock splits also plays a role in long-term investor confidence.