KD Logo

Huntsman Corp [HUN] Records 50-Day SMA of $22.08

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Huntsman Corp shares valued at $50,273 were purchased by STRYKER DAVID M on Aug 12 ’24. At $20.11 per share, STRYKER DAVID M acquired 2,500 shares. The insider’s holdings grew to 424,579 shares worth approximately $9.3 million following the completion of this transaction.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As published in a research note from JP Morgan on June 07, 2024, Huntsman Corp [HUN] has been rated up from an Underweight to an Overweight and the price target has been revised to $27 from $22. Analysts at Wells Fargo upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in late February. As of December 11, 2023, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for HUN. Earlier on October 18, 2023, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for HUN stock which previously was a “an Underperform”.

Analyzing HUN Stock Performance

During the last five days, there has been a surge of approximately 0.60%. Over the course of the year, Huntsman Corp shares have dropped approximately -12.81%. Shares of the company reached a 52-week high of $27.01 on 03/07/24 and a 52-week low of $19.91 on 08/13/24. A 50-day SMA is recorded $22.08, while a 200-day SMA reached $24.06. Nevertheless, trading volume fell to 2.63 million shares from 2.91 million shares the previous day.

Support And Resistance Levels for Huntsman Corp (HUN)

According to the 24-hour chart, there is a support level at 21.69, which, if violated, would cause prices to drop to 21.46. In the upper region, resistance lies at 22.20. The next price resistance is at 22.48. RSI (Relative Strength Index) is 52.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.18, which suggests the price will decrease in the coming days. Percent R is at 27.05%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular