Hanesbrands Inc stock forecast: down to 4.99 USD HBI stock price prognosis
Forecast for Thu 18 May 2023 price
Hanesbrands Inc stock price forecast for further price development down to -3.65% (time horizon: 1 day) and price target of 4.99 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) Hanesbrands Inc share price prediction for 2023-05-18 with daily closed price projections
News <--> Close correlation for next day influence (-0.22)
Earnings per share
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Summerized Form 10-K with GPT-2
We operate in the global innerwear and global activewear apparel categories. 1Table of ContentsOur fiscal year ends on the Saturday closest to December 31. During 2020, sales of PPE are included in our Innerwear and International segments. We also license our Champion name for footwear and sports accessories. Our trademarks are important to our marketing efforts and have substantial value. We also own a number of copyrights. We believe our relationships with our employees are good. As a result, our financial results could be materially adversely impacted. As a result, our business is subject to risks associated with international operations. Our balance sheet includes a significant amount of deferred tax assets. The success of our business is tied to the strength and reputation of our brands.
Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.
Meta analyst score 82.46/100
Not in ideal financial position.
Historical view, profit is growing.
Company revenue is growing faster compared with the industry.
Stock price is under book price value.
Institutional ownership list is based on filling form information
Bollinger Bollinger Bands for Hanesbrands Inc can provide the information where the market is moving based on price information.
Hanesbrands Inc Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.
Converting prices to returns Hanesbrands Inc.
On-Balance Volume information for Hanesbrands Inc. On-Balance Volume information can be an indicator for bullish or bearish outcome.
Accumulation / Distribution (A/D) indicator information for Hanesbrands Inc. The indicator identify divergences between price and volume flow.
Aroon Oscillator information for Hanesbrands Inc. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.
Average Directional Index (ADX) information for Hanesbrands Inc. The index can be used to identify the strengh of a trend.
Moving Average Convergence Divergence (MACD) for Hanesbrands Inc. The indicator helps to predict trend direction and the momentum of the trend.
Stochastic Oscillator as momentum indicator for Hanesbrands Inc. The indicator is useful for identifying overbought and oversold levels.
Relative Strength Index (RSI) for Hanesbrands Inc. RSI is a momentum oscillator that measures the speed and change of price development.
The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period.
Primary usage of the indicator is to identify overbought or oversold signals.
When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30
Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio
The forecast (dashed curve) of the share price performance is based on historical data.
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