Hayward Holdings (HAYW) is currently trading at $14.115, with a neutral RSI of 39.36 (RSI_6), indicating a potential buying opportunity as it approaches oversold levels. The MACD is slightly bearish at -0.13, but the Stochastic Oscillator is at 39.34, suggesting a possible bullish crossover. Fibonacci resistance levels are at $14.77 and $15.10, with support at $13.73 and $13.40.
Analysts have maintained a Buy rating on HAYW, with a consensus price target of $16.17, indicating a potential upside. However, insider sentiment is negative, with increased selling activity, including a significant sale by the CEO.
Based on the analysis, the stock is expected to reach $14.75 in the next trading week. The recommendation is to Buy as the stock shows potential for a slight uptrend.
The price of HAYW is predicted to go up 22.14%, based on the high correlation periods with CMCT. The similarity of these two price pattern on the periods is 93.38%.
HAYW
CMCT
Hayward is a pure-play swimming pool equipment company poised to benefit from demand for maintainable and energy-efficient water solutions.
The pool business continues to deliver solid revenue growth and lucrative operating margins.
We expect Hayward Omni to reinforce customer switching costs by integrating multiple Hayward products under the same ecosystem.
Keybanc
2025-01-06
Price Target
n/a
Downside
0%
Keybanc
2024-10-30
Price Target
$17 → $18
Upside
+8.43%
Baird
2024-10-30
Price Target
$19 → $20
Upside
+20.48%