HPS John Hancock Preferred Income Fund III Forecast, Technical & Fundamental Analysis
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company... Show more
HPS's RSI Oscillator ascends from oversold territory
The RSI Indicator for HPS moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 34 similar instances when the indicator left oversold territory. In of the 34 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on HPS as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for HPS just turned positive on April 23, 2025. Looking at past instances where HPS's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HPS advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
HPS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
HPS moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for HPS crossed bearishly below the 50-day moving average on April 04, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HPS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JABVX | 9.56 | 0.03 | +0.31% |
| JHancock Global Environmental Opps I | |||
| JAREX | 13.83 | 0.03 | +0.22% |
| Easterly Global Real Estate A | |||
| GCIRX | 14.68 | 0.03 | +0.20% |
| Goldman Sachs Intl Eq Insghts R | |||
| FCICX | 16.37 | -0.03 | -0.18% |
| NYLI PineStone International Equity Cl C | |||
| RRFDX | 33.85 | -0.07 | -0.21% |
| T. Rowe Price Equity Income R | |||
HPS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HPS has been closely correlated with FPE. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if HPS jumps, then FPE could also see price increases.