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Booz Allen Hamilton Holding Corporation (BAH)

BAH stock forecast: buy or sell

Close on Sep 25th, 2020
$84.84 0.02%
3 months performance
0.14%
Published: September 27th, 2020 - 18:04

BAH stock outlook

  • Booz Allen Hamilton stock went up 2.19% to close at $84.84 on the stock market on Friday.

Important:
The opinions written in this article are personal and not recommendations for you to buy or sell stocks. The author of this document does not have any knowledge of the specific situations of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are expressed for education purposes only

BAH stock charts

Should I buy Booz Allen Hamilton stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is BAH stock a buy?

Currently, Booz Allen Hamilton stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean BAH will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Booz Allen Hamilton stock?

How to know when is it time to sell Booz Allen Hamilton?. Trading strategies help us to avoid impetuous decisions based on our emotions or the buzz surrounding the market. When selling, as well as buying, detailed strategies are very easy to use but are only valid for selling shares you already own, not for selling short BAH stock

A guiding principle is that you should never keep an investment that shows a greater losses than those expected at the time of the buy. The timing to sell shares must always be determined by the stop-loss (automatic or manual)

Is it time to sell Booz Allen Hamilton stock?

Currently, Booz Allen Hamilton stock doesn't match any of our preferred sell setups, so if you hold Booz Allen Hamilton stock and your operation is in profit probably is not time to sell now

Analysts' recommendations to buy or sell Booz Allen Hamilton stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

In the last 30 days we couldn't find any rating for Booz Allen Hamilton

Technical analysis

SMAs overview

Moving averages are simple indicators for traders to detect direction. A moving average is calculated as the simple mean of the previous N periods (usually sessions). Moving averages are usually calculated on different periods depending on the trading timeframe 21, 50, 100 and 200 days are the most usual moving averages

BAH SMAs chart

Supports and resistances

Investors use support and resistance levels as a way to spot price points in the stock price action that tend to work as barriers, preventing the price of a stock to move in certain direction. Supports are levels where the price may find support as it falls. This means that the price is more likely to "bounce off" this level rather than break through it. Nevertheless, if the price breaks down this level, it will probably continue declining until approaching another support level. On the contrary, a resistance level is where the price tends to find resistance as it moves up. In the same manner, the price is more likely to "rebound" at this level, and if it finally breaks this level, it will rally more easily until it meets the next resistance

The current resistances are:

  • R1: $87.79 (3.48% above)
  • R2: $89.45 (5.43% above)
  • The current supports are:

  • S1: $82.01 (-3.34% below)
  • S2: $81.86 (-3.51% below)
  • S3: $81.04 (-4.48% below)
  • Bollinger bands

    The so-called Bollinger bands are a popular technique that was created by John Bollinger. It is composed of 3 lines that are superimposed on the price evolution chart:

    • The central band is a moving average, usually a simple moving average calculated with 20 periods
    • The upper band is calculated by adding to the value of the simple moving average 2 times the standard deviation of the moving average
    • The lower band is calculated by subtracting from the simple moving average 2 times the standard deviation of the moving average

    BAH RSI chart

    Relative strength index

    The Relative Strength Index is an oscillator-type indicator that measures price action to reveal when the share or financial asset is oversold or overbought. Like other oscillation indicators, the RSI moves between 0 and 100. J. Welles Wilder introduced the relative strength indicator in 1978 and since then it has been widely used by investors

    The RSI dropped below the overbought level of 70 on September 3 after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Friday was 50.42. Since that level was lost, Booz Allen Hamilton price sank a 4.29%

    BAH RSI chart

    Earnings and financials

    In late July, BAH hosted the quarterly financial call and released the Q2 report. BAH surpassed analysts estimates and presented an earnings per share (EPS) of $0.93, that is a 8.14% surprise versus the estimates of $0.86. Reported sales were $2.0 billion versus estimates of $2.0 billion.

    Compared to the same quarter last year, EPS was $0.83, so current EPS means a improvement of 12.05%. Looking at turnover, figures inched a 7.19% compared to $1.8B year over year. Booz Allen Hamilton reported three year over year quarterly positive results, improving sales by 26.87% from $1.5B on 2017-Q3.

    BAH will host the earnings call on late next October. Wall Street expects earnings of %s a share of $0.92, compared to previous quarter that was $0.93. Earnings reporting day has an additional risk for stock investors as the information provided can gap up or down the price with very low liquidity and not respecting your buy/stop-loss orders. Have a look company's website to confirm time and details about the earnings call and the earnings report.

    BAH revenues and profits chart