Citizens Community Bancorp Stock Forecast

Citizens Community Bancorp stock price down 2.51% on Thursday
(Updated on Apr 25, 2024)

CZWI Signals & Forecast

There are few to no technical positive signals at the moment. The Citizens Community Bancorp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $10.73 and $11.66. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -16.89%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Citizens Community Bancorp stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.120 between high and low, or 1.16%. For the last week the stock has had daily average volatility of 2.87%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CZWI) For The Upcoming Trading Day Of Friday 26th

For the upcoming trading day on Friday, 26th we expect Citizens Community Bancorp to open at $10.44, and during the day (based on 14 day Average True Range), to move between $10.17 and $10.79, which gives a possible trading interval of +/-$0.310 (+/-2.96%) up or down from last closing price. If Citizens Community Bancorp takes out the full calculated possible swing range there will be an estimated 5.91% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $12.20, some $1.72 (16.41%) from the current price of $10.48, our system finds the risk reward not very attractive.

Is Citizens Community Bancorp stock A Buy?

Citizens Community Bancorp holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.293 Sell Candidate Unchanged

Predicted Opening Price for Citizens Community Bancorp of Friday, April 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.