Middleburg Financial Corporation Fund Forecast
Middleburg Financial Corporation fund price ended at $40.04 on Tuesday, after losing 0%.
(Updated on Apr 18, 2017)
No changes to the price of Middleburg Financial Corporation fund on the last trading day (Tuesday, 18th Apr 2017). During the last trading day the fund fluctuated 0% from a day low at $40.04 to a day high of $40.04. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The fund has broken the narrow and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $39.77, a level that may pose a second chance to hit a runner. According to fan-theory $41.86 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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MBRG Signals & Forecast
The Middleburg Financial Corporation fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $40.04 and $37.39. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 07, 2017, and so far it has risen 14.24%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The fund had a Golden Star Signal on Friday, March 10, 2017 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, September 28, 2016.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the fund in question.
Support, Risk & Stop-loss for Middleburg Financial Corporation fund
On the downside, the fund finds support just below today's level from accumulated volume at $35.57 and $35.38. There is a natural risk involved when a fund is testing a support level, since if this is broken, the fund then may fall to the next support level. In this case, Middleburg Financial Corporation finds support just below today's level at $35.57. If this is broken, then the next support from accumulated volume will be at $35.38 and $35.13.
In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: $38.44 (-4.00%) (This fund has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 29 days ago.)
Trading Expectations (MBRG) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Middleburg Financial Corporation to open at $40.04, and during the day (based on 14 day Average True Range), to move between $39.73 and $40.35, which gives a possible trading interval of +/-$0.310 (+/-0.77%) up or down from last closing price. If Middleburg Financial Corporation takes out the full calculated possible swing range there will be an estimated 1.55% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $35.57, some $4.47 (11.16%) from the current price of $40.04, our system finds the risk reward attractive.
Is Middleburg Financial Corporation fund A Buy?
Middleburg Financial Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.330 Hold/Accumulate Unchanged
Predicted Opening Price for Middleburg Financial Corporation of Wednesday, April 19, 2017
Fair opening price April 19, 2017 | Current price |
---|---|
$40.04 ( 0%) | $40.04 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MBRG
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 40.04 | . | |
R2 | 40.04 | . | ||
R1 | 40.04 | . | ||
Current price: | 40.04 | |||
Support | S1 | 40.04 | . | |
S2 | 40.04 | . | ||
S3 | 40.04 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 40.04 | |||
Support | S1 | 35.57 | -11.16% | |
S2 | 35.38 | -11.64% | ||
S3 | 35.13 | -12.26% |
FAQ
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