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NASDAQ:XBKS
Delisted

Xenith Bankshares Fund Forecast

$33.83
+0 (+0%)
At Close: Jan 17, 2018
RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Wednesday for Xenith Bankshares fund after losing 0%
(Updated on Jan 17, 2018)

Buy or Hold candidate since Jan 10, 2018 PDF

No changes to the price of Xenith Bankshares fund on the last trading day (Wednesday, 17th Jan 2018). During the last trading day the fund fluctuated 0% from a day low at $33.83 to a day high of $33.83. 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 lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $33.10 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the fund is expected to rise 7.37% during the next 3 months and, with a 90% probability hold a price between $35.54 and $39.56 at the end of this 3-month period.

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XBKS Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, December 29, 2017, and so far it has fallen 0%. 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. The Xenith Bankshares fund 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 $33.83 and $34.25. A break-up above any of these levels will issue buy signals. 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.

Support, Risk & Stop-loss for Xenith Bankshares fund

Xenith Bankshares finds support from accumulated volume at $33.78 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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: $31.80 (-6.00%) (This fund has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (XBKS) For The Upcoming Trading Day Of Thursday 18th

For the upcoming trading day on Thursday, 18th we expect Xenith Bankshares to open at $33.83, and during the day (based on 14 day Average True Range), to move between $33.56 and $34.10, which gives a possible trading interval of +/-$0.270 (+/-0.80%) up or down from last closing price. If Xenith Bankshares takes out the full calculated possible swing range there will be an estimated 1.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $33.78 (0.15%) than the resistance at $34.30 (1.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Xenith Bankshares fund A Buy?

Xenith Bankshares holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.680 Hold/Accumulate Unchanged

Predicted Opening Price for Xenith Bankshares of Thursday, January 18, 2018

Fair opening price January 18, 2018 Current price
$33.83 ( 0%) $33.83

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

Trading levels for XBKS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 33.83 .
R2 33.83 .
R1 33.83 .
Current price: 33.83
Support S1 33.83 .
S2 33.83 .
S3 33.83 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 35.15 3.90 %
R2 35.07 3.67 %
R1 34.30 1.39 %
Current price 33.83
Support S1 33.78 -0.148%
S2 33.24 -1.74%
S3 32.85 -2.90%

FAQ

What is the symbol for Xenith Bankshares Fund and on which exchange is it traded?
The symbol for Xenith Bankshares is XBKS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Xenith Bankshares Fund?
Xenith Bankshares holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Xenith Bankshares Fund?
Xenith Bankshares Fund can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Xenith Bankshares Fund.

What's the current price of Xenith Bankshares Fund?
As of the end of day on the 2018-01-17, the price of an Xenith Bankshares (XBKS) share was $33.83.

What is the 52-week high and low for Xenith Bankshares Fund?
The 52-week high for Xenith Bankshares Fund is $36.44 and the 52-week low is $22.61.
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About Xenith Bankshares

Xenith Bankshares, Inc. operates as the holding company for Xenith Bank that provides community and commercial banking services primarily to individuals and small to medium-sized businesses in Virginia, North Carolina, Delaware, and Maryland. It provides interest-bearing and noninterest-bearing deposit accounts, including commercial and retail checking accounts, negotiable order of withdrawal accounts, savings accounts, and individual retirement ... XBKS Profile

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