RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BGSF
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BG Staffing, Inc stock price ended at $10.30 on Wednesday, after gaining 1.88%.
(Updated on Mar 27, 2024)

Buy candidate since Mar 18, 2024 Gain 2.79% PDF

The BG Staffing, Inc stock price gained 1.88% on the last trading day (Wednesday, 27th Mar 2024), rising from $10.11 to $10.30. During the last trading day the stock fluctuated 1.88% from a day low at $10.11 to a day high of $10.30. The price has risen in 6 of the last 10 days and is up by 7.07% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 479 more shares were traded than the day before. In total, 6 thousand shares were bought and sold for approximately $63.58 thousand.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.21% during the next 3 months and, with a 90% probability hold a price between $9.86 and $11.36 at the end of this 3-month period.

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BGSF Signals & Forecast

The BG Staffing, Inc stock 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 $10.23 and $9.99. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). BG Staffing, Inc has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 19, 2024, and so far it has fallen -0.0970%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Thursday, January 18, 2024 in the short-term chart.

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 stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Thursday, January 18, 2024 in the short-term chart.

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 stock in question.

Support, Risk & Stop-loss for BG Staffing, Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $9.53 and $9.44. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, BG Staffing, Inc finds support just below today's level at $9.53. If this is broken, then the next support from accumulated volume will be at $9.44 and $9.40.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.190 (1.88%) between high and low. For the last week, the stock has had daily average volatility of 1.52%.

Our recommended stop-loss: $9.93 (-3.61%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (BGSF) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect BG Staffing, Inc to open at $10.24, and during the day (based on 14 day Average True Range), to move between $10.05 and $10.55, which gives a possible trading interval of +/-$0.248 (+/-2.41%) up or down from last closing price. If BG Staffing, Inc takes out the full calculated possible swing range there will be an estimated 4.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.44 (1.36%) than the support at $9.53 (7.48%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is BG Staffing, Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for BG Staffing, Inc stock to perform well in the short-term.

Current score: 1.296 Buy Candidate Unchanged

Predicted Opening Price for BG Staffing, Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$10.24 ( 0.615%) $10.30

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

Trading levels for BGSF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.43 1.23 %
R2 10.35 0.525 %
R1 10.31 0.0898 %
Current price: 10.30
Support S1 10.16 -1.32 %
S2 10.12 -1.75 %
S3 10.05 -2.46 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10.60 2.91 %
R2 10.52 2.14 %
R1 10.44 1.36 %
Current price 10.30
Support S1 9.53 -7.48%
S2 9.44 -8.35%
S3 9.40 -8.74%

BGSF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Feb 16, 2024 Feb 27, 2024 $0.150 1.49%
2 Nov 17, 2023 Nov 17, 2023 Nov 28, 2023 $0.150 1.51%
3 Aug 18, 2023 Aug 18, 2023 Aug 28, 2023 $0.150 1.56%
4 May 04, 2023 May 12, 2023 May 22, 2023 $0.150 1.64%
5 Feb 13, 2023 Feb 22, 2023 Mar 02, 2023 $0.150 1.05%

FAQ

What is the symbol for BG Staffing, Inc Stock and on which exchange is it traded?
The symbol for BG Staffing, Inc is BGSF and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell BG Staffing, Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for BG Staffing, Inc stock to perform well in the short-term.

How to buy BG Staffing, Inc Stock?
BG Staffing, Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy BG Staffing, Inc Stock.

What's the current price of BG Staffing, Inc Stock?
As of the end of day on the 2024-03-27, the price of an BG Staffing, Inc (BGSF) share was $10.30.

What is the 52-week high and low for BG Staffing, Inc Stock?
The 52-week high for BG Staffing, Inc Stock is $11.70 and the 52-week low is $8.85.

What is the market capitalization of BG Staffing, Inc Stock?
As of the 2024-03-27, the market capitalization of BG Staffing, Inc is 112.029M.

When is the next earnings date for BG Staffing, Inc?
The upcoming earnings date for BG Staffing, Inc is May 08, 2024.
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About BG Staffing, Inc

BG Staffing BGSF, Inc. provides workforce solutions and placement services in the United States. It operates in two segments, Real Estate and Professional. The Real Estate segment offers office and maintenance field talent to various apartment communities and commercial buildings. The Professional segment provides skilled IT professionals with expertise in SAP, Workday, Peoplesoft, Hyperion, Oracle, One Stream, cyber, project management, and other IT workfor... BGSF Profile

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