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 BANR
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Strong day for Banner Corporation stock price on Wednesday rising 5.80% to $47.81
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 3.19% PDF

The Banner Corporation stock price gained 5.80% on the last trading day (Wednesday, 27th Mar 2024), rising from $45.19 to $47.81. During the last trading day the stock fluctuated 5.10% from a day low at $45.53 to a day high of $47.85. The price has been going up and down for this period, and there has been a 3.93% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 65 thousand more shares were traded than the day before. In total, 227 thousand shares were bought and sold for approximately $10.87 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $47.86 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -12.53% during the next 3 months and, with a 90% probability hold a price between $34.89 and $41.86 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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BANR Signals & Forecast

The Banner Corporation 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 $46.04 and $45.22. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 10.52%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. 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).

Support, Risk & Stop-loss for Banner Corporation stock

Banner Corporation finds support from accumulated volume at $46.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $2.32 (5.10%) between high and low. For the last week, the stock has had daily average volatility of 2.89%.

Our recommended stop-loss: $45.96 (-3.86%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Banner Corporation to open at $47.06, and during the day (based on 14 day Average True Range), to move between $46.35 and $49.27, which gives a possible trading interval of +/-$1.46 (+/-3.06%) up or down from last closing price. If Banner Corporation takes out the full calculated possible swing range there will be an estimated 6.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $48.72 (1.90%) than the support at $46.70 (2.32%), 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 Banner Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.393 Buy Candidate Unchanged

Predicted Opening Price for Banner Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$47.06 ( 1.56%) $47.81

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

Trading levels for BANR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 49.38 3.29 %
R2 48.50 1.44 %
R1 47.95 0.292 %
Current price: 47.81
Support S1 46.18 -3.42 %
S2 45.63 -4.56 %
S3 44.74 -6.41 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 50.70 6.04 %
R2 50.68 6.00 %
R1 48.72 1.90 %
Current price 47.81
Support S1 46.70 -2.32%
S2 46.00 -3.79%
S3 45.52 -4.79%

BANR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 18, 2024 Feb 06, 2024 Feb 16, 2024 $0.480 1.06%
2 Nov 02, 2023 Nov 02, 2023 Nov 13, 2023 $0.480 1.13%
3 Aug 06, 2023 Jul 31, 2023 Aug 11, 2023 $0.480 1.02%
4 Jul 31, 2023 May 01, 2023 May 12, 2023 $0.480 1.14%
5 Jan 19, 2023 Feb 01, 2023 May 12, 2023 $0.480 1.14%

FAQ

What is the symbol for Banner Corporation Stock and on which exchange is it traded?
The symbol for Banner Corporation is BANR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Banner Corporation Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of Banner Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Banner Corporation (BANR) share was $47.81.

What is the 52-week high and low for Banner Corporation Stock?
The 52-week high for Banner Corporation Stock is $55.66 and the 52-week low is $39.31.

What is the market capitalization of Banner Corporation Stock?
As of the 2024-03-27, the market capitalization of Banner Corporation is 1.642B.

When is the next earnings date for Banner Corporation?
The upcoming earnings date for Banner Corporation is Apr 17, 2024.
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About Banner Corporation

Banner Banner Corporation operates as the bank holding company for Banner Bank that provide commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management servi... BANR Profile

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