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 BELFB
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Bel Fuse Inc. stock price ended at $59.41 on Wednesday, after gaining 2.27%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Gain 2.27% PDF

The Bel Fuse Inc. stock price gained 2.27% on the last trading day (Wednesday, 27th Mar 2024), rising from $58.09 to $59.41. During the last trading day the stock fluctuated 2.49% from a day low at $57.97 to a day high of $59.41. The price has been going up and down for this period, and there has been a 5.26% gain for the last 2 weeks. Volume fell on the last day by -33 thousand shares and in total, 117 thousand shares were bought and sold for approximately $6.93 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -14.06% during the next 3 months and, with a 90% probability hold a price between $39.18 and $59.26 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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BELFB Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, February 22, 2024, and so far it has risen 18.77%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Bel Fuse Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $59.91. On a fall, the stock will find some support from the short-term average at $58.20. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Bel Fuse Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $55.35 and $50.25. 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, Bel Fuse Inc. finds support just below today's level at $55.35. If this is broken, then the next support from accumulated volume will be at $50.25 and $50.02.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.44 between high and low, or 2.49%. For the last week, the stock has had daily average volatility of 3.09%.

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

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

For the upcoming trading day on Thursday, 28th we expect Bel Fuse Inc. to open at $58.93, and during the day (based on 14 day Average True Range), to move between $57.19 and $61.63, which gives a possible trading interval of +/-$2.22 (+/-3.75%) up or down from last closing price. If Bel Fuse Inc. takes out the full calculated possible swing range there will be an estimated 7.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $55.35 (6.83%) than the resistance at $66.77 (12.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Bel Fuse Inc. stock A Buy?

Bel Fuse Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.170 Sell Candidate Unchanged

Predicted Opening Price for Bel Fuse Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$58.93 ( 0.81%) $59.41

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

Trading levels for BELFB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 60.37 1.62 %
R2 59.82 0.692 %
R1 59.48 0.118 %
Current price: 59.41
Support S1 58.38 -1.74 %
S2 58.04 -2.31 %
S3 57.48 -3.24 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 72.08 21.33 %
R2 67.45 13.53 %
R1 66.77 12.39 %
Current price 59.41
Support S1 55.35 -6.83%
S2 50.25 -15.42%
S3 50.02 -15.81%

BELFB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Apr 12, 2024 May 01, 2024 $0.0700 0.118%
2 Nov 02, 2023 Jan 12, 2024 Feb 01, 2024 $0.0700 0.101%
3 Nov 01, 2023 Jan 11, 2024 Feb 01, 2024 $0.0700 0.101%
4 Aug 02, 2023 Oct 12, 2023 Nov 01, 2023 $0.0700 0.127%
5 Apr 26, 2023 Jul 13, 2023 Aug 01, 2023 $0.0700 0.132%

FAQ

What is the symbol for Bel Fuse Inc. Stock and on which exchange is it traded?
The symbol for Bel Fuse Inc. is BELFB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Bel Fuse Inc. Stock?
Bel Fuse Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Bel Fuse Inc. Stock?
Bel Fuse 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 Bel Fuse Inc. Stock.

What's the current price of Bel Fuse Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Bel Fuse Inc. (BELFB) share was $59.41.

What is the 52-week high and low for Bel Fuse Inc. Stock?
The 52-week high for Bel Fuse Inc. Stock is $74.75 and the 52-week low is $30.11.

What is the market capitalization of Bel Fuse Inc. Stock?
As of the 2024-03-27, the market capitalization of Bel Fuse Inc. is 783.222M.

When is the next earnings date for Bel Fuse Inc.?
The upcoming earnings date for Bel Fuse Inc. is Apr 24, 2024.
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About Bel Fuse Inc.

Bel Fuse. Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, e-Mobility and broadcasting, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally. It offers magnetic products, such as integrated connector modules; power tr... BELFB Profile

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