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 FLIC
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Green day on Wednesday for The First of Long Island Corporation stock after gaining 4.59%
(Updated on Mar 27, 2024)

Sell candidate since Mar 22, 2024 Gain 1.49% PDF

The The First of Long Island Corporation stock price gained 4.59% on the last trading day (Wednesday, 27th Mar 2024), rising from $10.45 to $10.93. During the last trading day the stock fluctuated 4.49% from a day low at $10.46 to a day high of $10.93. The price has fallen in 6 of the last 10 days and is down by -0.27% for this period. Volume fell on the last day by -16 thousand shares and in total, 102 thousand shares were bought and sold for approximately $1.12 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 the upper part of a 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 $10.99 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 -20.29% during the next 3 months and, with a 90% probability hold a price between $8.15 and $8.76 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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FLIC Signals & Forecast

There are mixed signals in the stock today. The The First of Long Island Corporation 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 $11.01. On a fall, the stock will find some support from the short-term average at $10.74. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 4.59%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for The First of Long Island Corporation stock

The First of Long Island Corporation finds support from accumulated volume at $10.78 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.470 between high and low, or 4.49%. For the last week the stock has had daily average volatility of 3.01%.

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

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

For the upcoming trading day on Thursday, 28th we expect The First of Long Island Corporation to open at $10.77, and during the day (based on 14 day Average True Range), to move between $10.58 and $11.28, which gives a possible trading interval of +/-$0.350 (+/-3.20%) up or down from last closing price. If The First of Long Island Corporation takes out the full calculated possible swing range there will be an estimated 6.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.98 (0.46%) than the support at $10.78 (1.37%), 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 The First of Long Island Corporation stock A Buy?

The First of Long Island Corporation 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: -1.885 Sell Candidate Unchanged

Predicted Opening Price for The First of Long Island Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$10.77 ( 1.43%) $10.93

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

Trading levels for FLIC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.24 2.87 %
R2 11.06 1.22 %
R1 10.95 0.209 %
Current price: 10.93
Support S1 10.59 -3.08 %
S2 10.48 -4.09 %
S3 10.30 -5.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.65 15.74 %
R2 11.03 0.91 %
R1 10.98 0.457 %
Current price 10.93
Support S1 10.78 -1.37%
S2 10.73 -1.83%
S3 10.55 -3.48%

FLIC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Mar 12, 2024 Mar 21, 2024 $0.210 1.91%
2 Dec 29, 2023 Dec 29, 2023 Dec 29, 2023 $0 0%
3 Sep 29, 2023 Oct 10, 2023 Oct 19, 2023 $0.210 2.00%
4 Jun 29, 2023 Jul 11, 2023 Jul 20, 2023 $0.210 1.63%
5 Mar 02, 2023 Mar 15, 2023 Mar 24, 2023 $0.210 1.51%

FAQ

What is the symbol for The First of Long Island Corporation Stock and on which exchange is it traded?
The symbol for The First of Long Island Corporation is FLIC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell The First of Long Island Corporation Stock?
The First of Long Island Corporation 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 The First of Long Island Corporation Stock?
The First of Long Island 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 The First of Long Island Corporation Stock.

What's the current price of The First of Long Island Corporation Stock?
As of the end of day on the 2024-03-27, the price of an The First of Long Island Corporation (FLIC) share was $10.93.

What is the 52-week high and low for The First of Long Island Corporation Stock?
The 52-week high for The First of Long Island Corporation Stock is $14.26 and the 52-week low is $8.79.

What is the market capitalization of The First of Long Island Corporation Stock?
As of the 2024-03-27, the market capitalization of The First of Long Island Corporation is 234.735M.

When is the next earnings date for The First of Long Island Corporation?
The upcoming earnings date for The First of Long Island Corporation is Apr 25, 2024.
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About The First of Long Island Corporation

The First of Long Island The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations. The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, sa... FLIC Profile

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