Great Southern Bancorp Stock Forecast
Great Southern Bancorp stock price ended at $50.32 on Tuesday, after losing 0.494%.
(Updated on Apr 16, 2024)
The Great Southern Bancorp stock price fell by -0.494% on the last day (Tuesday, 16th Apr 2024) from $50.57 to $50.32. During the last trading day the stock fluctuated 1.87% from a day low at $50.29 to a day high of $51.23. The price has been going up and down for this period, and there has been a -3.51% loss for the last 2 weeks. Volume has increased on the last day by 7 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 28 thousand shares were bought and sold for approximately $1.39 million.
The stock lies in the middle of a 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 -4.09% during the next 3 months and, with a 90% probability hold a price between $46.07 and $52.15 at the end of this 3-month period.
GSBC Signals & Forecast
There are few to no technical positive signals at the moment. The Great Southern Bancorp stock 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 $51.29 and $51.98. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -8.21%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Great Southern Bancorp gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Great Southern Bancorp stock
Great Southern Bancorp finds support from accumulated volume at $50.30 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 $0.94 (1.87%) between high and low. For the last week, the stock has had daily average volatility of 2.28%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (GSBC) For The Upcoming Trading Day Of Wednesday 17th
For the upcoming trading day on Wednesday, 17th we expect Great Southern Bancorp to open at $50.61, and during the day (based on 14 day Average True Range), to move between $49.09 and $51.55, which gives a possible trading interval of +/-$1.23 (+/-2.44%) up or down from last closing price. If Great Southern Bancorp takes out the full calculated possible swing range there will be an estimated 4.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $50.30 (0.04%) than the resistance at $50.78 (0.91%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Great Southern Bancorp will release earnings AMC on Wednesday, April 17, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.04. We will update the financials statements for Great Southern Bancorp, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.69% in the first trading day after earnings release.
Is Great Southern Bancorp stock A Buy?
Great Southern Bancorp holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.809 Sell Candidate Unchanged
Predicted Opening Price for Great Southern Bancorp of Wednesday, April 17, 2024
Fair opening price April 17, 2024 | Current price |
---|---|
$50.61 ( 0.583%) | $50.32 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GSBC
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 51.55 | 2.45 % | |
R2 | 51.19 | 1.74 % | ||
R1 | 50.97 | 1.30 % | ||
Current price: | 50.32 | |||
Support | S1 | 50.25 | -0.131 % | |
S2 | 50.03 | -0.572 % | ||
S3 | 49.67 | -1.29 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 52.05 | 3.44 % | |
R2 | 51.59 | 2.52 % | ||
R1 | 50.78 | 0.91 % | ||
Current price | 50.32 | |||
Support | S1 | 50.30 | -0.0397% | |
S2 | 50.10 | -0.437% | ||
S3 | 49.64 | -1.35% |
GSBC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 01, 2024 | Apr 01, 2024 | Apr 01, 2024 | $0 | 0% |
2 | Dec 20, 2023 | Dec 29, 2023 | Jan 17, 2024 | $0.400 | 0.723% |
3 | Sep 20, 2023 | Sep 29, 2023 | Oct 17, 2023 | $0.400 | 0.81% |
4 | Jun 21, 2023 | Jun 30, 2023 | Jul 18, 2023 | $0.400 | 0.707% |
5 | Mar 15, 2023 | Mar 24, 2023 | Apr 11, 2023 | $0.400 | 0.793% |
FAQ
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