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 ABCB
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Ameris Bancorp stock price down 0.0660% on Tuesday
(Updated on Feb 27, 2024)


Sell candidate since Feb 23, 2024 Loss -0.98% PDF
The Ameris Bancorp stock price fell by -0.0660% on the last day (Tuesday, 27th Feb 2024) from $45.46 to $45.43. It has now fallen 7 days in a row. During the last trading day the stock fluctuated 2.31% from a day low at $45.08 to a day high of $46.12. The price has fallen in 8 of the last 10 days and is down by -6.94% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -67 thousand shares and in total, 293 thousand shares were bought and sold for approximately $13.33 million.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ameris Bancorp stock with a 90% probability to be traded between $41.64 and $53.32 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

ABCB Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ameris 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 $46.14 and $49.24. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, December 27, 2023, and so far it has fallen -15.46%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Maximize Your Market Edge: Go Premium for In-Depth AI-Powered Stock Research and Exclusive Lists! 🚀

Support, Risk & Stop-loss for Ameris Bancorp stock

Ameris Bancorp finds support from accumulated volume at $45.22 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $1.04 between high and low, or 2.31%. For the last week, the stock has had daily average volatility of 2.03%.

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

Trading Expectations (ABCB) For The Upcoming Trading Day Of Wednesday 28th

For the upcoming trading day on Wednesday, 28th we expect Ameris Bancorp to open at $45.54, and during the day (based on 14 day Average True Range), to move between $43.99 and $46.87, which gives a possible trading interval of +/-$1.44 (+/-3.18%) up or down from last closing price. If Ameris Bancorp takes out the full calculated possible swing range there will be an estimated 6.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $45.22 (0.46%) than the resistance at $46.95 (3.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ameris Bancorp stock A Buy?

Ameris Bancorp holds several negative signals and is within a very 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: -2.479 Open Broker Account

Sell Candidate Unchanged

Predicted Opening Price for Ameris Bancorp of Wednesday, February 28, 2024

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

Fair opening price February 28, 2024 Current price
$45.54 ( 0.249%) $45.43

Remember To Visit Our YouTube Channel

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 46.58 2.54 %
R2 46.19 1.66 %
R1 45.94 1.12 %
Current price: 45.43
Support S1 45.15 -0.625 %
S2 44.90 -1.17 %
S3 44.50 -2.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 52.16 14.81 %
R2 51.43 13.21 %
R1 46.95 3.35 %
Current price 45.43
Support S1 45.22 -0.462%
S2 42.64 -6.14%
S3 42.58 -6.27%
What is the symbol for Ameris Bancorp Stock and on which exchange is it traded?
The symbol for Ameris Bancorp is ABCB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Ameris Bancorp Stock?
Ameris Bancorp holds several negative signals and is within a very 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.

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

What's the current price of Ameris Bancorp Stock?
As of the end of day on the 2024-02-27, the price of an Ameris Bancorp (ABCB) share was $45.43.

What is the 52-week high and low for Ameris Bancorp Stock?
The 52-week high for Ameris Bancorp Stock is $53.98 and the 52-week low is $28.33.

What is the market capitalization of Ameris Bancorp Stock?
As of the 2024-02-27, the market capitalization of Ameris Bancorp is 3.137B.

When is the next earnings date for Ameris Bancorp?
The upcoming earnings date for Ameris Bancorp is Apr 25, 2024.

Click to get the best stock tips daily for free!

About Ameris Bancorp

Ameris Ban Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, North Carolina, and South Carolina. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savi... ABCB Profile

ABCB Dividend Data

1.55%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Frequency Quarterly
Amount Per Share $0.150
View Details

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT