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Stop-loss: $19.25 (-3.04%)
Key Stats
Trailing Dividend Rate 1.08% ($0.21)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 73 and the stock is currently not being overbought or oversold

American River Bankshares stock price up 2.11% on Friday (Updated on July 30, 2021)


Buy candidate since 2021-07-29 Gain 2.11%

The American River Bankshares stock price gained 2.11% on the last trading day (Friday, 30th Jul 2021), rising from $19.44 to $19.85. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.15% from a day low at $19.50 to a day high of $19.92. The price has risen in 7 of the last 10 days and is up by 10.28% over the past 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 4 thousand shares were bought and sold for approximately $70.71 thousand. 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.

Given the current short-term trend, the stock is expected to fall -7.64% during the next 3 months and, with a 90% probability hold a price between $15.20 and $18.33 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.

Signals & Forecast

The American River Bankshares 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 $18.97 and $18.20. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 18, 2021, and so far it has risen 15.21%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss

American River Bankshares finds support from accumulated volume at $19.81 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.42 between high and low, or 2.15%. For the last week the stock has had a daily average volatility of 1.90%.

Our recommended stop-loss: $19.25 (-3.04%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 29 days ago.)

Is American River Bankshares 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: 4.043

Predicted Opening Price for American River Bankshares of Monday, August 2, 2021

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

Fair opening price August 2, 2021 Current price
$19.76 $19.85 (Overvalued)
Buy Candidate Unchanged

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Volatility
1.90 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $19.88
Price: $19.85
Support: $19.81

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 20.18 1.65 %
20.02 0.84 %
19.92 0.34 %
Current price: 19.85
Support 19.60 -1.28 %
19.50 -1.78 %
19.34 -2.59 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 20.00 0.76 %
19.90 0.25 %
19.88 0.15 %
Current price 19.85
Support 19.81 -0.20%
19.76 -0.45%
19.64 -1.06%

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About American River Bankshares

American River Bankshares operates as the holding company for American River Bank that provides commercial banking services to small to mid-sized businesses in California. The company accepts checking and savings deposits, money market deposit accounts, and certificates of deposits. It also provides secured and unsecured commercial, secured real estate, and other installment and term loans, as well as other customary banking services. In addition... Read more

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