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 ASB
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Associated Banc-Corp stock upgraded from Sell Candidate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Associated Banc-Corp stock price gained 3.61% on the last trading day (Wednesday, 27th Mar 2024), rising from $20.52 to $21.26. During the last trading day the stock fluctuated 3.00% from a day low at $20.64 to a day high of $21.26. The price has risen in 6 of the last 10 days and is up by 2.71% over the past 2 weeks. Volume fell on the last day by -92 thousand shares and in total, 912 thousand shares were bought and sold for approximately $19.39 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 stockhas broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $21.20, a level that may pose a second chance to hit a runner. According to fan-theory $23.10 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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ASB Signals & Forecast

The Associated Banc-Corp 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 $20.72 and $20.63. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 6.09%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Associated Banc-Corp stock

Associated Banc-Corp finds support from accumulated volume at $21.01 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.620 between high and low, or 3.00%. For the last week the stock has had daily average volatility of 2.14%.

Our recommended stop-loss: $20.44 (-3.88%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Associated Banc-Corp to open at $21.05, and during the day (based on 14 day Average True Range), to move between $20.72 and $21.80, which gives a possible trading interval of +/-$0.536 (+/-2.52%) up or down from last closing price. If Associated Banc-Corp takes out the full calculated possible swing range there will be an estimated 5.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $21.45 (0.89%) than the support at $21.01 (1.18%), 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 Associated Banc-Corp stock A Buy?

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.543 Buy Candidate Upgraded

Predicted Opening Price for Associated Banc-Corp of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$21.05 ( 0.97%) $21.26

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

Trading levels for ASB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.67 1.94 %
R2 21.44 0.83 %
R1 21.29 0.142 %
Current price: 21.26
Support S1 20.82 -2.09 %
S2 20.67 -2.77 %
S3 20.43 -3.89 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.86 2.82 %
R2 21.65 1.83 %
R1 21.45 0.89 %
Current price 21.26
Support S1 21.01 -1.18%
S2 20.84 -1.98%
S3 20.54 -3.39%

ASB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Mar 15, 2024 $0.220 1.09%
2 Oct 25, 2023 Nov 30, 2023 Dec 15, 2023 $0.220 1.04%
3 Jul 25, 2023 Aug 31, 2023 Sep 15, 2023 $0.210 1.19%
4 Apr 25, 2023 May 31, 2023 Jun 15, 2023 $0.210 1.22%
5 Feb 01, 2023 Feb 28, 2023 Mar 15, 2023 $0.210 1.09%

FAQ

What is the symbol for Associated Banc-Corp Stock and on which exchange is it traded?
The symbol for Associated Banc-Corp is ASB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Associated Banc-Corp Stock?
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

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

What's the current price of Associated Banc-Corp Stock?
As of the end of day on the 2024-03-27, the price of an Associated Banc-Corp (ASB) share was $21.26.

What is the 52-week high and low for Associated Banc-Corp Stock?
The 52-week high for Associated Banc-Corp Stock is $22.16 and the 52-week low is $14.47.

What is the market capitalization of Associated Banc-Corp Stock?
As of the 2024-03-27, the market capitalization of Associated Banc-Corp is 3.1B.

When is the next earnings date for Associated Banc-Corp?
The upcoming earnings date for Associated Banc-Corp is Apr 18, 2024.
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About Associated Banc-Corp

Associated Banc- Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers lending solutions, including commercial loans and lines of credit, commerci... ASB Profile

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