Auburn National Bancorporation Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Red day on Thursday for Auburn National Bancorporation stock after losing 0%
(Updated on Apr 18, 2024)
No changes to the price of Auburn National Bancorporation stock on the last trading day (Thursday, 18th Apr 2024). During the last trading day the stock fluctuated 2.77% from a day low at $16.61 to a day high of $17.07. The price has fallen in 7 of the last 10 days and is down by -10.76% for this period.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $16.95 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -14.69% during the next 3 months and, with a 90% probability hold a price between $14.46 and $16.47 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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AUBN Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Auburn National Bancorporation 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 $17.50 and $19.16. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Auburn National Bancorporation stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.461 between high and low, or 2.77%. For the last week, the stock has had daily average volatility of 2.49%.
Auburn National Bancorporation is oversold on RSI14 (11). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AUBN) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Auburn National Bancorporation to open at $16.89, and during the day (based on 14 day Average True Range), to move between $16.54 and $17.46, which gives a possible trading interval of +/-$0.462 (+/-2.72%) up or down from last closing price. If Auburn National Bancorporation takes out the full calculated possible swing range there will be an estimated 5.43% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $17.75, some $0.750 (4.41%) from the current price of $17.00, our system finds the risk reward not very attractive.
Earnings coming up
Auburn National Bancorporation will release earnings BMO on Tuesday, April 23, 2024. We will update the financials statements for Auburn National Bancorporation, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.26% in the first trading day after earnings release.
Is Auburn National Bancorporation stock A Buy?
Auburn National Bancorporation 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: -3.622 Sell Candidate Unchanged
Predicted Opening Price for Auburn National Bancorporation of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $16.89 ( 0.625%) | $17.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AUBN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 17.35 | 2.09 % | |
| R2 | 17.18 | 1.05 % | ||
| R1 | 17.07 | 0.410 % | ||
| Current price: | 17.00 | |||
| Support | S1 | 16.72 | -1.66 % | |
| S2 | 16.61 | -2.30 % | ||
| S3 | 16.43 | -3.34 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.79 | 16.41 % | |
| R2 | 18.20 | 7.06 % | ||
| R1 | 17.75 | 4.41 % | ||
| Current price | 17.00 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
AUBN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 13, 2024 | Mar 07, 2024 | Mar 25, 2024 | $0.270 | 1.40% |
| 2 | Nov 14, 2023 | Dec 07, 2023 | Dec 26, 2023 | $0.270 | 1.31% |
| 3 | Aug 08, 2023 | Sep 07, 2023 | Sep 25, 2023 | $0.270 | 1.23% |
| 4 | May 09, 2023 | Jun 08, 2023 | Jun 26, 2023 | $0.270 | 1.31% |
| 5 | Feb 14, 2023 | Mar 09, 2023 | Mar 27, 2023 | $0.270 | 1.16% |
FAQ
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