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 BANC
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Banc of California Inc stock price up 0.84% on Friday
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jul 11, 2024 Gain 6.36% PDF

The Banc of California Inc stock price gained 0.84% on the last trading day (Friday, 19th Jul 2024), rising from $14.27 to $14.39. During the last trading day the stock fluctuated 3.09% from a day low at $14.10 to a day high of $14.54. The price has risen in 7 of the last 10 days and is up by 12.86% over the past 2 weeks. Volume fell on the last day by -521 thousand shares and in total, 2 million shares were bought and sold for approximately $23.45 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 stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $14.60 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.58% during the next 3 months and, with a 90% probability hold a price between $10.81 and $13.35 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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BANC Signals & Forecast

The Banc of California Inc 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 $14.13 and $13.17. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A sell signal was issued from a pivot top point on Tuesday, July 16, 2024, and so far it has fallen -1.91%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Banc of California Inc stock

Banc of California Inc finds support from accumulated volume at $14.09 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 $0.435 between high and low, or 3.09%. For the last week, the stock has had daily average volatility of 3.77%.

Our recommended stop-loss: $13.92 (-3.23%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 16 days ago.)

Trading Expectations (BANC) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Banc of California Inc to open at $14.34, and during the day (based on 14 day Average True Range), to move between $13.92 and $14.86, which gives a possible trading interval of +/-$0.469 (+/-3.26%) up or down from last closing price. If Banc of California Inc takes out the full calculated possible swing range there will be an estimated 6.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $14.51 (0.83%) than the support at $14.09 (2.08%), 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 Banc of California Inc stock A Buy?

Banc of California Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.244 Hold/Accumulate Unchanged

Predicted Opening Price for Banc of California Inc of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$14.34 ( 0.336%) $14.39

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

Trading levels for BANC

Fibonacci Support & Resistance Levels

Level Price
R3 14.78 2.69%
R2 14.61 1.53%
R1 14.51 0.82%
Price 14.39
S1 14.18 -1.49%
S2 14.07 -2.20%
S3 13.91 -3.36%

Accumulated Volume Support & Resistance Levels

Level Price
R3 14.67 1.95%
R2 14.59 1.39%
R1 14.51 0.83%
Price 14.39
S1 14.09 -2.08%
S2 13.95 -3.06%
S3 13.52 -6.05%

BANC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jul 01, 2024 $0.100 0.779%
2 Mar 14, 2024 Mar 14, 2024 Apr 01, 2024 $0.100 0.686%
3 Nov 10, 2023 Dec 14, 2023 Jan 02, 2024 $0.100 0.752%
4 Aug 03, 2023 Sep 14, 2023 Oct 02, 2023 $0.100 0.83%
5 May 12, 2023 Jun 14, 2023 Jul 03, 2023 $0.100 0.85%

FAQ

What is the symbol for Banc of California Inc Stock and on which exchange is it traded?
The symbol for Banc of California Inc is BANC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Banc of California Inc Stock?
Banc of California Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

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

What's the current price of Banc of California Inc Stock?
As of the end of day on the Jul 19, 2024, the price of an Banc of California Inc (BANC) share was $14.39.

What is the 52-week high and low for Banc of California Inc Stock?
The 52-week high for Banc of California Inc Stock is $16.08 and the 52-week low is $9.96.

What is the market capitalization of Banc of California Inc Stock?
As of the Jul 19, 2024, the market capitalization of Banc of California Inc is 2.423B.

When is the next earnings date for Banc of California Inc?
The upcoming earnings date for Banc of California Inc is Jul 23, 2024.
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About Banc of California Inc

Banc of California Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company offers deposit products, including checking, savings, money market, retirement, and interest-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and ... BANC Profile

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