Baraboo Bancorporation, Inc. (THE) Stock Forecast
Baraboo Bancorporation, Inc. (THE) stock price up 2.69% on Tuesday
(Updated on Jun 25, 2024)
The Baraboo Bancorporation, Inc. (THE) stock price gained 2.69% on the last trading day (Tuesday, 25th Jun 2024), rising from $2.97 to $3.05. During the last trading day the stock fluctuated 2.01% from a day low at $2.99 to a day high of $3.05. The price has been going up and down for this period, and there has been a -1.61% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 600 more shares were traded than the day before. In total, 600 shares were bought and sold for approximately $1.83 thousand.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 30.40% during the next 3 months and, with a 90% probability hold a price between $3.75 and $4.15 at the end of this 3-month period.
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BAOB Signals & Forecast
The Baraboo Bancorporation, Inc. (THE) 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 $3.01 and $2.81. A breakdown below any of these levels will issue sell signals. Baraboo Bancorporation, Inc. (THE) has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. 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. A sell signal was issued from a pivot top point on Friday, June 14, 2024, and so far it has fallen -1.61%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Baraboo Bancorporation, Inc. (THE) stock
Baraboo Bancorporation, Inc. (THE) finds support from accumulated volume at $3.04 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 $0.0600 between high and low, or 2.01%. For the last week, the stock has had daily average volatility of 0.603%.
Our recommended stop-loss: $2.92 (-4.30%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (BAOB) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Baraboo Bancorporation, Inc. (THE) to open at $3.03, and during the day (based on 14 day Average True Range), to move between $3.01 and $3.09, which gives a possible trading interval of +/-$0.0421 (+/-1.38%) up or down from last closing price. If Baraboo Bancorporation, Inc. (THE) takes out the full calculated possible swing range there will be an estimated 2.76% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $3.04 (0.33%) than the resistance at $3.10 (1.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Baraboo Bancorporation, Inc. (THE) stock A Buy?
Baraboo Bancorporation, Inc. (THE) 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Baraboo Bancorporation, Inc. (THE) of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $3.03 ( 0.656%) | $3.05 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BAOB
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3.09 | 1.31% |
| R2 | 3.07 | 0.560% |
| R1 | 3.05 | 0.0957% |
| Price | 3.05 | |
| S1 | 3.01 | -1.41% |
| S2 | 2.99 | -1.87% |
| S3 | 2.97 | -2.62% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 3.10 | 1.64% |
| Price | 3.05 | |
| S1 | 3.04 | -0.328% |
| S2 | 2.48 | -18.69% |
| S3 | 2.44 | -20.00% |
BAOB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 18, 2024 | Jun 18, 2024 | Jun 18, 2024 | $0.0300 | 1.01% |
| 2 | Mar 18, 2024 | Mar 18, 2024 | Mar 19, 2024 | $0.0300 | 1.22% |
| 3 | Dec 13, 2023 | Dec 18, 2023 | Dec 19, 2023 | $0.0300 | 1.13% |
| 4 | Sep 20, 2023 | Sep 25, 2023 | Sep 26, 2023 | $0.0300 | 0.95% |
| 5 | Jun 14, 2023 | Jun 16, 2023 | Jun 20, 2023 | $0.0300 | 0.96% |
FAQ
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