Barings BDC Inc. 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
Evaluation of Barings BDC Inc. stock downgraded after the last trading session.
(Updated on May 02, 2024)
The Barings BDC Inc. stock price fell by -0.737% on the last day (Thursday, 2nd May 2024) from $9.50 to $9.43. During the last trading day the stock fluctuated 1.70% from a day low at $9.41 to a day high of $9.57. The price has fallen in 6 of the last 10 days but is still up by 1.95% over the past 2 weeks. Volume has increased on the last day by 30 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 356 thousand shares were bought and sold for approximately $3.36 million.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Barings BDC Inc. stock with a 90% probability to be traded between $9.30 and $10.22 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
BBDC Signals & Forecast
The Barings BDC 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 $9.34 and $9.23. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 4.43%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Wednesday, July 12, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Wednesday, July 12, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Barings BDC Inc. stock
Barings BDC Inc. finds support from accumulated volume at $9.40 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 $0.160 between high and low, or 1.70%. For the last week the stock has had daily average volatility of 1.43%.
Our recommended stop-loss: $9.05 (-3.99%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 28 days ago.)
Trading Expectations (BBDC) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Barings BDC Inc. to open at $9.47, and during the day (based on 14 day Average True Range), to move between $9.29 and $9.57, which gives a possible trading interval of +/-$0.141 (+/-1.50%) up or down from last closing price. If Barings BDC Inc. takes out the full calculated possible swing range there will be an estimated 3.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $9.45 (0.21%) than the support at $9.40 (0.32%), 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.
Earnings coming up
Barings BDC Inc. will release earnings BMO on Tuesday, May 07, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.300. We will update the financials statements for Barings BDC Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.94% in the first trading day after earnings release.
Is Barings BDC Inc. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Barings BDC Inc. stock to perform well in the short-term period. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.
Current score: 3.457 Buy Candidate Downgraded
Predicted Opening Price for Barings BDC Inc. of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $9.47 ( 0.424%) | $9.43 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BBDC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.63 | 2.12 % | |
| R2 | 9.57 | 1.47 % | ||
| R1 | 9.53 | 1.07 % | ||
| Current price: | 9.43 | |||
| Support | S1 | 9.41 | -0.224 % | |
| S2 | 9.37 | -0.624 % | ||
| S3 | 9.31 | -1.27 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.82 | 4.14 % | |
| R2 | 9.63 | 2.12 % | ||
| R1 | 9.45 | 0.212 % | ||
| Current price | 9.43 | |||
| Support | S1 | 9.40 | -0.318% | |
| S2 | 9.26 | -1.80% | ||
| S3 | 9.23 | -2.12% |
BBDC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 22, 2024 | Mar 05, 2024 | Mar 13, 2024 | $0.260 | 2.77% |
| 2 | Nov 09, 2023 | Dec 05, 2023 | Dec 13, 2023 | $0.260 | 2.95% |
| 3 | Aug 09, 2023 | Sep 05, 2023 | Sep 13, 2023 | $0.260 | 2.92% |
| 4 | May 04, 2023 | Jun 06, 2023 | Jun 14, 2023 | $0.250 | 3.18% |
| 5 | Feb 23, 2023 | Mar 07, 2023 | Mar 15, 2023 | $0.250 | 3.24% |
FAQ
Click here for our free guide on how to buy Barings BDC Inc. Stock.
