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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BCBP
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BCB Bancorp stock upgraded to Sell Candidate.
(Updated on Feb 29, 2024)

Sell candidate since Jan 31, 2024 Loss -15.54% PDF
The BCB Bancorp stock price gained 0.96% on the last trading day (Thursday, 29th Feb 2024), rising from $10.39 to $10.49. During the last trading day the stock fluctuated 2.94% from a day low at $10.43 to a day high of $10.74. The price has been going up and down for this period, and there has been a -5.5% loss for the last 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 30 thousand shares were bought and sold for approximately $310.02 thousand. 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 in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $9.93 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -10.83% during the next 3 months and, with a 90% probability hold a price between $8.85 and $11.64 at the end of this 3-month period.

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BCBP Signals & Forecast

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. The BCB Bancorp 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 $10.66 and $11.86. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, February 12, 2024, and so far it has fallen -14.30%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for BCB Bancorp stock

BCB Bancorp finds support from accumulated volume at $10.48 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.307 between high and low, or 2.94%. For the last week the stock has had daily average volatility of 2.35%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BCBP) For The Upcoming Trading Day Of Friday 1st

For the upcoming trading day on Friday, 1st we expect BCB Bancorp to open at $10.55, and during the day (based on 14 day Average True Range), to move between $10.00 and $10.98, which gives a possible trading interval of +/-$0.491 (+/-4.68%) up or down from last closing price. If BCB Bancorp takes out the full calculated possible swing range there will be an estimated 9.36% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.48 (0.10%) than the resistance at $12.24 (16.68%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is BCB Bancorp stock A Buy?

BCB Bancorp holds several negative signals and is within a very 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -2.911 Sell Candidate Upgraded

Predicted Opening Price for BCB Bancorp of Friday, March 1, 2024

Fair opening price March 1, 2024 Current price
$10.55 ( 0.593%) $10.49

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

News Digest

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.86 3.51 %
R2 10.74 2.40 %
R1 10.67 1.71 %
Current price: 10.49
Support S1 10.44 -0.524 %
S2 10.36 -1.21 %
S3 10.25 -2.33 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.94 23.36 %
R2 12.64 20.50 %
R1 12.24 16.68 %
Current price 10.49
Support S1 10.48 -0.0953%
S2 10.39 -0.95%
S3 10.29 -1.91%

FAQ

What is the symbol for BCB Bancorp Stock and on which exchange is it traded?
The symbol for BCB Bancorp is BCBP and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell BCB Bancorp Stock?
BCB Bancorp holds several negative signals and is within a very 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

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

What's the current price of BCB Bancorp Stock?
As of the end of day on the 2024-02-29, the price of an BCB Bancorp (BCBP) share was $10.49.

What is the 52-week high and low for BCB Bancorp Stock?
The 52-week high for BCB Bancorp Stock is $17.41 and the 52-week low is $9.40.

What is the market capitalization of BCB Bancorp Stock?
As of the 2024-02-29, the market capitalization of BCB Bancorp is 175.051M.

When is the next earnings date for BCB Bancorp?
The upcoming earnings date for BCB Bancorp is Apr 16, 2024.

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About BCB Bancorp

BCB Ban BCB Bancorp, Inc. operates as a bank holding company for BCB Community Bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts. It also provides loans, such as commercial and multi-family real esta... BCBP Profile

BCBP Dividend Data

5.53%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Frequency Quarterly
Amount Per Share $0.160
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