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Weaker Stock
Today BELFB ranks #12826 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$12.53 (0.32%)

Volume: 54k

Closed: Dec 08, 2021

Hollow Logo Score: -1.695

Bel Fuse Inc. Stock Forecast

$12.53 (0.32%)

Volume: 54k

Closed: Dec 08, 2021

Score Hollow Logo -1.695
Which way will BELFB go? Request
Key Stats
P/E Ratio 7.81
Beta 1.38
Trailing Dividend Rate 2.22% ($0.28)
Next Dividend Date Jan 13, 2022
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 25 and the stock is currently not being overbought or oversold

Green day on Wednesday for Bel Fuse Inc. stock after gaining 0.32%
(Updated on Dec 08, 2021)


Sell candidate since 2021-12-03 Gain 1.21%

The Bel Fuse Inc. stock price gained 0.32% on the last trading day (Wednesday, 8th Dec 2021), rising from $12.49 to $12.53. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.60% from a day low at $12.49 to a day high of $12.69. The price has fallen in 5 of the last 10 days and is down by -3.98% for this period. Volume fell on the last day by -14 thousand shares and in total, 54 thousand shares were bought and sold for approximately $676.95 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 part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $12.07 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.09% during the next 3 months and, with a 90% probability hold a price between $12.69 and $15.85 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. The Bel Fuse Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $13.20. On a fall, the stock will find some support from the short-term average at $12.35. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A buy signal was issued from a pivot bottom point on Tuesday, November 30, 2021, and so far it has risen 4.07%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss

Bel Fuse Inc. finds support from accumulated volume at $12.38 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.20 between high and low, or 1.60%. For the last week the stock has had a daily average volatility of 3.91%.

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

Is Bel Fuse Inc. stock A Buy?

Bel Fuse Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.695

Predicted Opening Price for Bel Fuse Inc. of Thursday, December 9, 2021

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

Fair opening price December 9, 2021 Current price
$12.57 $12.53 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

Needham & Company LLC is very positive about BELFB and gave it a "Buy" rating on May 10, 2021. The price target was changed from $19.00 to $20.00.

Volatility and Risk
Daily Average Volatility: 3.91 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.91 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $13.05
Price: $12.53
Support: $12.38

BELFB Insider Trading Show all Trades

INSIDER POWER

1.726

Last 100 transactions
Buy: 557 287 | Sell: 322 899 (Shares)
Date Action Amount Person Type
Nov 30, 2021 Buy 500 Tuweiq Farouq Salem Ali Class B Common Stock
Nov 30, 2021 Buy 393 Tuweiq Farouq Salem Ali Class A Common Stock
Nov 26, 2021 Buy 500 Tuweiq Farouq Salem Ali Class B Common Stock
Nov 24, 2021 Buy 107 Tuweiq Farouq Salem Ali Class A Common Stock
Nov 16, 2021 Sell 3 000 Bernstein Daniel Class B Common Stock
Show all Insider Trades
INSIDER POWER

1.726

Last 100 transactions
Buy: 557 287 | Sell: 322 899 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 12.77 1.92 %
12.69 1.31 %
12.65 0.93 %
Current price: 12.53
Support 12.49 -0.29 %
12.45 -0.67 %
12.37 -1.28 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 14.45 15.32 %
13.92 11.09 %
13.05 4.15 %
Current price 12.53
Support 12.38 -1.20%
12.20 -2.63%
12.04 -3.91%

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About Bel Fuse Inc.

Bel Fuse Bel Fuse Inc. designs, manufactures, markets, and sells products used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries worldwide. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components. The company also provides power solutions... Read more

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