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 BELFB
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Red day on Friday for Bel Fuse Inc. stock after losing 3.38%
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jul 10, 2024 Loss -0.48% PDF

The Bel Fuse Inc. stock price fell by -3.38% on the last day (Friday, 19th Jul 2024) from $68.84 to $66.51. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 4.03% from a day low at $66.29 to a day high of $68.96. The price has been going up and down for this period, and there has been a 4.61% gain for the last 2 weeks. Volume has increased on the last day by 54 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, 93 thousand shares were bought and sold for approximately $6.17 million.

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 12.60% during the next 3 months and, with a 90% probability hold a price between $73.09 and $81.75 at the end of this 3-month period.

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BELFB Signals & Forecast

The Bel Fuse Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $69.24. On a fall, the stock will find some support from the long-term average at approximately $66.23. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Tuesday, July 16, 2024, and so far it has fallen -7.88%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Bel Fuse Inc. stock

Bel Fuse Inc. finds support from accumulated volume at $65.24 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 $2.67 between high and low, or 4.03%. For the last week, the stock has had daily average volatility of 3.40%.

Our recommended stop-loss: $64.46 (-3.08%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 19 days ago.)

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

For the upcoming trading day on Monday, 22nd we expect Bel Fuse Inc. to open at $67.25, and during the day (based on 14 day Average True Range), to move between $64.39 and $68.63, which gives a possible trading interval of +/-$2.12 (+/-3.18%) up or down from last closing price. If Bel Fuse Inc. takes out the full calculated possible swing range there will be an estimated 6.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $67.40 (1.34%) than the support at $65.24 (1.91%), 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

Bel Fuse Inc. will release earnings AMC on Wednesday, July 24, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.92. We will update the financials statements for Bel Fuse Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 7.52% in the first trading day after earnings release.

Is Bel Fuse Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Bel Fuse Inc. stock to perform well in the short-term.

Current score: 1.802 Buy Candidate Unchanged

Predicted Opening Price for Bel Fuse Inc. of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$67.25 ( 1.12%) $66.51

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

Trading levels for BELFB

Fibonacci Support & Resistance Levels

Level Price
R3 69.92 5.13%
R2 68.90 3.60%
R1 68.27 2.65%
Price 66.51
S1 66.23 -0.416%
S2 65.60 -1.36%
S3 64.58 -2.90%

Accumulated Volume Support & Resistance Levels

Level Price
R3 69.04 3.80%
R2 68.20 2.54%
R1 67.40 1.34%
Price 66.51
S1 65.24 -1.91%
S2 60.78 -8.62%
S3 57.91 -12.93%

BELFB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 30, 2024 Jul 15, 2024 Aug 01, 2024 $0.0700 0.105%
2 Apr 30, 2024 Jul 12, 2024 Aug 01, 2024 $0.0700 0.105%
3 Feb 21, 2024 Apr 12, 2024 May 01, 2024 $0.0700 0.120%
4 Nov 02, 2023 Jan 12, 2024 Feb 01, 2024 $0.0700 0.101%
5 Nov 01, 2023 Jan 11, 2024 Feb 01, 2024 $0.0700 0.101%

FAQ

What is the symbol for Bel Fuse Inc. Stock and on which exchange is it traded?
The symbol for Bel Fuse Inc. is BELFB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Bel Fuse Inc. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Bel Fuse Inc. stock to perform well in the short-term.

How to buy Bel Fuse Inc. Stock?
Bel Fuse 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 Bel Fuse Inc. Stock.

What's the current price of Bel Fuse Inc. Stock?
As of the end of day on the Jul 19, 2024, the price of an Bel Fuse Inc. (BELFB) share was $66.51.

What is the 52-week high and low for Bel Fuse Inc. Stock?
The 52-week high for Bel Fuse Inc. Stock is $74.75 and the 52-week low is $39.13.

What is the market capitalization of Bel Fuse Inc. Stock?
As of the Jul 19, 2024, the market capitalization of Bel Fuse Inc. is 865.124M.

When is the next earnings date for Bel Fuse Inc.?
The upcoming earnings date for Bel Fuse Inc. is Jul 24, 2024.
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About Bel Fuse Inc.

Bel Fuse. Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, e-Mobility and broadcasting, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally. It offers magnetic products, such as integrated connector modules; power tr... BELFB Profile

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