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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 BGS
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Green day on Friday for B&G Foods Inc
(Updated on Jun 21, 2024)

Sell candidate since Jun 13, 2024 Loss -5.76% PDF

The B&G Foods Inc stock price gained 2.46% on the last trading day (Friday, 21st Jun 2024), rising from $8.14 to $8.34. During the last trading day the stock fluctuated 3.43% from a day low at $8.16 to a day high of $8.44. The price has fallen in 7 of the last 10 days and is down by -11.93% for this period. Volume fell on the last day by -53 thousand shares and in total, 1 million shares were bought and sold for approximately $9.17 million. 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 middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -22.77% during the next 3 months and, with a 90% probability hold a price between $5.15 and $7.81 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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BGS Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 10, 2024, and so far it has risen 4.12%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The B&G Foods Inc 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 $8.54 and $9.41. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for B&G Foods Inc stock

B&G Foods Inc finds support from accumulated volume at $8.28 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 $0.280 between high and low, or 3.43%. For the last week, the stock has had daily average volatility of 3.38%.

B&G Foods Inc is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (BGS) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect B&G Foods Inc to open at $8.31, and during the day (based on 14 day Average True Range), to move between $8.02 and $8.66, which gives a possible trading interval of +/-$0.323 (+/-3.87%) up or down from last closing price. If B&G Foods Inc takes out the full calculated possible swing range there will be an estimated 7.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $8.28 (0.72%) than the resistance at $8.54 (2.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is B&G Foods Inc stock A Buy?

B&G Foods Inc 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.

Current score: -2.098 Sell Candidate Unchanged

Predicted Opening Price for B&G Foods Inc of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$8.31 ( 0.320%) $8.34

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

Trading levels for BGS

Fibonacci Support & Resistance Levels

Level Price
R3 8.59 3.04%
R2 8.49 1.76%
R1 8.42 0.96%
Price 8.34
S1 8.21 -1.60%
S2 8.14 -2.39%
S3 8.03 -3.68%

Accumulated Volume Support & Resistance Levels

Level Price
R3 9.55 14.51%
R2 8.57 2.76%
R1 8.54 2.40%
Price 8.34
S1 8.28 -0.719%
S2 8.14 -2.40%
S3 8.01 -3.96%

BGS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 21, 2024 Jun 28, 2024 Jul 30, 2024 $0.190 2.28%
2 Mar 27, 2024 Mar 27, 2024 Apr 30, 2024 $0.190 1.71%
3 Nov 13, 2023 Dec 28, 2023 Jan 30, 2024 $0.190 1.84%
4 Aug 01, 2023 Sep 28, 2023 Oct 30, 2023 $0.190 2.29%
5 May 16, 2023 Jun 29, 2023 Jul 31, 2023 $0.190 1.43%

FAQ

What is the symbol for B&G Foods Inc Stock and on which exchange is it traded?
The symbol for B&G Foods Inc is BGS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell B&G Foods Inc Stock?
B&G Foods Inc 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.

How to buy B&G Foods Inc Stock?
B&G Foods 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 B&G Foods Inc Stock.

What's the current price of B&G Foods Inc Stock?
As of the end of day on the Jun 21, 2024, the price of an B&G Foods Inc (BGS) share was $8.34.

What is the 52-week high and low for B&G Foods Inc Stock?
The 52-week high for B&G Foods Inc Stock is $15.15 and the 52-week low is $7.20.

What is the market capitalization of B&G Foods Inc Stock?
As of the Jun 21, 2024, the market capitalization of B&G Foods Inc is 643.476M.

When is the next earnings date for B&G Foods Inc?
The upcoming earnings date for B&G Foods Inc is Aug 01, 2024.
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About B&G Foods Inc

B&G Foods B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company's products include frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syru... BGS Profile

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