RSI low/high Values: [ 25 - 70 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BKSC
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Green day on Thursday for Bank of South Carolina Corp.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 0.75% PDF

The Bank of South Carolina Corp. stock price gained 1.19% on the last trading day (Thursday, 28th Mar 2024), rising from $12.59 to $12.74. During the last trading day the stock fluctuated 0% from a day low at $12.74 to a day high of $12.74. The price has risen in 6 of the last 10 days and is up by 3.16% over the past 2 weeks. Volume fell on the last day by -252 shares and in total, 283 shares were bought and sold for approximately $3.61 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 middle of a 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 -10.06% during the next 3 months and, with a 90% probability hold a price between $10.16 and $12.15 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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BKSC Signals & Forecast

The Bank of South Carolina Corp. 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 $12.53 and $12.43. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 08, 2024, and so far it has risen 9.45%. 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 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 not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Bank of South Carolina Corp. stock

Bank of South Carolina Corp. finds support from accumulated volume at $12.65 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 controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.522%.

Our recommended stop-loss: $12.23 (-3.97%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 14 days ago.)

Trading Expectations (BKSC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Bank of South Carolina Corp. to open at $12.74, and during the day (based on 14 day Average True Range), to move between $12.51 and $12.97, which gives a possible trading interval of +/-$0.227 (+/-1.78%) up or down from last closing price. If Bank of South Carolina Corp. takes out the full calculated possible swing range there will be an estimated 3.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.79 (0.39%) than the support at $12.65 (0.75%), 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.

Is Bank of South Carolina Corp. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.339 Buy Candidate Unchanged

Predicted Opening Price for Bank of South Carolina Corp. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$12.74 ( 0%) $12.74

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

Trading levels for BKSC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.74 .
R2 12.74 .
R1 12.74 .
Current price: 12.74
Support S1 12.74 .
S2 12.74 .
S3 12.74 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.25 4.00 %
R2 12.80 0.471 %
R1 12.79 0.392 %
Current price 12.74
Support S1 12.65 -0.746%
S2 12.20 -4.24%
S3 11.93 -6.36%

BKSC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 02, 2024 Jan 02, 2024 Jan 31, 2024 $0.170 1.33%
2 Sep 29, 2023 Oct 06, 2023 Oct 31, 2023 $0.170 1.49%
3 Jun 22, 2023 Jun 30, 2023 Jul 31, 2023 $0.170 1.20%
4 Jun 28, 2023 Apr 03, 2023 Apr 28, 2023 $0.170 1.18%
5 Dec 15, 2022 Dec 23, 2022 Jan 31, 2023 $0.170 1.03%

FAQ

What is the symbol for Bank of South Carolina Corp. Stock and on which exchange is it traded?
The symbol for Bank of South Carolina Corp. is BKSC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Bank of South Carolina Corp. Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Bank of South Carolina Corp. Stock?
Bank of South Carolina Corp. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Bank of South Carolina Corp. Stock.

What's the current price of Bank of South Carolina Corp. Stock?
As of the end of day on the 2024-03-28, the price of an Bank of South Carolina Corp. (BKSC) share was $12.74.

What is the 52-week high and low for Bank of South Carolina Corp. Stock?
The 52-week high for Bank of South Carolina Corp. Stock is $16.63 and the 52-week low is $9.52.

What is the market capitalization of Bank of South Carolina Corp. Stock?
As of the 2024-03-28, the market capitalization of Bank of South Carolina Corp. is 69.596M.

When is the next earnings date for Bank of South Carolina Corp.?
The upcoming earnings date for Bank of South Carolina Corp. is Apr 09, 2024.
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About Bank of South Carolina Corp.

Bank of South Carolina . Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit. The company offers secured and unsecured comm... BKSC Profile

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