BOK Financial Corporation Stock Forecast
BOK Financial Corporation stock price ended at $90.24 on Wednesday, after gaining 1.70%.
(Updated on May 01, 2024)
The BOK Financial Corporation stock price gained 1.70% on the last trading day (Wednesday, 1st May 2024), rising from $88.73 to $90.24. During the last trading day the stock fluctuated 3.32% from a day low at $88.77 to a day high of $91.72. The price has risen in 7 of the last 10 days and is up by 6% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 35 thousand more shares were traded than the day before. In total, 151 thousand shares were bought and sold for approximately $13.60 million.
The stock lies in the middle of a 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 10.00% during the next 3 months and, with a 90% probability hold a price between $95.18 and $103.13 at the end of this 3-month period.
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BOKF Signals & Forecast
The BOK Financial Corporation 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 $90.55. On a fall, the stock will find some support from the long-term average at approximately $88.75. 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). Volume is rising along with the price. This is considered to be a good technical signal. 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 Wednesday, April 24, 2024, and so far it has fallen -3.02%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for BOK Financial Corporation stock
BOK Financial Corporation finds support from accumulated volume at $87.22 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.95 (3.32%) between high and low. For the last week, the stock has had daily average volatility of 2.24%.
Our recommended stop-loss: $85.92 (-4.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (BOKF) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect BOK Financial Corporation to open at $90.24, and during the day (based on 14 day Average True Range), to move between $88.10 and $92.38, which gives a possible trading interval of +/-$2.14 (+/-2.37%) up or down from last closing price. If BOK Financial Corporation takes out the full calculated possible swing range there will be an estimated 4.73% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $91.11 (0.96%) than the support at $87.22 (3.35%), 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 BOK Financial Corporation 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 BOK Financial Corporation stock to perform well in the short-term.
Current score: 1.038 Buy Candidate Unchanged
Predicted Opening Price for BOK Financial Corporation of Thursday, May 2, 2024
Fair opening price May 2, 2024 | Current price |
---|---|
$90.24 ( 0.0037%) | $90.24 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BOKF
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 93.19 | 3.27 % | |
R2 | 92.07 | 2.02 % | ||
R1 | 91.37 | 1.25 % | ||
Current price: | 90.24 | |||
Support | S1 | 89.12 | -1.25 % | |
S2 | 88.42 | -2.02 % | ||
S3 | 87.29 | -3.27 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 93.05 | 3.11 % | |
R2 | 92.00 | 1.95 % | ||
R1 | 91.11 | 0.96 % | ||
Current price | 90.24 | |||
Support | S1 | 87.22 | -3.35% | |
S2 | 86.24 | -4.43% | ||
S3 | 85.01 | -5.80% |
BOKF Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jan 30, 2024 | Feb 13, 2024 | Feb 28, 2024 | $0.550 | 0.655% |
2 | Oct 31, 2023 | Nov 14, 2023 | Nov 30, 2023 | $0.550 | 0.766% |
3 | Aug 01, 2023 | Aug 14, 2023 | Aug 30, 2023 | $0.540 | 0.654% |
4 | May 02, 2023 | May 12, 2023 | May 30, 2023 | $0.540 | 0.645% |
5 | Jan 31, 2023 | Feb 13, 2023 | May 30, 2023 | $0.540 | 0.645% |
FAQ
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