CHS Inc Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
CHS Inc stock downgraded to Sell Candidate
(Updated on Apr 24, 2024)
No changes to the price of CHS Inc stock on the last trading day (Wednesday, 24th Apr 2024). During the last trading day the stock fluctuated 0.86% from a day low at $25.20 to a day high of $25.42. The price has risen in 6 of the last 10 days and is up by 0.16% over the past 2 weeks.
The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $25.04 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect CHS Inc stock with a 90% probability to be traded between $24.66 and $26.33 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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CHSCN Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 0.84%. 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). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. The CHS 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 $25.84. On a fall, the stock will find some support from the short-term average at $25.22. 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. The stock had a Golden Star Signal on Thursday, June 29, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Thursday, June 29, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for CHS Inc stock
CHS Inc finds support from accumulated volume at $25.26 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.216 between high and low, or 0.86%. For the last week the stock has had daily average volatility of 1.11%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CHSCN) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect CHS Inc to open at $25.31, and during the day (based on 14 day Average True Range), to move between $25.03 and $25.57, which gives a possible trading interval of +/-$0.272 (+/-1.07%) up or down from last closing price. If CHS Inc takes out the full calculated possible swing range there will be an estimated 2.15% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $25.26 (0.16%) than the resistance at $25.61 (1.23%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is CHS Inc stock A Buy?
CHS 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.206 Sell Candidate Downgraded
Predicted Opening Price for CHS Inc of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| $25.31 ( 0.0206%) | $25.30 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CHSCN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.52 | 0.87 % | |
| R2 | 25.44 | 0.547 % | ||
| R1 | 25.39 | 0.346 % | ||
| Current price: | 25.30 | |||
| Support | S1 | 25.22 | -0.305 % | |
| S2 | 25.17 | -0.506 % | ||
| S3 | 25.09 | -0.83 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.20 | 3.56 % | |
| R2 | 26.06 | 3.00 % | ||
| R1 | 25.61 | 1.23 % | ||
| Current price | 25.30 | |||
| Support | S1 | 25.26 | -0.158% | |
| S2 | 25.21 | -0.356% | ||
| S3 | 25.15 | -0.593% |
CHSCN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 13, 2024 | Jun 13, 2024 | Jun 28, 2024 | $0.444 | 1.75% |
| 2 | Jan 10, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.444 | 1.69% |
| 3 | Nov 07, 2023 | Dec 13, 2023 | Dec 29, 2023 | $0.444 | 1.78% |
| 4 | Sep 06, 2023 | Sep 15, 2023 | Oct 02, 2023 | $0.444 | 1.75% |
| 5 | Jun 05, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.444 | 1.75% |
FAQ
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