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Weaker Hold
Today CIVB ranks #3034 as hold candidate. Get a Free Stock at Robinhood
Stronger Stock

$23.83 (-1.37%)

Volume: 27k

Closed: Nov 29, 2021

Hollow Logo Score: -0.634

Civista Bancshares Stock Forecast

$23.83 (-1.37%)

Volume: 27k

Closed: Nov 29, 2021

Score Hollow Logo -0.634
Which way will CIVB go? Request
Stop-loss: $22.32 (-6.34%)
Key Stats
P/E Ratio 9.01
Beta 1.13
Trailing Dividend Rate 2.16% ($0.52)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 30 - 75 ] RSI14 is 33 and the stock is currently not being overbought or oversold

Stronger technical forecast for Civista Bancshares stock price after Monday trading.
(Updated on Nov 29, 2021)


Hold candidate since 2021-11-29

The Civista Bancshares stock price fell by -1.37% on the last day (Monday, 29th Nov 2021) from $24.16 to $23.83. and has now fallen 4 days in a row. During the day the stock fluctuated 4.67% from a day low at $23.75 to a day high of $24.86. The price has fallen in 6 of the last 10 days and is down by -5.62% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 thousand shares and in total, 27 thousand shares were bought and sold for approximately $641.67 thousand.

Given the current short-term trend, the stock is expected to rise 12.93% during the next 3 months and, with a 90% probability hold a price between $26.91 and $29.24 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The Civista Bancshares stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $24.98 and $24.96. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, November 23, 2021, and so far it has fallen -7.46%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss

Civista Bancshares finds support from accumulated volume at $23.08 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 therefore the general risk is considered very 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 $1.11 between high and low, or 4.67%. For the last week the stock has had a daily average volatility of 3.53%

Our recommended stop-loss: $22.32 (-6.34%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

Is Civista Bancshares stock A Buy?

Civista Bancshares holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.634

Predicted Opening Price for Civista Bancshares of Tuesday, November 30, 2021

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

Fair opening price November 30, 2021 Current price
$24.15 $23.83 (Undervalued)
Hold/Accumulate Upgraded

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Analyst Ratings

DA Davidson is very positive about CIVB and gave it a "Neutral - Buy" rating on Jan 04, 2021. The price target was changed from $19.00 to $24.00.

Volatility and Risk
Daily Average Volatility: 3.53 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.53 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $24.06
Price: $23.83
Support: $23.08

CIVB Insider Trading Show all Trades

INSIDER POWER

2.287

Last 100 transactions
Buy: 43 439 | Sell: 18 994 (Shares)
Date Action Amount Person Type
Oct 22, 2021 Sell 2 231 Betts John A Common
Aug 02, 2021 Buy 14 Betts John A Common
Jul 28, 2021 Buy 325 Singer Harry Common
May 27, 2021 Buy 628 Nickles Allen R Common
May 27, 2021 Buy 628 Miller James O Common
Show all Insider Trades
INSIDER POWER

2.287

Last 100 transactions
Buy: 43 439 | Sell: 18 994 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 25.26 5.99 %
24.83 4.21 %
24.57 3.11 %
Current price: 23.83
Support 23.72 -0.45 %
23.46 -1.55 %
23.04 -3.33 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 25.25 5.96 %
24.99 4.87 %
24.06 0.97 %
Current price 23.83
Support 23.08 -3.15%
22.73 -4.62%
22.53 -5.46%

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About Civista Bancshares

Civista Bancshares, Inc. operates as the holding company for Civista Bank that engages in the community banking business in Ohio. The company’s deposit products include noninterest-bearing and interest-bearing demand deposits, money market deposit accounts, and certificates of deposit. Its loan portfolio comprises residential real estate mortgages, commercial real estate loans, commercial and agriculture loans, real estate construction loans, an... Read more

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