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:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

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

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 CIZN
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Citizens Holding Company stock upgraded from Hold/Accumulate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Citizens Holding Company stock price gained 2.08% on the last trading day (Thursday, 28th Mar 2024), rising from $7.70 to $7.86. During the last trading day the stock fluctuated 1.78% from a day low at $7.72 to a day high of $7.86. The price has risen in 6 of the last 10 days and is up by 1.42% 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, 8 thousand more shares were traded than the day before. In total, 9 thousand shares were bought and sold for approximately $72.31 thousand.

The stockis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $7.91 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Citizens Holding Company stock with a 90% probability to be traded between $7.52 and $7.86 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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CIZN Signals & Forecast

Mostly positive signals in the chart today. The Citizens Holding Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $7.73 and $7.77. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 2.75%. 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). Citizens Holding Company has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Tuesday, March 05, 2024 and based on theory for this formation the price should go up by 0.85% to $7.93 within 24 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for Citizens Holding Company stock

Citizens Holding Company finds support from accumulated volume at $7.84 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 $0.138 between high and low, or 1.78%. For the last week the stock has had daily average volatility of 0.87%.

Our recommended stop-loss: $7.46 (-5.03%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Citizens Holding Company to open at $7.81, and during the day (based on 14 day Average True Range), to move between $7.75 and $7.97, which gives a possible trading interval of +/-$0.109 (+/-1.39%) up or down from last closing price. If Citizens Holding Company takes out the full calculated possible swing range there will be an estimated 2.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.87 (0.13%) than the support at $7.84 (0.25%), 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 Citizens Holding Company stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Citizens Holding Company stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.157 Buy Candidate Upgraded

Predicted Opening Price for Citizens Holding Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$7.81 ( 0.583%) $7.86

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

Trading levels for CIZN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.95 1.17 %
R2 7.90 0.498 %
R1 7.87 0.0851 %
Current price: 7.86
Support S1 7.76 -1.25 %
S2 7.73 -1.66 %
S3 7.68 -2.33 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 7.95 1.15 %
R2 7.89 0.382 %
R1 7.87 0.127 %
Current price 7.86
Support S1 7.84 -0.254%
S2 7.80 -0.763%
S3 7.70 -2.04%

CIZN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 13, 2024 Mar 13, 2024 Mar 29, 2024 $0.160 2.04%
2 Nov 30, 2023 Dec 14, 2023 Dec 29, 2023 $0.160 2.06%
3 Sep 12, 2023 Sep 21, 2023 Sep 29, 2023 $0.160 1.52%
4 Jun 02, 2023 Jun 15, 2023 Jun 30, 2023 $0.160 1.31%
5 Mar 06, 2023 Mar 16, 2023 Mar 31, 2023 $0.240 1.99%

FAQ

What is the symbol for Citizens Holding Company Stock and on which exchange is it traded?
The symbol for Citizens Holding Company is CIZN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Citizens Holding Company Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Citizens Holding Company stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Citizens Holding Company Stock?
Citizens Holding Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Citizens Holding Company Stock.

What's the current price of Citizens Holding Company Stock?
As of the end of day on the 2024-03-28, the price of an Citizens Holding Company (CIZN) share was $7.86.

What is the 52-week high and low for Citizens Holding Company Stock?
The 52-week high for Citizens Holding Company Stock is $12.89 and the 52-week low is $6.64.

What is the market capitalization of Citizens Holding Company Stock?
As of the 2024-03-28, the market capitalization of Citizens Holding Company is 44.145M.

When is the next earnings date for Citizens Holding Company?
The upcoming earnings date for Citizens Holding Company is Apr 22, 2024.
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About Citizens Holding Company

Citizens Holding Company Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. The company offers demand deposits, as well as savings and time deposit accounts. It also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, ind... CIZN Profile

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