Catalyst Bancorp, Inc. Stock Forecast
Green day on Monday for Catalyst Bancorp, Inc.
(Updated on Jun 17, 2024)
The Catalyst Bancorp, Inc. stock price gained 0.173% on the last trading day (Monday, 17th Jun 2024), rising from $11.58 to $11.60. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.259% from a day low at $11.57 to a day high of $11.60. The price has risen in 5 of the last 10 days but is still down by -0.51% for this period. Volume fell on the last day by -11 thousand shares and in total, 3 thousand shares were bought and sold for approximately $39.81 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 is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Catalyst Bancorp, Inc. stock with a 90% probability to be traded between $11.33 and $11.51 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. 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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CLST Signals & Forecast
There are mixed signals in the stock today. The Catalyst Bancorp, 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 $11.67. On a fall, the stock will find some support from the short-term average at $11.58. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A buy signal was issued from a pivot bottom point on Wednesday, June 12, 2024, and so far it has risen 0.433%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Catalyst Bancorp, Inc. stock
Catalyst Bancorp, Inc. finds support from accumulated volume at $11.58 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 $0.0300 between high and low, or 0.259%. For the last week the stock has had daily average volatility of 0.242%
Our recommended stop-loss: $10.96 (-5.55%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 49 days ago.)
Trading Expectations (CLST) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Catalyst Bancorp, Inc. to open at $11.59, and during the day (based on 14 day Average True Range), to move between $11.56 and $11.64, which gives a possible trading interval of +/-$0.0395 (+/-0.34%) up or down from last closing price. If Catalyst Bancorp, Inc. takes out the full calculated possible swing range there will be an estimated 0.68% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $11.58 (0.17%) than the resistance at $11.70 (0.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Catalyst Bancorp, Inc. stock A Buy?
Catalyst Bancorp, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.207 Hold/Accumulate Unchanged
Predicted Opening Price for Catalyst Bancorp, Inc. of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $11.59 ( 0.0862%) | $11.60 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CLST
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 11.62 | 0.172% |
| R2 | 11.61 | 0.0736% |
| R1 | 11.60 | 0.0126% |
| Price | 11.60 | |
| S1 | 11.58 | -0.185% |
| S2 | 11.57 | -0.246% |
| S3 | 11.56 | -0.345% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 11.84 | 2.07% |
| R2 | 11.76 | 1.38% |
| R1 | 11.70 | 0.86% |
| Price | 11.60 | |
| S1 | 11.58 | -0.172% |
| S2 | 11.57 | -0.259% |
| S3 | 11.56 | -0.342% |
FAQ
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