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 COHN
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Institutional Financial Markets Inc stock upgraded to Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Institutional Financial Markets Inc stock price gained 2.00% on the last trading day (Thursday, 28th Mar 2024), rising from $7.00 to $7.14. During the last trading day the stock fluctuated 4.47% from a day low at $6.93 to a day high of $7.24. The price has fallen in 6 of the last 10 days and is down by -8.94% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 10 thousand shares were bought and sold for approximately $72.40 thousand.

The stock lies in the middle of a wide and weak 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 6.45% during the next 3 months and, with a 90% probability hold a price between $6.93 and $8.43 at the end of this 3-month period.

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COHN Signals & Forecast

The Institutional Financial Markets Inc 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 $7.15. On a fall, the stock will find some support from the long-term average at approximately $7.13. 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. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 7.69%. Further rise is indicated until a new top pivot has been found. Institutional Financial Markets Inc 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Institutional Financial Markets Inc stock

Institutional Financial Markets Inc finds support from accumulated volume at $7.08 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.310 between high and low, or 4.47%. For the last week, the stock has had daily average volatility of 5.72%.

Our recommended stop-loss: $6.84 (-4.22%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Institutional Financial Markets Inc to open at $7.10, and during the day (based on 14 day Average True Range), to move between $6.63 and $7.65, which gives a possible trading interval of +/-$0.506 (+/-7.09%) up or down from last closing price. If Institutional Financial Markets Inc takes out the full calculated possible swing range there will be an estimated 14.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $7.08 (0.84%) than the resistance at $7.48 (4.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Institutional Financial Markets Inc 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 Institutional Financial Markets Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.866 Buy Candidate Upgraded

Predicted Opening Price for Institutional Financial Markets Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$7.10 ( 0.514%) $7.14

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

Trading levels for COHN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.41 3.83 %
R2 7.29 2.17 %
R1 7.22 1.15 %
Current price: 7.14
Support S1 6.98 -2.17 %
S2 6.91 -3.20 %
S3 6.79 -4.86 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 7.75 8.54 %
R2 7.50 5.04 %
R1 7.48 4.73 %
Current price 7.14
Support S1 7.08 -0.84%
S2 6.99 -2.10%
S3 6.38 -10.59%

COHN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Apr 05, 2024 $0.250 3.47%
2 Nov 02, 2023 Nov 16, 2023 Dec 01, 2023 $0.250 3.94%
3 Aug 02, 2023 Aug 17, 2023 Sep 01, 2023 $0.250 2.12%
4 May 04, 2023 May 17, 2023 Jun 02, 2023 $0.250 5.58%
5 Mar 07, 2023 Mar 21, 2023 Apr 05, 2023 $0.250 3.63%

FAQ

What is the symbol for Institutional Financial Markets Inc Stock and on which exchange is it traded?
The symbol for Institutional Financial Markets Inc is COHN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Institutional Financial Markets Inc Stock?
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 Institutional Financial Markets Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Institutional Financial Markets Inc Stock?
Institutional Financial Markets Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Institutional Financial Markets Inc Stock.

What's the current price of Institutional Financial Markets Inc Stock?
As of the end of day on the 2024-03-28, the price of an Institutional Financial Markets Inc (COHN) share was $7.14.

What is the 52-week high and low for Institutional Financial Markets Inc Stock?
The 52-week high for Institutional Financial Markets Inc Stock is $11.99 and the 52-week low is $3.29.

What is the market capitalization of Institutional Financial Markets Inc Stock?
As of the 2024-03-28, the market capitalization of Institutional Financial Markets Inc is 13.767M.

When is the next earnings date for Institutional Financial Markets Inc?
The upcoming earnings date for Institutional Financial Markets Inc is May 02, 2024.
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About Institutional Financial Markets Inc

Institutional Financial Markets Cohen & Company Inc. is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc. also manages funds and collateralized debt obligations for its clients. It invests in the fixed income and alternative investment markets across the globe. The firm's fixed income investments include U.S. trust prefer... COHN Profile

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