Citizens Financial Services, Inc. Stock Forecast
Red day on Friday for Citizens Financial Services, Inc. stock after losing 1.76%
(Updated on Jun 21, 2024)
The Citizens Financial Services, Inc. stock price fell by -1.76% on the last day (Friday, 21st Jun 2024) from $40.31 to $39.60. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 4.14% from a day low at $39.60 to a day high of $41.24. The price has fallen in 7 of the last 10 days and is down by -10.2% for this period. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 17 thousand shares were bought and sold for approximately $667.93 thousand.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.96% during the next 3 months and, with a 90% probability hold a price between $33.22 and $41.22 at the end of this 3-month period.
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CZFS Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Citizens Financial Services, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $41.88 and $43.11. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 17, 2024, and so far it has fallen -9.32%. Further fall is indicated until a new bottom pivot has been found. Citizens Financial Services, Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Citizens Financial Services, Inc. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $1.64 between high and low, or 4.14%. For the last week, the stock has had daily average volatility of 4.42%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CZFS) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Citizens Financial Services, Inc. to open at $40.15, and during the day (based on 14 day Average True Range), to move between $37.90 and $41.30, which gives a possible trading interval of +/-$1.70 (+/-4.29%) up or down from last closing price. If Citizens Financial Services, Inc. takes out the full calculated possible swing range there will be an estimated 8.58% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $40.00, some $0.400 (1.01%) from the current price of $39.60, our system finds the risk reward not very attractive.
Is Citizens Financial Services, Inc. stock A Buy?
Citizens Financial Services, Inc. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -4.180 Sell Candidate Unchanged
Predicted Opening Price for Citizens Financial Services, Inc. of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| $40.15 ( 1.38%) | $39.60 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CZFS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 41.79 | 5.52% |
| R2 | 41.16 | 3.94% |
| R1 | 40.77 | 2.96% |
| Price | 39.60 | |
| S1 | 39.52 | -0.202% |
| S2 | 39.13 | -1.18% |
| S3 | 38.51 | -2.76% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 41.06 | 3.69% |
| R2 | 41.04 | 3.64% |
| R1 | 40.00 | 1.01% |
| Price | 39.60 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
CZFS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.485 | 1.22% |
| 2 | Mar 05, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.490 | 1.01% |
| 3 | Dec 05, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.490 | 0.765% |
| 4 | Sep 01, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.490 | 1.03% |
| 5 | May 30, 2023 | Jun 08, 2023 | Jun 30, 2023 | $0.485 | 0.658% |
FAQ
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