Citizens Community Bancorp Stock Forecast
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:
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
Weaker technical forecast for Citizens Community Bancorp as stock downgraded to Sell Candidate.
(Updated on Apr 18, 2024)
The Citizens Community Bancorp stock price fell by -1.66% on the last day (Thursday, 18th Apr 2024) from $10.86 to $10.68. During the last trading day the stock fluctuated 3.04% from a day low at $10.53 to a day high of $10.85. The price has fallen in 7 of the last 10 days and is down by -9.49% 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 -11 thousand shares and in total, 7 thousand shares were bought and sold for approximately $71.12 thousand.
Given the current short-term trend, the stock is expected to fall -4.04% during the next 3 months and, with a 90% probability hold a price between $10.25 and $11.90 at the end of this 3-month period.
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CZWI Signals & Forecast
There are few to no technical positive signals at the moment. The Citizens Community Bancorp 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 $10.90 and $11.82. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -15.31%. 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. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Citizens Community Bancorp 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.320 between high and low, or 3.04%. For the last week the stock has had daily average volatility of 1.84%.
Citizens Community Bancorp is oversold on RSI14 (16). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CZWI) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Citizens Community Bancorp to open at $10.69, and during the day (based on 14 day Average True Range), to move between $10.41 and $10.95, which gives a possible trading interval of +/-$0.266 (+/-2.49%) up or down from last closing price. If Citizens Community Bancorp takes out the full calculated possible swing range there will be an estimated 4.98% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $12.20, some $1.52 (14.23%) from the current price of $10.68, our system finds the risk reward not very attractive.
Earnings coming up
Citizens Community Bancorp will release earnings BMO on Tuesday, April 23, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.240. We will update the financials statements for Citizens Community Bancorp, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.68% in the first trading day after earnings release.
Is Citizens Community Bancorp stock A Buy?
Citizens Community Bancorp 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -3.497 Sell Candidate Downgraded
Predicted Opening Price for Citizens Community Bancorp of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $10.69 ( 0.0624%) | $10.68 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CZWI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.01 | 3.06 % | |
| R2 | 10.88 | 1.91 % | ||
| R1 | 10.81 | 1.21 % | ||
| Current price: | 10.68 | |||
| Support | S1 | 10.56 | -1.08 % | |
| S2 | 10.49 | -1.79 % | ||
| S3 | 10.37 | -2.93 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 12.33 | 15.45 % | |
| R2 | 12.25 | 14.70 % | ||
| R1 | 12.20 | 14.23 % | ||
| Current price | 10.68 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
CZWI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 25, 2024 | Feb 08, 2024 | Feb 23, 2024 | $0.290 | 2.40% |
| 2 | Jan 19, 2023 | Feb 02, 2023 | Feb 17, 2023 | $0.290 | 2.27% |
| 3 | Jan 31, 2022 | Feb 11, 2022 | Feb 28, 2022 | $0.260 | 1.64% |
| 4 | Jan 28, 2021 | Feb 10, 2021 | Feb 25, 2021 | $0.230 | 2.02% |
| 5 | Jan 23, 2020 | Feb 04, 2020 | Feb 19, 2020 | $0.210 | 1.76% |
FAQ
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