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 DCOM
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Stronger technical forecast for Dime Community Bancshares stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Dime Community Bancshares stock price gained 4.72% on the last trading day (Wednesday, 27th Mar 2024), rising from $18.42 to $19.29. During the last trading day the stock fluctuated 4.44% from a day low at $18.47 to a day high of $19.29. The price has been going up and down for this period, and there has been a 4.16% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 184 thousand more shares were traded than the day before. In total, 289 thousand shares were bought and sold for approximately $5.57 million.

Given the current short-term trend, the stock is expected to fall -34.04% during the next 3 months and, with a 90% probability hold a price between $9.71 and $12.72 at the end of this 3-month period. 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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DCOM Signals & Forecast

Mostly positive signals in the chart today. The Dime Community Bancshares stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $18.74 and $18.68. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 04, 2024, and so far it has risen 10.23%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Dime Community Bancshares stock

Dime Community Bancshares finds support from accumulated volume at $18.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.82 (4.44%) between high and low. For the last week, the stock has had daily average volatility of 3.49%.

Our recommended stop-loss: $18.28 (-5.23%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (DCOM) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Dime Community Bancshares to open at $19.02, and during the day (based on 14 day Average True Range), to move between $18.51 and $20.07, which gives a possible trading interval of +/-$0.781 (+/-4.05%) up or down from last closing price. If Dime Community Bancshares takes out the full calculated possible swing range there will be an estimated 8.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $19.40 (0.57%) than the support at $18.84 (2.33%), 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 Dime Community Bancshares stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 3.315 Buy Candidate Upgraded

Predicted Opening Price for Dime Community Bancshares of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$19.02 ( 1.42%) $19.29

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

Trading levels for DCOM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.84 2.83 %
R2 19.52 1.21 %
R1 19.33 0.207 %
Current price: 19.29
Support S1 18.70 -3.04 %
S2 18.51 -4.04 %
S3 18.20 -5.67 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.41 10.99 %
R2 19.53 1.24 %
R1 19.40 0.570 %
Current price 19.29
Support S1 18.84 -2.33%
S2 18.13 -6.01%
S3 17.50 -9.28%

DCOM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 19, 2023 Jan 16, 2024 Jan 24, 2024 $0.250 0.99%
2 Sep 28, 2023 Oct 16, 2023 Oct 24, 2023 $0.250 1.39%
3 Jun 29, 2023 Jul 14, 2023 Jul 24, 2023 $0.250 1.17%
4 Mar 09, 2023 Apr 14, 2023 Apr 24, 2023 $0.250 1.22%
5 Dec 20, 2022 Jan 13, 2023 Jan 24, 2023 $0.240 0.732%

FAQ

What is the symbol for Dime Community Bancshares Stock and on which exchange is it traded?
The symbol for Dime Community Bancshares is DCOM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Dime Community Bancshares Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

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

What's the current price of Dime Community Bancshares Stock?
As of the end of day on the 2024-03-27, the price of an Dime Community Bancshares (DCOM) share was $19.29.

What is the 52-week high and low for Dime Community Bancshares Stock?
The 52-week high for Dime Community Bancshares Stock is $27.91 and the 52-week low is $15.57.

What is the market capitalization of Dime Community Bancshares Stock?
As of the 2024-03-27, the market capitalization of Dime Community Bancshares is 748.973M.

When is the next earnings date for Dime Community Bancshares?
The upcoming earnings date for Dime Community Bancshares is Apr 26, 2024.
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About Dime Community Bancshares

Dime Community Bancshares Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and constr... DCOM Profile

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