Fidelity D&;D Bancorp Stock Forecast
Stronger technical forecast for Fidelity D&;D Bancorp stock price after Thursday trading.
(Updated on Apr 18, 2024)
The Fidelity D&;D Bancorp stock price gained 1.17% on the last trading day (Thursday, 18th Apr 2024), rising from $45.20 to $45.73. During the last trading day the stock fluctuated 1.96% from a day low at $45.31 to a day high of $46.20. The price has fallen in 6 of the last 10 days and is down by -3.13% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 7 thousand shares were bought and sold for approximately $327.93 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 -5.50% during the next 3 months and, with a 90% probability hold a price between $40.46 and $47.50 at the end of this 3-month period.
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FDBC Signals & Forecast
There are mixed signals in the stock today. The Fidelity D&;D 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 $45.83 and $47.70. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 1.17%. 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). Fidelity D&;D Bancorp 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. Higher liquidity also reduces the general risk.
Support, Risk & Stop-loss for Fidelity D&;D Bancorp stock
Fidelity D&;D Bancorp finds support from accumulated volume at $45.33 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 $0.89 (1.96%) between high and low. For the last week, the stock has had daily average volatility of 1.96%.
Our recommended stop-loss: $43.02 (-5.93%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 1 day ago.)
Trading Expectations (FDBC) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Fidelity D&;D Bancorp to open at $45.75, and during the day (based on 14 day Average True Range), to move between $44.32 and $47.14, which gives a possible trading interval of +/-$1.41 (+/-3.08%) up or down from last closing price. If Fidelity D&;D Bancorp takes out the full calculated possible swing range there will be an estimated 6.16% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $45.33 (0.87%) than the resistance at $47.21 (3.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Fidelity D&;D Bancorp will release earnings BMO on Friday, April 19, 2024. We will update the financials statements for Fidelity D&;D Bancorp, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.99% in the first trading day after earnings release.
Is Fidelity D&;D Bancorp stock A Buy?
Fidelity D&;D Bancorp 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.599 Hold/Accumulate Upgraded
Predicted Opening Price for Fidelity D&;D Bancorp of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $45.75 ( 0.0364%) | $45.73 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FDBC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 46.64 | 1.98 % | |
| R2 | 46.30 | 1.24 % | ||
| R1 | 46.09 | 0.780 % | ||
| Current price: | 45.73 | |||
| Support | S1 | 45.41 | -0.707 % | |
| S2 | 45.20 | -1.17 % | ||
| S3 | 44.86 | -1.91 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 48.98 | 7.11 % | |
| R2 | 47.71 | 4.33 % | ||
| R1 | 47.21 | 3.24 % | ||
| Current price | 45.73 | |||
| Support | S1 | 45.33 | -0.87% | |
| S2 | 45.20 | -1.16% | ||
| S3 | 44.94 | -1.73% |
FDBC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 18, 2024 | Feb 15, 2024 | Mar 08, 2024 | $0.380 | 0.746% |
| 2 | Oct 19, 2023 | Nov 16, 2023 | Dec 08, 2023 | $0.380 | 0.675% |
| 3 | Jul 18, 2023 | Aug 17, 2023 | Sep 08, 2023 | $0.360 | 0.792% |
| 4 | Apr 18, 2023 | May 18, 2023 | Sep 08, 2023 | $0.360 | 0.792% |
| 5 | Jan 18, 2023 | Feb 16, 2023 | Mar 10, 2023 | $0.360 | 0.772% |
FAQ
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