FFBW Inc - Ordinary Shares Stock Forecast
FFBW Inc - Ordinary Shares stock price ended at $12.75 on Wednesday, after losing 0%.
(Updated on Apr 17, 2024)
No changes to the price of FFBW Inc - Ordinary Shares stock on the last trading day (Wednesday, 17th Apr 2024). During the last trading day the stock fluctuated 0% from a day low at $12.75 to a day high of $12.75. The price has been going up and down for this period, and there has been a -1.16% loss for the last 2 weeks.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect FFBW Inc - Ordinary Shares stock with a 90% probability to be traded between $11.92 and $13.39 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
FFBW Signals & Forecast
The FFBW Inc - Ordinary Shares 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 $12.77. On a fall, the stock will find some support from the long-term average at approximately $12.69. 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 05, 2024, and so far it has risen 4.42%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". 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 FFBW Inc - Ordinary Shares stock
FFBW Inc - Ordinary Shares finds support from accumulated volume at $12.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.180%.
Our recommended stop-loss: $12.08 (-5.28%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)
Trading Expectations (FFBW) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect FFBW Inc - Ordinary Shares to open at $12.75, and during the day (based on 14 day Average True Range), to move between $12.62 and $12.88, which gives a possible trading interval of +/-$0.134 (+/-1.05%) up or down from last closing price. If FFBW Inc - Ordinary Shares takes out the full calculated possible swing range there will be an estimated 2.10% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $12.76 (0.08%) than the support at $12.70 (0.39%), 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 FFBW Inc - Ordinary Shares stock A Buy?
FFBW Inc - Ordinary Shares 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.
Current score: 0.535 Hold/Accumulate Unchanged
Predicted Opening Price for FFBW Inc - Ordinary Shares of Thursday, April 18, 2024
Fair opening price April 18, 2024 | Current price |
---|---|
$12.75 ( 0%) | $12.75 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FFBW
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 12.75 | . | |
R2 | 12.75 | . | ||
R1 | 12.75 | . | ||
Current price: | 12.75 | |||
Support | S1 | 12.75 | . | |
S2 | 12.75 | . | ||
S3 | 12.75 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 12.90 | 1.18 % | |
R2 | 12.85 | 0.784 % | ||
R1 | 12.76 | 0.0784 % | ||
Current price | 12.75 | |||
Support | S1 | 12.70 | -0.392% | |
S2 | 12.35 | -3.14% | ||
S3 | 12.21 | -4.24% |
FAQ
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