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 FISI
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Volatile ride for Financial Institutions stock price on Friday moving between $20.21 and $22.69
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jun 27, 2024 Gain 22.59% PDF

The Financial Institutions stock price fell by -0.81% on the last day (Friday, 19th Jul 2024) from $22.27 to $22.09. During the last trading day the stock fluctuated 12.27% from a day low at $20.21 to a day high of $22.69. The price has risen in 6 of the last 10 days and is up by 18.7% over the past 2 weeks. Volume has increased on the last day by 21 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, 56 thousand shares were bought and sold for approximately $1.24 million.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $22.93 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 13.47% during the next 3 months and, with a 90% probability hold a price between $20.57 and $26.02 at the end of this 3-month period.

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FISI Signals & Forecast

The Financial Institutions 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 $21.74 and $18.72. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -3.28%. Further fall is indicated until a new bottom pivot has been found. Financial Institutions 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 Financial Institutions stock

On the downside, the stock finds support just below today's level from accumulated volume at $19.32 and $19.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Financial Institutions finds support just below today's level at $19.32. If this is broken, then the next support from accumulated volume will be at $19.00 and $17.41.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.48 between high and low, or 12.27%. For the last week, the stock has had daily average volatility of 5.61%.

Our recommended stop-loss: $21.48 (-2.78%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 23 days ago.)

Trading Expectations (FISI) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Financial Institutions to open at $21.66, and during the day (based on 14 day Average True Range), to move between $21.27 and $22.91, which gives a possible trading interval of +/-$0.82 (+/-3.69%) up or down from last closing price. If Financial Institutions takes out the full calculated possible swing range there will be an estimated 7.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $22.27 (0.81%) than the support at $19.32 (12.54%), 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.

Earnings coming up

Financial Institutions will release earnings AMC on Thursday, July 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.700. We will update the financials statements for Financial Institutions, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.31% in the first trading day after earnings release.

Is Financial Institutions stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Financial Institutions stock to perform well in the short-term.

Current score: 2.825 Buy Candidate Unchanged

Predicted Opening Price for Financial Institutions of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$21.66 ( 1.93%) $22.09

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

Trading levels for FISI

Fibonacci Support & Resistance Levels

Level Price
R3 24.14 9.30%
R2 23.20 5.01%
R1 22.61 2.36%
Price 22.09
S1 20.72 -6.22%
S2 20.13 -8.87%
S3 19.18 -13.16%

Accumulated Volume Support & Resistance Levels

Level Price
R3 22.84 3.40%
R2 22.55 2.08%
R1 22.27 0.81%
Price 22.09
S1 19.32 -12.54%
S2 19.00 -13.99%
S3 17.41 -21.19%

FISI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jul 02, 2024 $0.300 1.55%
2 Feb 15, 2024 Mar 14, 2024 Apr 02, 2024 $0.300 1.67%
3 Nov 14, 2023 Dec 13, 2023 Jan 02, 2024 $0.300 1.40%
4 Aug 21, 2023 Sep 13, 2023 Oct 02, 2023 $0.300 1.81%
5 May 24, 2023 Jun 14, 2023 Jul 03, 2023 $0.300 1.83%

FAQ

What is the symbol for Financial Institutions Stock and on which exchange is it traded?
The symbol for Financial Institutions is FISI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Financial Institutions Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Financial Institutions stock to perform well in the short-term.

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

What's the current price of Financial Institutions Stock?
As of the end of day on the Jul 19, 2024, the price of an Financial Institutions (FISI) share was $22.09.

What is the 52-week high and low for Financial Institutions Stock?
The 52-week high for Financial Institutions Stock is $23.12 and the 52-week low is $15.22.

What is the market capitalization of Financial Institutions Stock?
As of the Jul 19, 2024, the market capitalization of Financial Institutions is 341.222M.

When is the next earnings date for Financial Institutions?
The upcoming earnings date for Financial Institutions is Jul 25, 2024.
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About Financial Institutions

Financial Institutions, Inc. operates as a holding company for the Five Star Bank, a chartered bank that provides banking and financial services to individuals, municipalities, and businesses in New York. The company offers checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts. Its loan products include term loans and lines of... FISI Profile

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