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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Financial Institutions stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Financial Institutions stock price gained 2.93% on the last trading day (Wednesday, 27th Mar 2024), rising from $18.11 to $18.64. During the last trading day the stock fluctuated 3.04% from a day low at $18.09 to a day high of $18.64. The price has fallen in 6 of the last 10 days but is still up by 0.05% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 thousand more shares were traded than the day before. In total, 54 thousand shares were bought and sold for approximately $1.00 million.

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 -17.99% during the next 3 months and, with a 90% probability hold a price between $13.64 and $16.34 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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FISI Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 3.21%. Further rise is indicated until a new top pivot has been found. Financial Institutions 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Financial Institutions stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $18.66. On a fall, the stock will find some support from the short-term average at $18.51. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Financial Institutions stock

Financial Institutions finds support from accumulated volume at $18.51 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 $0.550 between high and low, or 3.04%. For the last week the stock has had daily average volatility of 2.32%.

Our recommended stop-loss: $17.50 (-6.10%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 20 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Financial Institutions to open at $18.46, and during the day (based on 14 day Average True Range), to move between $18.11 and $19.17, which gives a possible trading interval of +/-$0.531 (+/-2.85%) up or down from last closing price. If Financial Institutions takes out the full calculated possible swing range there will be an estimated 5.70% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $18.51 (0.70%) than the resistance at $19.51 (4.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Financial Institutions stock A Buy?

Financial Institutions 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: 0.161 Hold/Accumulate Upgraded

Predicted Opening Price for Financial Institutions of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$18.46 ( 0.98%) $18.64

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
Resistance R3 19.01 1.97 %
R2 18.80 0.84 %
R1 18.67 0.144 %
Current price: 18.64
Support S1 18.25 -2.11 %
S2 18.12 -2.81 %
S3 17.91 -3.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.74 16.63 %
R2 21.28 14.16 %
R1 19.51 4.67 %
Current price 18.64
Support S1 18.51 -0.697%
S2 18.42 -1.18%
S3 18.27 -1.98%

FISI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 15, 2024 Mar 14, 2024 Apr 02, 2024 $0.300 1.61%
2 Nov 14, 2023 Dec 13, 2023 Jan 02, 2024 $0.300 1.40%
3 Aug 21, 2023 Sep 13, 2023 Oct 02, 2023 $0.300 1.81%
4 May 24, 2023 Jun 14, 2023 Jul 03, 2023 $0.300 1.83%
5 Feb 14, 2023 Mar 15, 2023 Apr 03, 2023 $0.300 1.56%

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?
Financial Institutions 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.

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 2024-03-27, the price of an Financial Institutions (FISI) share was $18.64.

What is the 52-week high and low for Financial Institutions Stock?
The 52-week high for Financial Institutions Stock is $23.11 and the 52-week low is $13.84.

What is the market capitalization of Financial Institutions Stock?
As of the 2024-03-27, the market capitalization of Financial Institutions is 279.05M.

When is the next earnings date for Financial Institutions?
The upcoming earnings date for Financial Institutions is Apr 24, 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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