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Today FSFG ranks #12534 as sell candidate. Get a Free Stock at Robinhood
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First Savings Financial Group Stock Forecast NASDAQ:FSFG

$26.13 (-2.37%)

Volume: 5k

Closed: Nov 26, 2021

Hollow Logo Score: -4.897

First Savings Financial Group Stock Forecast

$26.13 (-2.37%)

Volume: 5k

Closed: Nov 26, 2021

Score Hollow Logo -4.897
Which way will FSFG go? Request
Key Stats
Beta 0.36
Trailing Dividend Rate 1.36% ($0.35)
Next Dividend Date Dec 16, 2021
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] The First Savings Financial Group stock currently holds an RSI14 at 23 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Red day on Friday for First Savings Financial Group
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-16 Loss -4.83%

The First Savings Financial Group stock price fell by -2.37% on the last day (Friday, 26th Nov 2021) from $26.76 to $26.13. During the day the stock fluctuated 4.57% from a day low at $25.40 to a day high of $26.56. The price has fallen in 6 of the last 10 days and is down by -5.89% for this period. Volume has increased on the last day by 907 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, 5 thousand shares were bought and sold for approximately $142.98 thousand.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $23.01, a level that may pose a second chance to hit a runner. According to fan-theory $60.56 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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.

Signals & Forecast

There are few to no technical positive signals at the moment. The First Savings Financial Group 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 $26.83 and $27.92. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, October 11, 2021, and so far it has fallen -11.71%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). First Savings Financial Group 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

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 $1.16 between high and low, or 4.57%. For the last week the stock has had a daily average volatility of 2.88%.

First Savings Financial Group is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is First Savings Financial Group stock A Buy?

First Savings Financial Group holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.897

Predicted Opening Price for First Savings Financial Group of Monday, November 29, 2021

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

Fair opening price November 29, 2021 Current price
$26.03 $26.13 (Overvalued)
Sell Candidate Unchanged

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Analyst Ratings

Piper Sandler is very positive about FSFG and gave it a "Overweight" rating on Mar 24, 2021. The price target was set to $80.00.

Volatility and Risk
Daily Average Volatility: 2.88 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.88 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $27.40
Price: $26.13
No Support Found

FSFG Insider Trading Show all Trades

INSIDER POWER

22.130

Last 100 transactions
Buy: 169 518 | Sell: 7 660 (Shares)
Date Action Amount Person Type
Nov 21, 2021 Buy 7 500 Simon Brian A. Stock Options
Nov 21, 2021 Buy 2 500 Simon Brian A. Common Stock
Nov 21, 2021 Buy 7 500 Basham Lenfield R. Stock Options
Nov 21, 2021 Buy 2 500 Basham Lenfield R. Common Stock
Nov 21, 2021 Buy 3 000 Rosen David Z Stock Options
Show all Insider Trades
INSIDER POWER

22.130

Last 100 transactions
Buy: 169 518 | Sell: 7 660 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 27.19 4.07 %
26.75 2.37 %
26.47 1.33 %
Current price: 26.13
Support 25.59 -2.07 %
25.31 -3.11 %
24.87 -4.81 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 28.45 8.90 %
27.58 5.57 %
27.40 4.88 %
Current price 26.13
Support 0 .
0 .
0 .

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About First Savings Financial Group

First Savings Financial Group First Savings Financial Group, Inc. operates as the holding company for First Savings Bank, which provides various banking services to individuals and business customers in Indiana, The United States. It accepts deposits, such as checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, time deposits, and certificates of deposit. The company also provides loans, including one-to four-family mortg... Read more

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