Financial 15 Split Corp. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Financial 15 Split Corp. stock price down 0% on Monday
(Updated on Jun 24, 2024)
No changes to the price of Financial 15 Split Corp. stock on the last trading day (Monday, 24th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $8.26 to a day high of $8.26. The price has fallen in 4 of the last 10 days but is still up by 0.36% over the past 2 weeks.
The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.52% during the next 3 months and, with a 90% probability hold a price between $8.46 and $8.90 at the end of this 3-month period.
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FTN.TO Signals & Forecast
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. The Financial 15 Split Corp. 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 $8.29. On a fall, the stock will find some support from the short-term average at $8.25. 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. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -0.482%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Financial 15 Split Corp. stock
Financial 15 Split Corp. finds support from accumulated volume at $8.22 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the 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 1.10%
Our recommended stop-loss: $7.93 (-3.96%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 20 days ago.)
Trading Expectations (FTN.TO) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect Financial 15 Split Corp. to open at $8.26, and during the day (based on 14 day Average True Range), to move between $8.15 and $8.37, which gives a possible trading interval of +/-$0.107 (+/-1.30%) up or down from last closing price. If Financial 15 Split Corp. takes out the full calculated possible swing range there will be an estimated 2.60% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $8.27 (0.12%) than the support at $8.22 (0.48%), 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 Financial 15 Split Corp. stock A Buy?
Financial 15 Split Corp. 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: -0.608 Hold/Accumulate Unchanged
Predicted Opening Price for Financial 15 Split Corp. of Tuesday, June 25, 2024
Fair opening price June 25, 2024 | Current price |
---|---|
$8.26 ( 0%) | $8.26 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FTN.TO
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 8.26 | - |
R2 | 8.26 | - |
R1 | 8.26 | - |
Price | 8.26 | |
S1 | 8.26 | - |
S2 | 8.26 | - |
S3 | 8.26 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 8.40 | 1.69% |
R2 | 8.28 | 0.242% |
R1 | 8.27 | 0.121% |
Price | 8.26 | |
S1 | 8.22 | -0.484% |
S2 | 8.20 | -0.726% |
S3 | 8.14 | -1.45% |
FTN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 28, 2024 | Jun 28, 2024 | Jun 28, 2024 | $0 | 0% |
2 | May 31, 2024 | May 31, 2024 | Jun 10, 2024 | $0.126 | 1.53% |
3 | Apr 29, 2024 | Apr 29, 2024 | May 10, 2024 | $0.126 | 1.52% |
4 | Mar 27, 2024 | Mar 27, 2024 | Apr 10, 2024 | $0.126 | 1.54% |
5 | Feb 28, 2024 | Feb 28, 2024 | Mar 08, 2024 | $0.126 | 1.60% |
FAQ
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