Gladstone Capital Corporation Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy signal from moving average indicating potential upward movement.
Sell Signal (MA)
Sell signal from moving average indicating potential downward movement.
Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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Gladstone Capital Corporation stock upgraded to Buy Candidate
(Updated on Nov 12, 2024)
Buy or Hold candidate since Nov 06, 2024
Gain 3.75%
The Gladstone Capital Corporation stock price fell by -0.625% on the last day (Tuesday, 12th Nov 2024) from $25.60 to $25.44. During the last trading day the stock fluctuated 1.19% from a day low at $25.30 to a day high of $25.60. The price has risen in 6 of the last 10 days and is up by 5.12% over the past 2 weeks. Volume has increased on the last day by 11 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, 105 thousand shares were bought and sold for approximately $2.67 million.
The stock lies in the upper part of a 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 $25.64 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 11.39% during the next 3 months and, with a 90% probability hold a price between $27.00 and $28.56 at the end of this 3-month period.
GLAD Signals & Forecast
The Gladstone Capital Corporation 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 $24.82 and $24.41. 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 Monday, November 11, 2024, and so far it has fallen -0.625%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Gladstone Capital Corporation stock
Gladstone Capital Corporation finds support from accumulated volume at $24.47 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 $0.300 between high and low, or 1.19%. For the last week the stock has had daily average volatility of 1.72%.
Our recommended stop-loss: $24.72 (-2.82%) (This stock has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (GLAD) For The Upcoming Trading Day Of Wednesday 13th
For the upcoming trading day on Wednesday, 13th we expect Gladstone Capital Corporation to open at $25.45, and during the day (based on 14 day Average True Range), to move between $25.08 and $25.80, which gives a possible trading interval of +/-$0.360 (+/-1.42%) up or down from last closing price. If Gladstone Capital Corporation takes out the full calculated possible swing range there will be an estimated 2.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.60 (0.63%) than the support at $24.47 (3.81%), 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 Gladstone Capital Corporation 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 Gladstone Capital Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 3.678 Buy Candidate Upgraded
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Predicted Fair Opening Price
Predicted fair opening price on November 13, 2024 - $25.45 ( 0.0262%).Trading levels for GLAD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 25.75 | 1.21% |
R2 | 25.63 | 0.755% |
R1 | 25.56 | 0.477% |
Price | 25.44 | |
S1 | 25.33 | -0.424% |
S2 | 25.26 | -0.703% |
S3 | 25.15 | -1.15% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 25.60 | 0.629% |
Price | 25.44 | |
S1 | 24.47 | -3.81% |
S2 | 23.46 | -7.78% |
S3 | 23.33 | -8.29% |
GLAD Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 20, 2024 | Dec 20, 2024 | Dec 31, 2024 | $0.165 | 0.647% |
2 | Nov 20, 2024 | Nov 20, 2024 | Nov 29, 2024 | $0.165 | 0.647% |
3 | Oct 08, 2024 | Oct 22, 2024 | Oct 31, 2024 | $0.165 | 0.681% |
4 | Sep 20, 2024 | Sep 20, 2024 | Sep 30, 2024 | $0.165 | 0.686% |
5 | Aug 21, 2024 | Aug 21, 2024 | Aug 30, 2024 | $0.165 | 0.726% |
FAQ
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