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$14.66 (-1.01%)

Volume: 571k

Closed: Dec 07, 2021

Hollow Logo Score: -3.200

BBCN Bancorp Inc Stock Forecast

$14.66 (-1.01%)

Volume: 571k

Closed: Dec 07, 2021

Score Hollow Logo -3.200
Which way will HOPE go? Request
Key Stats
P/E Ratio 9.82
Beta 1.17
Trailing Dividend Rate 3.73% ($0.55)
* 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 ] RSI14 is 37 and the stock is currently not being overbought or oversold

BBCN Bancorp Inc stock price down 1.01% on Tuesday
(Updated on Dec 07, 2021)


Sell candidate since 2021-12-02 Loss -0.34%

The BBCN Bancorp Inc stock price fell by -1.01% on the last day (Tuesday, 7th Dec 2021) from $14.81 to $14.66. During the day the stock fluctuated 2.68% from a day low at $14.56 to a day high of $14.95. The price has fallen in 7 of the last 10 days and is down by -5.6% for this period. Volume has increased on the last day by 13 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, 571 thousand shares were bought and sold for approximately $8.38 million.

The stock lies in the middle of a wide and strong 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 11.47% during the next 3 months and, with a 90% probability hold a price between $15.97 and $17.73 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The BBCN Bancorp Inc 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 $14.96. On a fall, the stock will find some support from the short-term average at $14.53. 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 Tuesday, November 23, 2021, and so far it has fallen -6.45%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $13.63 and $13.48. There is 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, BBCN Bancorp Inc finds support just below today's level at $13.63. If this is broken, then the next support from accumulated volume will be at $13.48 and $13.41.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.39 between high and low, or 2.68%. For the last week, the stock has had a daily average volatility of 3.18%.

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

Is BBCN Bancorp Inc stock A Buy?

The BBCN Bancorp Inc stock holds several negative signals and despite the positive trend, we believe BBCN Bancorp Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.200

Predicted Opening Price for BBCN Bancorp Inc of Wednesday, December 8, 2021

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

Fair opening price December 8, 2021 Current price
$14.72 $14.66 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

On Nov 15, 2021 "DA Davidson" gave "$17.00 - $18.00" rating for HOPE. The price target was set to $15.53+2.9%.

Volatility and Risk
Daily Average Volatility: 3.18 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.18 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $14.69
Price: $14.66
Support: $13.63

HOPE Insider Trading Show all Trades

INSIDER POWER

1.617

Last 100 transactions
Buy: 280 403 | Sell: 173 377 (Shares)
Date Action Amount Person Type
Sep 23, 2021 Buy 3 254 Thigpen Mary E Restricted Stock Units
Sep 01, 2021 Sell 1 400 Ko Alex Time-based Restricted Stock Units
Sep 01, 2021 Buy 1 400 Ko Alex Common Stock
Sep 01, 2021 Sell 485 Ko Alex Common Stock
Sep 01, 2021 Sell 554 Kim Jason K Common Stock
Show all Insider Trades
INSIDER POWER

1.617

Last 100 transactions
Buy: 280 403 | Sell: 173 377 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 15.11 3.09 %
14.96 2.08 %
14.87 1.45 %
Current price: 14.66
Support 14.57 -0.58 %
14.48 -1.21 %
14.33 -2.23 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 15.16 3.41 %
14.71 0.34 %
14.69 0.20 %
Current price 14.66
Support 13.63 -7.03%
13.48 -8.05%
13.41 -8.53%

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