Life & Banc Split Corp. Stock Forecast
Red day on Friday for Life & Banc Split Corp.
(Updated on Jun 28, 2024)
The Life & Banc Split Corp. stock price fell by -0.795% on the last day (Friday, 28th Jun 2024) from $7.55 to $7.49. During the last trading day the stock fluctuated 0.81% from a day low at $7.44 to a day high of $7.50. The price has risen in 6 of the last 10 days but is still down by -0.93% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -10 thousand shares and in total, 60 thousand shares were bought and sold for approximately $452.89 thousand.
The stock lies in the middle of a 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 -3.16% during the next 3 months and, with a 90% probability hold a price between $7.04 and $7.62 at the end of this 3-month period.
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LBS.TO Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Life & Banc Split Corp. 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 $7.52 and $7.75. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Life & Banc Split Corp. stock
Life & Banc Split Corp. finds support from accumulated volume at $7.47 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 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 $0.0600 between high and low, or 0.81%. For the last week the stock has had daily average volatility of 0.534%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LBS.TO) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect Life & Banc Split Corp. to open at $7.48, and during the day (based on 14 day Average True Range), to move between $7.39 and $7.59, which gives a possible trading interval of +/-$0.104 (+/-1.39%) up or down from last closing price. If Life & Banc Split Corp. takes out the full calculated possible swing range there will be an estimated 2.78% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $7.47 (0.27%) than the resistance at $7.55 (0.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Life & Banc Split Corp. stock A Buy?
Life & Banc Split Corp. holds several negative signals and is within a 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: -3.351 Sell Candidate Unchanged
Predicted Opening Price for Life & Banc Split Corp. of Tuesday, July 2, 2024
| Fair opening price July 2, 2024 | Current price |
|---|---|
| $7.48 ( 0.178%) | $7.49 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LBS.TO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7.54 | 0.623% |
| R2 | 7.51 | 0.317% |
| R1 | 7.50 | 0.128% |
| Price | 7.49 | |
| S1 | 7.45 | -0.484% |
| S2 | 7.44 | -0.673% |
| S3 | 7.42 | -0.98% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7.87 | 5.07% |
| R2 | 7.81 | 4.27% |
| R1 | 7.55 | 0.80% |
| Price | 7.49 | |
| S1 | 7.47 | -0.267% |
| S2 | 0 | - |
| S3 | 0 | - |
LBS 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 14, 2024 | $0.100 | 1.32% |
| 3 | Apr 29, 2024 | Apr 29, 2024 | May 14, 2024 | $0.100 | 1.27% |
| 4 | Mar 27, 2024 | Mar 27, 2024 | Apr 12, 2024 | $0.100 | 1.26% |
| 5 | Feb 28, 2024 | Feb 28, 2024 | Mar 14, 2024 | $0.100 | 1.28% |
FAQ
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