Mid-Southern Bancorp Inc. Stock Forecast
Red day on Friday for Mid-Southern Bancorp Inc.
(Updated on May 24, 2024)
No changes to the price of Mid-Southern Bancorp Inc. stock on the last trading day (Friday, 24th May 2024). During the last trading day the stock fluctuated 0% from a day low at $14.20 to a day high of $14.20. The price has been going up and down for this period, and there has been a 0.42% gain for the last 2 weeks.
The stock lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $14.11 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.37% during the next 3 months and, with a 90% probability hold a price between $14.44 and $15.01 at the end of this 3-month period.
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MSVB Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 1.50%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Mid-Southern Bancorp Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $14.29 and $14.22. A break-up above any of these levels will issue buy signals.
Support, Risk & Stop-loss for Mid-Southern Bancorp Inc. stock
Mid-Southern Bancorp Inc. finds support from accumulated volume at $14.14 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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.211%.
Our recommended stop-loss: $13.41 (-5.56%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 32 days ago.)
Trading Expectations (MSVB) For The Upcoming Trading Day Of Tuesday 28th
For the upcoming trading day on Tuesday, 28th we expect Mid-Southern Bancorp Inc. to open at $14.20, and during the day (based on 14 day Average True Range), to move between $14.11 and $14.29, which gives a possible trading interval of +/-$0.0891 (+/-0.63%) up or down from last closing price. If Mid-Southern Bancorp Inc. takes out the full calculated possible swing range there will be an estimated 1.25% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $14.25 (0.35%) than the support at $14.14 (0.42%), 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.
Earnings coming up
Mid-Southern Bancorp Inc. will release earnings -- on Wednesday, May 29, 2024. We will update the financials statements for Mid-Southern Bancorp Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 0.601% in the first trading day after earnings release.
Is Mid-Southern Bancorp Inc. stock A Buy?
Mid-Southern Bancorp Inc. 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: -0.802 Hold/Accumulate Unchanged
Predicted Opening Price for Mid-Southern Bancorp Inc. of Tuesday, May 28, 2024
Fair opening price May 28, 2024 | Current price |
---|---|
$14.20 ( 0.00000000%) | $14.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MSVB
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 14.20 | 0.00000000 % | |
R2 | 14.20 | 0.00000000 % | ||
R1 | 14.20 | 0.00000000 % | ||
Current price: | 14.20 | |||
Support | S1 | 14.20 | 0.00000000 % | |
S2 | 14.20 | 0.00000000 % | ||
S3 | 14.20 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 14.49 | 2.04 % | |
R2 | 14.30 | 0.704 % | ||
R1 | 14.25 | 0.352 % | ||
Current price | 14.20 | |||
Support | S1 | 14.14 | -0.423% | |
S2 | 14.13 | -0.493% | ||
S3 | 14.00 | -1.41% |
MSVB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 24, 2024 | May 09, 2024 | May 24, 2024 | $0.0600 | 0.423% |
2 | Jan 24, 2024 | Feb 08, 2024 | Feb 23, 2024 | $0.0600 | 0.440% |
3 | Oct 25, 2023 | Nov 09, 2023 | Nov 24, 2023 | $0.0600 | 0.628% |
4 | Jul 26, 2023 | Aug 10, 2023 | Aug 25, 2023 | $0.0600 | 0.580% |
5 | Apr 26, 2023 | May 11, 2023 | Aug 25, 2023 | $0.0600 | 0.580% |
FAQ
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