Mid-Southern Bancorp Inc. 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
Weaker technical forecast for Mid-Southern Bancorp Inc. as stock downgraded to Hold/Accumulate.
(Updated on May 17, 2024)
No changes to the price of Mid-Southern Bancorp Inc. stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 0% from a day low at $14.34 to a day high of $14.34. The price has risen in 4 of the last 10 days and is up by 1.41% over the past 2 weeks.
The stock lies in the middle of a narrow and 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 3.40% during the next 3 months and, with a 90% probability hold a price between $14.60 and $15.20 at the end of this 3-month period.
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MSVB Signals & Forecast
The Mid-Southern Bancorp Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $14.18 and $14.25. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 2.50%. 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.
Support, Risk & Stop-loss for Mid-Southern Bancorp Inc. stock
Mid-Southern Bancorp Inc. finds support from accumulated volume at $14.25 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%.
Our recommended stop-loss: $13.51 (-5.81%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)
Trading Expectations (MSVB) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Mid-Southern Bancorp Inc. to open at $14.34, and during the day (based on 14 day Average True Range), to move between $14.23 and $14.45, which gives a possible trading interval of +/-$0.111 (+/-0.77%) 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 1.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $14.35 (0.07%) than the support at $14.25 (0.63%), 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 Thursday, May 23, 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.848 Hold/Accumulate Downgraded
Predicted Opening Price for Mid-Southern Bancorp Inc. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $14.34 ( 0.00000000%) | $14.34 |
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 | 14.34 | 0.00000000 % | |
| R2 | 14.34 | 0.00000000 % | ||
| R1 | 14.34 | 0.00000000 % | ||
| Current price: | 14.34 | |||
| Support | S1 | 14.34 | 0.00000000 % | |
| S2 | 14.34 | 0.00000000 % | ||
| S3 | 14.34 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 14.49 | 1.05 % | |
| R2 | 14.45 | 0.767 % | ||
| R1 | 14.35 | 0.0697 % | ||
| Current price | 14.34 | |||
| Support | S1 | 14.25 | -0.628% | |
| S2 | 14.13 | -1.46% | ||
| S3 | 14.00 | -2.37% |
MSVB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 24, 2024 | May 09, 2024 | May 24, 2024 | $0.0600 | 0.418% |
| 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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