Mission Valley Bancorp Stock Forecast
Red day on Wednesday for Mission Valley Bancorp
(Updated on Jun 26, 2024)
No changes to the price of Mission Valley Bancorp stock on the last trading day (Wednesday, 26th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $13.70 to a day high of $13.70. The price has been going up and down for this period, and there has been a -1.08% loss for the last 2 weeks.
The stock lies in the middle of a 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 2.99% during the next 3 months and, with a 90% probability hold a price between $13.59 and $14.40 at the end of this 3-month period.
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MVLY Signals & Forecast
There are few to no technical positive signals at the moment. The Mission Valley Bancorp 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 $13.73 and $13.71. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, June 07, 2024, and so far it has fallen -1.15%. 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 fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Mission Valley Bancorp stock
Mission Valley Bancorp finds support from accumulated volume at $13.60 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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.0730%
Our recommended stop-loss: $13.07 (-4.60%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)
Trading Expectations (MVLY) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Mission Valley Bancorp to open at $13.70, and during the day (based on 14 day Average True Range), to move between $13.64 and $13.76, which gives a possible trading interval of +/-$0.0637 (+/-0.47%) up or down from last closing price. If Mission Valley Bancorp takes out the full calculated possible swing range there will be an estimated 0.93% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $13.75 (0.36%) than the support at $13.60 (0.73%), 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 Mission Valley Bancorp stock A Buy?
Mission Valley Bancorp holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Mission Valley Bancorp of Thursday, June 27, 2024
Fair opening price June 27, 2024 | Current price |
---|---|
$13.70 ( 0.00000000%) | $13.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MVLY
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 13.70 | 0.00000000% |
R2 | 13.70 | 0.00000000% |
R1 | 13.70 | 0.00000000% |
Price | 13.70 | |
S1 | 13.70 | 0.00000000% |
S2 | 13.70 | 0.00000000% |
S3 | 13.70 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 13.86 | 1.17% |
R2 | 13.81 | 0.80% |
R1 | 13.75 | 0.365% |
Price | 13.70 | |
S1 | 13.60 | -0.730% |
S2 | 13.30 | -2.92% |
S3 | 13.15 | -4.01% |
MVLY Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 27, 2024 | Mar 19, 2024 | Apr 02, 2024 | $0.150 | 1.10% |
2 | Jan 24, 2023 | Feb 14, 2023 | Feb 28, 2023 | $0.150 | 1.10% |
3 | Feb 11, 2022 | Feb 14, 2022 | Feb 28, 2022 | $0.150 | 0.93% |
4 | Feb 13, 2019 | Feb 13, 2019 | Feb 13, 2019 | $0.100 | 0.707% |
5 | Nov 08, 2017 | Nov 29, 2017 | Dec 15, 2017 | $0.100 | 0.687% |
FAQ
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