Nsts Bancorp, Inc. Stock Forecast

Nsts Bancorp, Inc. stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 21, 2024)

NSTS Signals & Forecast

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 Nsts 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 $9.65 and $9.62. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -1.23%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Nsts Bancorp, Inc. stock

Nsts Bancorp, Inc. finds support from accumulated volume at $9.61 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 $0.0100 between high and low, or 0.104%. For the last week the stock has had daily average volatility of 0.271%.

Our recommended stop-loss: $9.22 (-4.20%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (NSTS) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Nsts Bancorp, Inc. to open at $9.62, and during the day (based on 14 day Average True Range), to move between $9.56 and $9.68, which gives a possible trading interval of +/-$0.0568 (+/-0.59%) up or down from last closing price. If Nsts Bancorp, Inc. takes out the full calculated possible swing range there will be an estimated 1.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $9.61 (0.10%) than the resistance at $9.65 (0.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Nsts Bancorp, Inc. stock A Buy?

Nsts Bancorp, Inc. 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.275 Hold/Accumulate Upgraded

Predicted Opening Price for Nsts Bancorp, Inc. of Monday, June 24, 2024

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