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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of OSBC
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Weaker technical forecast for Old Second Bancorp as stock downgraded to Sell Candidate.
(Updated on Jun 14, 2024)

Sell candidate since Jun 14, 2024 PDF

The Old Second Bancorp stock price fell by -1.59% on the last day (Friday, 14th Jun 2024) from $13.87 to $13.65. During the last trading day the stock fluctuated 1.55% from a day low at $13.58 to a day high of $13.79. The price has fallen in 7 of the last 10 days and is down by -5.6% 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 -21 thousand shares and in total, 87 thousand shares were bought and sold for approximately $1.19 million.

Given the current short-term trend, the stock is expected to rise 6.22% during the next 3 months and, with a 90% probability hold a price between $14.50 and $16.13 at the end of this 3-month period.

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OSBC Signals & Forecast

There are few to no technical positive signals at the moment. The Old Second Bancorp 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 $13.88 and $14.23. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -8.51%. 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 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 Old Second Bancorp stock

Old Second Bancorp finds support from accumulated volume at $13.55 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.210 between high and low, or 1.55%. For the last week the stock has had daily average volatility of 2.21%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (OSBC) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Old Second Bancorp to open at $13.67, and during the day (based on 14 day Average True Range), to move between $13.32 and $13.98, which gives a possible trading interval of +/-$0.326 (+/-2.39%) up or down from last closing price. If Old Second Bancorp takes out the full calculated possible swing range there will be an estimated 4.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $13.55 (0.73%) than the resistance at $14.13 (3.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Old Second Bancorp stock A Buy?

The Old Second Bancorp stock holds several negative signals and despite the positive trend, we believe Old Second Bancorp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.090 Sell Candidate Downgraded

Predicted Opening Price for Old Second Bancorp of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$13.67 ( 0.171%) $13.65

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

Trading levels for OSBC

Fibonacci Support & Resistance Levels

Level Price
R3 13.88 1.71%
R2 13.80 1.12%
R1 13.75 0.759%
Price 13.65
S1 13.59 -0.417%
S2 13.54 -0.780%
S3 13.46 -1.37%

Accumulated Volume Support & Resistance Levels

Level Price
R3 14.50 6.23%
R2 14.25 4.40%
R1 14.13 3.52%
Price 13.65
S1 13.55 -0.733%
S2 13.44 -1.54%
S3 13.19 -3.37%

OSBC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 16, 2024 Apr 25, 2024 May 06, 2024 $0.0500 0.351%
2 Jan 25, 2024 Jan 25, 2024 Feb 05, 2024 $0.0500 0.374%
3 Oct 17, 2023 Oct 26, 2023 Nov 06, 2023 $0.0500 0.350%
4 Jul 18, 2023 Jul 27, 2023 Aug 07, 2023 $0.0500 0.305%
5 Apr 18, 2023 Apr 27, 2023 Aug 07, 2023 $0.0500 0.305%

FAQ

What is the symbol for Old Second Bancorp Stock and on which exchange is it traded?
The symbol for Old Second Bancorp is OSBC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Old Second Bancorp Stock?
The Old Second Bancorp stock holds several negative signals and despite the positive trend, we believe Old Second Bancorp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Old Second Bancorp Stock?
Old Second Bancorp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Old Second Bancorp Stock.

What's the current price of Old Second Bancorp Stock?
As of the end of day on the Jun 14, 2024, the price of an Old Second Bancorp (OSBC) share was $13.65.

What is the 52-week high and low for Old Second Bancorp Stock?
The 52-week high for Old Second Bancorp Stock is $16.76 and the 52-week low is $12.69.

What is the market capitalization of Old Second Bancorp Stock?
As of the Jun 14, 2024, the market capitalization of Old Second Bancorp is 612.142M.

When is the next earnings date for Old Second Bancorp?
The upcoming earnings date for Old Second Bancorp is Jul 17, 2024.
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About Old Second Bancorp

Old Second Ban Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides community banking services. It provides demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts, as well as certificate of deposit accounts. The company also offers commercial loans; lease financing receivables; commercial real estate loans; construction loans; residential real estate loans, such as resid... OSBC Profile

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