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 PB
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Green day on Thursday for Prosperity Bancshares Inc
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 3.69% PDF

The Prosperity Bancshares Inc stock price gained 1.11% on the last trading day (Thursday, 28th Mar 2024), rising from $65.06 to $65.78. During the last trading day the stock fluctuated 1.97% from a day low at $64.90 to a day high of $66.18. The price has risen in 6 of the last 10 days and is up by 8.58% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 96 thousand more shares were traded than the day before. In total, 640 thousand shares were bought and sold for approximately $42.13 million.

Given the current short-term trend, the stock is expected to fall -5.87% during the next 3 months and, with a 90% probability hold a price between $56.27 and $61.92 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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PB Signals & Forecast

Mostly positive signals in the chart today. The Prosperity Bancshares Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $63.61 and $62.82. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 9.05%. 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 is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Friday, January 26, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, January 26, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Prosperity Bancshares Inc stock

Prosperity Bancshares Inc finds support from accumulated volume at $64.93 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.28 (1.97%) between high and low. For the last week, the stock has had daily average volatility of 1.88%.

Our recommended stop-loss: $63.33 (-3.72%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (PB) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Prosperity Bancshares Inc to open at $65.62, and during the day (based on 14 day Average True Range), to move between $64.39 and $67.17, which gives a possible trading interval of +/-$1.39 (+/-2.12%) up or down from last closing price. If Prosperity Bancshares Inc takes out the full calculated possible swing range there will be an estimated 4.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $65.91 (0.20%) than the support at $64.93 (1.29%), 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 Prosperity Bancshares Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.664 Buy Candidate Unchanged

Predicted Opening Price for Prosperity Bancshares Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$65.62 ( 0.242%) $65.78

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

Trading levels for PB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 66.90 1.70 %
R2 66.41 0.96 %
R1 66.11 0.500 %
Current price: 65.78
Support S1 65.13 -0.98 %
S2 64.83 -1.44 %
S3 64.34 -2.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 66.92 1.73 %
R2 66.18 0.608 %
R1 65.91 0.198 %
Current price 65.78
Support S1 64.93 -1.29%
S2 63.44 -3.56%
S3 62.06 -5.66%

PB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 14, 2024 Mar 14, 2024 Apr 01, 2024 $0.560 0.85%
2 Oct 18, 2023 Dec 14, 2023 Jan 02, 2024 $0.560 0.82%
3 Jul 19, 2023 Sep 14, 2023 Oct 02, 2023 $0.550 1.03%
4 Apr 19, 2023 Jun 14, 2023 Jul 03, 2023 $0.550 0.95%
5 Jan 18, 2023 Mar 14, 2023 Apr 03, 2023 $0.550 0.90%

FAQ

What is the symbol for Prosperity Bancshares Inc Stock and on which exchange is it traded?
The symbol for Prosperity Bancshares Inc is PB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Prosperity Bancshares Inc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of Prosperity Bancshares Inc Stock?
As of the end of day on the 2024-03-28, the price of an Prosperity Bancshares Inc (PB) share was $65.78.

What is the 52-week high and low for Prosperity Bancshares Inc Stock?
The 52-week high for Prosperity Bancshares Inc Stock is $68.88 and the 52-week low is $49.60.

What is the market capitalization of Prosperity Bancshares Inc Stock?
As of the 2024-03-28, the market capitalization of Prosperity Bancshares Inc is 6.152B.

When is the next earnings date for Prosperity Bancshares Inc?
The upcoming earnings date for Prosperity Bancshares Inc is Apr 24, 2024.
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About Prosperity Bancshares Inc

Prosperity Bancshares Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and n... PB Profile

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