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.
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Pacific City Financial Corporation stock upgraded to Buy Candidate.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 0.62% PDF

The Pacific City Financial Corporation stock price gained 2.45% on the last trading day (Wednesday, 27th Mar 2024), rising from $15.90 to $16.29. During the last trading day the stock fluctuated 2.82% from a day low at $15.94 to a day high of $16.39. The price has risen in 6 of the last 10 days and is up by 4.56% 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, 11 thousand more shares were traded than the day before. In total, 17 thousand shares were bought and sold for approximately $274.23 thousand.

Given the current short-term trend, the stock is expected to fall -14.91% during the next 3 months and, with a 90% probability hold a price between $12.58 and $13.86 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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PCB Signals & Forecast

Mostly positive signals in the chart today. The Pacific City Financial Corporation 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 $15.99 and $15.91. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 7.10%. 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). Pacific City Financial Corporation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Pacific City Financial Corporation stock

Pacific City Financial Corporation finds support from accumulated volume at $16.03 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 $0.450 between high and low, or 2.82%. For the last week the stock has had daily average volatility of 1.50%.

Our recommended stop-loss: $15.59 (-4.32%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (PCB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Pacific City Financial Corporation to open at $16.21, and during the day (based on 14 day Average True Range), to move between $15.89 and $16.69, which gives a possible trading interval of +/-$0.396 (+/-2.43%) up or down from last closing price. If Pacific City Financial Corporation takes out the full calculated possible swing range there will be an estimated 4.86% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $16.03 (1.60%) than the resistance at $17.65 (8.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Pacific City Financial Corporation 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.037 Buy Candidate Upgraded

Predicted Opening Price for Pacific City Financial Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$16.21 ( 0.512%) $16.29

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

Trading levels for PCB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.66 2.25 %
R2 16.48 1.20 %
R1 16.38 0.544 %
Current price: 16.29
Support S1 16.03 -1.57 %
S2 15.93 -2.22 %
S3 15.76 -3.27 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.32 12.46 %
R2 17.70 8.66 %
R1 17.65 8.35 %
Current price 16.29
Support S1 16.03 -1.60%
S2 15.85 -2.70%
S3 15.79 -3.07%

PCB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Feb 08, 2024 Feb 16, 2024 $0.180 1.11%
2 Oct 25, 2023 Nov 08, 2023 Nov 17, 2023 $0.180 1.14%
3 Jul 27, 2023 Aug 10, 2023 Aug 18, 2023 $0.180 1.11%
4 Apr 27, 2023 May 11, 2023 Aug 18, 2023 $0.180 1.11%
5 Jan 26, 2023 Feb 09, 2023 Feb 17, 2023 $0.150 0.81%

FAQ

What is the symbol for Pacific City Financial Corporation Stock and on which exchange is it traded?
The symbol for Pacific City Financial Corporation is PCB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Pacific City Financial Corporation 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Pacific City Financial Corporation Stock?
Pacific City Financial Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Pacific City Financial Corporation Stock.

What's the current price of Pacific City Financial Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Pacific City Financial Corporation (PCB) share was $16.29.

What is the 52-week high and low for Pacific City Financial Corporation Stock?
The 52-week high for Pacific City Financial Corporation Stock is $19.04 and the 52-week low is $12.89.

What is the market capitalization of Pacific City Financial Corporation Stock?
As of the 2024-03-27, the market capitalization of Pacific City Financial Corporation is 226.74M.

When is the next earnings date for Pacific City Financial Corporation?
The upcoming earnings date for Pacific City Financial Corporation is Apr 19, 2024.
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About Pacific City Financial Corporation

Pacific City Financial PCB Bancorp operates as the bank holding company for Pacific City Bank that provides various banking products and services to small to medium-sized businesses, individuals, and professionals in Southern California. The company offers demand, savings, money market, and time deposits, as well as certificates of deposit; and remote deposit capture, courier deposit services, positive pay services, zero balance accounts, and sweep accounts. It also pr... PCB Profile

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