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 AI Analysis of PSEC
Powered by GPT-4o
Stock Analysis
Risk Assessment
Trading Strategy
PDF

Green day on Monday for Prospect Capital Corporation stock after gaining 0.591%
(Updated on Oct 14, 2024)

Sell candidate since Oct 02, 2024 Loss -3.04%

The Prospect Capital Corporation stock price gained 0.591% on the last trading day (Monday, 14th Oct 2024), rising from $5.08 to $5.11. During the last trading day the stock fluctuated 1.79% from a day low at $5.04 to a day high of $5.13. The price has fallen in 7 of the last 10 days and is down by -4.49% for this period. Volume fell on the last day by -369 thousand shares and in total, 2 million shares were bought and sold for approximately $9.13 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.24% during the next 3 months and, with a 90% probability hold a price between $4.56 and $5.39 at the end of this 3-month period.

PSEC Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Prospect Capital Corporation 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 $5.15 and $5.27. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, September 13, 2024, and so far it has fallen -7.93%. 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).

Support, Risk & Stop-loss for Prospect Capital Corporation stock

Prospect Capital Corporation finds support from accumulated volume at $5.08 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 $0.0900 (1.79%) between high and low. For the last week, the stock has had daily average volatility of 1.81%.

Prospect Capital Corporation is oversold on RSI14 (23). Some stock may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (PSEC) For The Upcoming Trading Day Of Tuesday 15th

For the upcoming trading day on Tuesday, 15th we expect Prospect Capital Corporation to open at $5.09, and during the day (based on 14 day Average True Range), to move between $5.01 and $5.21, which gives a possible trading interval of +/-$0.105 (+/-2.05%) up or down from last closing price. If Prospect Capital Corporation takes out the full calculated possible swing range there will be an estimated 4.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.08 (0.59%) than the resistance at $5.23 (2.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Prospect Capital Corporation stock A Buy?

Prospect Capital Corporation holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.960 Sell Candidate Unchanged

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

Predicted Fair Opening Price

Predicted fair opening price on October 15, 2024 - $5.09 ( 0.326%). The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PSEC

Fibonacci Support & Resistance Levels

Level Price
R3 5.18 1.44%
R2 5.15 0.762%
R1 5.13 0.347%
Price 5.11
S1 5.06 -1.00%
S2 5.04 -1.41%
S3 5.00 -2.09%

Accumulated Volume Support & Resistance Levels

Level Price
R3 5.49 7.44%
R2 5.28 3.33%
R1 5.23 2.35%
Price 5.11
S1 5.08 -0.587%
S2 4.90 -4.11%
S3 4.75 -7.05%

PSEC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 27, 2024 Oct 29, 2024 Nov 19, 2024 $0.0600 1.18%
2 Aug 28, 2024 Sep 26, 2024 Oct 22, 2024 $0.0600 1.18%
3 Aug 28, 2024 Aug 28, 2024 Sep 19, 2024 $0.0600 1.09%
4 May 08, 2024 Aug 27, 2024 Sep 19, 2024 $0.0600 1.09%
5 Jul 29, 2024 Jul 29, 2024 Aug 21, 2024 $0.0600 1.17%

FAQ

What is the symbol for Prospect Capital Corporation Stock and on which exchange is it traded?
The symbol for Prospect Capital Corporation is PSEC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Prospect Capital Corporation Stock?
Prospect Capital Corporation holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Prospect Capital Corporation Stock?
Prospect Capital 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 Prospect Capital Corporation Stock.

What's the current price of Prospect Capital Corporation Stock?
As of the end of day on the Oct 14, 2024, the price of an Prospect Capital Corporation (PSEC) share was $5.11.

What is the 52-week high and low for Prospect Capital Corporation Stock?
The 52-week high for Prospect Capital Corporation Stock is $6.30 and the 52-week low is $4.69.

What is the market capitalization of Prospect Capital Corporation Stock?
As of the Oct 14, 2024, the market capitalization of Prospect Capital Corporation is 2.199B.

When is the next earnings date for Prospect Capital Corporation?
The upcoming earnings date for Prospect Capital Corporation is Nov 13, 2024.
Click to get the best stock tips daily for free!
ABOUT PROSPECT CAPITAL CORPORATION
Prospect Capital
Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It also makes real estate investme...
GOLDEN STAR
Ticker Change Signal Date
SUN
$53.12
1.20% Oct 09
BRK-B
$455.90
0.95% Oct 09
ESGR
$321.00
0.732% Oct 09
WTRG
$38.60
1.45% Oct 09
VNT
$33.53
2.92% Oct 09

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE