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 RFIL
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Red day on Thursday for RF Industries stock after losing 0.96%
(Updated on Mar 28, 2024)

Sell candidate since Mar 11, 2024 Loss -2.52% PDF

The RF Industries stock price fell by -0.96% on the last day (Thursday, 28th Mar 2024) from $3.13 to $3.10. During the last trading day the stock fluctuated 2.31% from a day low at $3.03 to a day high of $3.10. The price has risen in 6 of the last 10 days and is up by 1.64% over the past 2 weeks. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 thousand shares were bought and sold for approximately $10.18 thousand.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $3.04 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.22% during the next 3 months and, with a 90% probability hold a price between $3.14 and $3.53 at the end of this 3-month period.

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RFIL Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 13, 2024, and so far it has risen 2.65%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The RF Industries 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 $3.10 and $3.18. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). RF Industries gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for RF Industries stock

RF Industries finds support from accumulated volume at $3.07 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0700 between high and low, or 2.31%. For the last week, the stock has had daily average volatility of 1.57%.

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

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

For the upcoming trading day on Monday, 1st we expect RF Industries to open at $3.08, and during the day (based on 14 day Average True Range), to move between $3.02 and $3.18, which gives a possible trading interval of +/-$0.0840 (+/-2.71%) up or down from last closing price. If RF Industries takes out the full calculated possible swing range there will be an estimated 5.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.11 (0.32%) than the support at $3.07 (0.97%), 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 RF Industries stock A Buy?

The RF Industries stock holds several negative signals and despite the positive trend, we believe RF Industries will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.362 Sell Candidate Unchanged

Predicted Opening Price for RF Industries of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.08 ( 0.753%) $3.10

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

Trading levels for RFIL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.15 1.51 %
R2 3.12 0.643 %
R1 3.10 0.110 %
Current price: 3.10
Support S1 3.05 -1.62 %
S2 3.03 -2.15 %
S3 3.01 -3.01 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.25 4.84 %
R2 3.12 0.645 %
R1 3.11 0.323 %
Current price 3.10
Support S1 3.07 -0.97%
S2 3.05 -1.61%
S3 3.04 -1.94%

RFIL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 12, 2020 Mar 30, 2020 Apr 15, 2020 $0.0200 0.423%
2 Dec 13, 2019 Dec 30, 2019 Jan 15, 2020 $0.0200 0.331%
3 Sep 10, 2019 Sep 27, 2019 Oct 15, 2019 $0.0200 0.305%
4 Jun 10, 2019 Jun 27, 2019 Jul 15, 2019 $0.0200 0.261%
5 Mar 08, 2019 Mar 28, 2019 Apr 15, 2019 $0.0200 0.310%

FAQ

What is the symbol for RF Industries Stock and on which exchange is it traded?
The symbol for RF Industries is RFIL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell RF Industries Stock?
The RF Industries stock holds several negative signals and despite the positive trend, we believe RF Industries will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of RF Industries Stock?
As of the end of day on the 2024-03-28, the price of an RF Industries (RFIL) share was $3.10.

What is the 52-week high and low for RF Industries Stock?
The 52-week high for RF Industries Stock is $5.07 and the 52-week low is $2.51.

What is the market capitalization of RF Industries Stock?
As of the 2024-03-28, the market capitalization of RF Industries is 32.536M.

When is the next earnings date for RF Industries?
The upcoming earnings date for RF Industries is Jun 12, 2024.
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About RF Industries

RF Industries RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly and Custom Cabling Manufacturing and Assembly. The company's RF Connector and Cable Assembly segment designs, manufactures, and distributes various coaxial connectors and cable assemblies that a... RFIL Profile

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