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 RILY
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

A very strong day for B. Riley Financial stock price on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Gain 6.87% PDF

The B. Riley Financial stock price gained 6.87% on the last trading day (Wednesday, 27th Mar 2024), rising from $17.75 to $18.97. During the last trading day the stock fluctuated 7.23% from a day low at $17.85 to a day high of $19.14. The price has been going up and down for this period, and there has been a -1.71% loss for the last 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 609 thousand shares were bought and sold for approximately $11.55 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 very 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 -15.02% during the next 3 months and, with a 90% probability hold a price between $11.52 and $19.33 at the end of this 3-month period.

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

RILY Signals & Forecast

The B. Riley Financial stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $19.24. On a fall, the stock will find some support from the long-term average at approximately $18.79. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -9.15%. 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 B. Riley Financial stock

On the downside, the stock finds support just below today's level from accumulated volume at $17.16 and $16.85. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, B. Riley Financial finds support just below today's level at $17.16. If this is broken, then the next support from accumulated volume will be at $16.85 and $16.55.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.29 between high and low, or 7.23%. For the last week, the stock has had daily average volatility of 8.74%.

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

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

For the upcoming trading day on Thursday, 28th we expect B. Riley Financial to open at $18.65, and during the day (based on 14 day Average True Range), to move between $16.83 and $21.11, which gives a possible trading interval of +/-$2.14 (+/-11.26%) up or down from last closing price. If B. Riley Financial takes out the full calculated possible swing range there will be an estimated 22.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $19.68 (3.74%) than the support at $17.16 (9.54%), 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 B. Riley Financial stock A Buy?

B. Riley Financial holds several negative signals and is within a very 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: -1.627 Sell Candidate Unchanged

Predicted Opening Price for B. Riley Financial of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$18.65 ( 1.67%) $18.97

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

Trading levels for RILY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.94 5.13 %
R2 19.45 2.53 %
R1 19.15 0.93 %
Current price: 18.97
Support S1 18.16 -4.27 %
S2 17.86 -5.87 %
S3 17.36 -8.47 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 23.63 24.57 %
R2 20.85 9.91 %
R1 19.68 3.74 %
Current price 18.97
Support S1 17.16 -9.54%
S2 16.85 -11.20%
S3 16.55 -12.76%

RILY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Mar 08, 2024 Mar 22, 2024 $0.500 2.57%
2 Nov 17, 2023 Nov 17, 2023 Nov 30, 2023 $1.00 5.43%
3 Aug 05, 2023 Aug 10, 2023 Aug 21, 2023 $1.00 2.13%
4 Aug 05, 2023 May 15, 2023 May 23, 2023 $1.00 2.68%
5 May 27, 2023 Mar 09, 2023 Mar 23, 2023 $1.00 3.48%

FAQ

What is the symbol for B. Riley Financial Stock and on which exchange is it traded?
The symbol for B. Riley Financial is RILY and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell B. Riley Financial Stock?
B. Riley Financial holds several negative signals and is within a very 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 B. Riley Financial Stock?
B. Riley Financial Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy B. Riley Financial Stock.

What's the current price of B. Riley Financial Stock?
As of the end of day on the 2024-03-27, the price of an B. Riley Financial (RILY) share was $18.97.

What is the 52-week high and low for B. Riley Financial Stock?
The 52-week high for B. Riley Financial Stock is $60.65 and the 52-week low is $14.46.

What is the market capitalization of B. Riley Financial Stock?
As of the 2024-03-27, the market capitalization of B. Riley Financial is 542.846M.

When is the next earnings date for B. Riley Financial?
The upcoming earnings date for B. Riley Financial is May 02, 2024.
Click to get the best stock tips daily for free!

About B. Riley Financial

B. Riley Financial B. Riley Financial, Inc., through its subsidiaries, provides investment banking and financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates in six segments: Capital Markets, Wealth Management, Auction and Liquidation, Financial Consulting, Principal Investments–Communications, and Brands. The Capital Markets segments offers investment banking, corporate finance, fin... RILY Profile

Top Fintech Company

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

Full report by FINDEXABLE

ROCKIT