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 RILYZ
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B. Riley Financial, Inc stock upgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The B. Riley Financial, Inc stock price gained 4.54% on the last trading day (Thursday, 28th Mar 2024), rising from $13.23 to $13.83. During the last trading day the stock fluctuated 3.50% from a day low at $13.41 to a day high of $13.88. The price has risen in 6 of the last 10 days and is up by 7.71% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 69 thousand shares were bought and sold for approximately $957.26 thousand. 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 the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $13.92 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -4.71% during the next 3 months and, with a 90% probability hold a price between $9.92 and $13.26 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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RILYZ Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, March 05, 2024, and so far it has fallen -1.98%. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The B. Riley Financial, 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 $13.52 and $13.04. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for B. Riley Financial, Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $13.12 and $12.64. 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, Inc finds support just below today's level at $13.12. If this is broken, then the next support from accumulated volume will be at $12.64 and $10.70.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.470 between high and low, or 3.50%. For the last week the stock has had daily average volatility of 2.96%.

Our recommended stop-loss: $13.34 (-3.58%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 17 days ago.)

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

For the upcoming trading day on Monday, 1st we expect B. Riley Financial, Inc to open at $13.71, and during the day (based on 14 day Average True Range), to move between $13.21 and $14.45, which gives a possible trading interval of +/-$0.616 (+/-4.46%) up or down from last closing price. If B. Riley Financial, Inc takes out the full calculated possible swing range there will be an estimated 8.91% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $13.94 (0.80%) than the support at $13.12 (5.13%), 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, Inc stock A Buy?

B. Riley Financial, Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.994 Hold/Accumulate Upgraded

Predicted Opening Price for B. Riley Financial, Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$13.71 ( 0.89%) $13.83

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

Trading levels for RILYZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 14.18 2.51 %
R2 14.00 1.21 %
R1 13.89 0.406 %
Current price: 13.83
Support S1 13.53 -2.19 %
S2 13.42 -2.99 %
S3 13.24 -4.29 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.05 1.59 %
R2 14.00 1.23 %
R1 13.94 0.795 %
Current price 13.83
Support S1 13.12 -5.13%
S2 12.64 -8.60%
S3 10.70 -22.63%

RILYZ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 17, 2024 Oct 15, 2024 Oct 31, 2024 $0.328 2.37%
2 Jan 02, 2024 Apr 12, 2024 Apr 30, 2024 $0.328 2.37%
3 Jan 11, 2024 Jan 11, 2024 Jan 31, 2024 $0.328 2.31%
4 Jan 06, 2023 Oct 12, 2023 Oct 31, 2023 $0.328 1.82%
5 Aug 06, 2023 Jul 13, 2023 Jul 31, 2023 $0.328 1.71%

FAQ

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

Should I buy or sell B. Riley Financial, Inc Stock?
B. Riley Financial, Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy B. Riley Financial, Inc Stock?
B. Riley Financial, 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 B. Riley Financial, Inc Stock.

What's the current price of B. Riley Financial, Inc Stock?
As of the end of day on the 2024-03-28, the price of an B. Riley Financial, Inc (RILYZ) share was $13.83.

What is the 52-week high and low for B. Riley Financial, Inc Stock?
The 52-week high for B. Riley Financial, Inc Stock is $19.50 and the 52-week low is $10.00.

What is the market capitalization of B. Riley Financial, Inc Stock?
As of the 2024-03-28, the market capitalization of B. Riley Financial, Inc is 567.465M.
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