7.125% Fixed-rate Reset Subordinated Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
7.125% Fixed-rate Reset Subordinated stock price ended at $26.25 on Tuesday, after gaining 0.229%.
(Updated on Jun 25, 2024)
The 7.125% Fixed-rate Reset Subordinated stock price gained 0.229% on the last trading day (Tuesday, 25th Jun 2024), rising from $26.19 to $26.25. During the last trading day the stock fluctuated 0.317% from a day low at $26.17 to a day high of $26.25. The price has risen in 6 of the last 10 days and is up by 0.19% 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, 10 thousand more shares were traded than the day before. In total, 31 thousand shares were bought and sold for approximately $818.58 thousand.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect 7.125% Fixed-rate Reset Subordinated stock with a 90% probability to be traded between $26.05 and $26.56 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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RZC Signals & Forecast
The 7.125% Fixed-rate Reset Subordinated 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 $26.19 and $26.17. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 0.768%. Further rise is indicated until a new top pivot has been found. 7.125% Fixed-rate Reset Subordinated 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Friday, May 31, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 17, 2024.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Friday, May 31, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 17, 2024.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Friday, May 31, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 17, 2024.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
A sell signal from a double top formation was found on Thursday, June 06, 2024 and based on theory for this formation the price should fall by -1.06% to $25.97 within 23 trading days since signal was issued (Thursday, July 11, 2024).
Support, Risk & Stop-loss for 7.125% Fixed-rate Reset Subordinated stock
7.125% Fixed-rate Reset Subordinated finds support from accumulated volume at $26.19 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 $0.0830 between high and low, or 0.317%. For the last week the stock has had daily average volatility of 0.500%.
Our recommended stop-loss: $24.70 (-5.92%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (RZC) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect 7.125% Fixed-rate Reset Subordinated Debentures Due 2052 to open at $26.22, and during the day (based on 14 day Average True Range), to move between $26.09 and $26.41, which gives a possible trading interval of +/-$0.162 (+/-0.62%) up or down from last closing price. If 7.125% Fixed-rate Reset Subordinated Debentures Due 2052 takes out the full calculated possible swing range there will be an estimated 1.23% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $26.19 (0.23%) than the resistance at $26.32 (0.27%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is 7.125% Fixed-rate Reset Subordinated Debentures Due 2052 stock A Buy?
7.125% Fixed-rate Reset Subordinated 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.
Current score: 0.018 Hold/Accumulate Unchanged
Predicted Opening Price for 7.125% Fixed-rate Reset Subordinated Debentures Due 2052 of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $26.22 ( 0.105%) | $26.25 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RZC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 26.31 | 0.211% |
| R2 | 26.27 | 0.0900% |
| R1 | 26.25 | 0.0154% |
| Price | 26.25 | |
| S1 | 26.19 | -0.226% |
| S2 | 26.17 | -0.301% |
| S3 | 26.14 | -0.422% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 26.42 | 0.648% |
| R2 | 26.37 | 0.457% |
| R1 | 26.32 | 0.267% |
| Price | 26.25 | |
| S1 | 26.19 | -0.229% |
| S2 | 26.04 | -0.80% |
| S3 | 25.89 | -1.37% |
RZC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 01, 2024 | Jul 01, 2024 | Jul 15, 2024 | $0.445 | 1.70% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Apr 15, 2024 | $0.445 | 1.70% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.445 | 1.70% |
| 4 | Sep 28, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.445 | 1.74% |
| 5 | Aug 29, 2023 | Aug 29, 2023 | Oct 16, 2023 | $0.445 | 1.74% |
FAQ
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