St Barbara Limited Stock Forecast
St Barbara Limited stock upgraded to Sell Candidate.
(Updated on Jun 28, 2024)
No changes to the price of St Barbara Limited stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 4.06% from a day low at $0.197 to a day high of $0.205. The price has fallen in 4 of the last 10 days and is down by -9.09% for this period.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.191 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -14.12% during the next 3 months and, with a 90% probability hold a price between $0.164 and $0.232 at the end of this 3-month period.
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SBM.AX Signals & Forecast
There are mixed signals in the stock today. The St Barbara Limited 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 $0.200 and $0.239. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 2.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for St Barbara Limited stock
St Barbara Limited finds support from accumulated volume at $0.195 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0080 between high and low, or 4.06%. For the last week the stock has had daily average volatility of 5.82%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SBM.AX) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect St Barbara Limited to open at $0.201, and during the day (based on 14 day Average True Range), to move between $0.186 and $0.214, which gives a possible trading interval of +/-$0.0142 (+/-7.11%) up or down from last closing price. If St Barbara Limited takes out the full calculated possible swing range there will be an estimated 14.22% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.195 (2.50%) than the resistance at $0.230 (15.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is St Barbara Limited stock A Buy?
St Barbara Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -3.388 Sell Candidate Upgraded
Predicted Opening Price for St Barbara Limited of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $0.201 ( 0.333%) | $0.200 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SBM.AX
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.209 | 4.33% |
| R2 | 0.206 | 2.81% |
| R1 | 0.204 | 1.86% |
| Price | 0.200 | |
| S1 | 0.198 | -1.19% |
| S2 | 0.196 | -2.14% |
| S3 | 0.193 | -3.67% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.240 | 20.00% |
| R2 | 0.235 | 17.50% |
| R1 | 0.230 | 15.00% |
| Price | 0.200 | |
| S1 | 0.195 | -2.50% |
| S2 | 0.190 | -5.00% |
| S3 | 0.185 | -7.50% |
SBM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 08, 2021 | Sep 08, 2021 | Sep 08, 2021 | $0.0200 | 1.37% |
| 2 | Mar 02, 2021 | Mar 02, 2021 | Mar 02, 2021 | $0.0400 | 2.02% |
| 3 | Sep 07, 2020 | Sep 07, 2020 | Sep 07, 2020 | $0.0400 | 1.18% |
| 4 | Feb 19, 2020 | Mar 03, 2020 | Mar 25, 2020 | $0.0400 | 1.79% |
| 5 | Aug 21, 2019 | Sep 03, 2019 | Sep 25, 2019 | $0.0400 | 1.29% |
FAQ
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