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 SIF
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Red day on Wednesday for SIFCO Industries Inc
(Updated on Mar 27, 2024)

Buy candidate since Mar 22, 2024 Loss -0.62% PDF

The SIFCO Industries Inc stock price fell by -0.0157% on the last day (Wednesday, 27th Mar 2024) from $3.18 to $3.18. During the last trading day the stock fluctuated 0.314% from a day low at $3.18 to a day high of $3.19. The price has fallen in 5 of the last 10 days but is still up by 3.59% 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, 2 thousand shares were bought and sold for approximately $7.45 thousand.

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 -9.17% during the next 3 months and, with a 90% probability hold a price between $2.40 and $3.84 at the end of this 3-month period.

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SIF Signals & Forecast

The SIFCO Industries Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $3.16 and $3.17. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 17, 2024, and so far it has risen 6.36%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. SIFCO Industries Inc 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 SIFCO Industries Inc stock

SIFCO Industries Inc finds support from accumulated volume at $3.10 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 $0.0100 between high and low, or 0.314%. For the last week the stock has had daily average volatility of 1.64%.

Our recommended stop-loss: $3.09 (-2.84%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 49 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect SIFCO Industries Inc to open at $3.18, and during the day (based on 14 day Average True Range), to move between $3.09 and $3.27, which gives a possible trading interval of +/-$0.0937 (+/-2.95%) up or down from last closing price. If SIFCO Industries Inc takes out the full calculated possible swing range there will be an estimated 5.89% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.20 (0.63%) than the support at $3.10 (2.52%), 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 SIFCO Industries Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.147 Buy Candidate Unchanged

Predicted Opening Price for SIFCO Industries Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$3.18 ( 0.103%) $3.18

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

Trading levels for SIF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.19 0.417 %
R2 3.19 0.297 %
R1 3.19 0.223 %
Current price: 3.18
Support S1 3.18 -0.0174 %
S2 3.18 -0.0916 %
S3 3.17 -0.212 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.71 16.66 %
R2 3.28 3.14 %
R1 3.20 0.626 %
Current price 3.18
Support S1 3.10 -2.52%
S2 3.09 -2.83%
S3 3.01 -5.35%

SIF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 24, 2014 Nov 04, 2014 Nov 20, 2014 $0.200 0.596%
2 Sep 27, 2013 Nov 05, 2013 Nov 21, 2013 $0.200 0.91%
3 Sep 26, 2012 Oct 31, 2012 Nov 16, 2012 $0.200 1.34%
4 Oct 03, 2011 Nov 02, 2011 Nov 18, 2011 $0.200 1.01%
5 Oct 01, 2010 Nov 09, 2010 Nov 26, 2010 $0.150 1.13%

FAQ

What is the symbol for SIFCO Industries Inc Stock and on which exchange is it traded?
The symbol for SIFCO Industries Inc is SIF and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell SIFCO Industries Inc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy SIFCO Industries Inc Stock?
SIFCO Industries 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 SIFCO Industries Inc Stock.

What's the current price of SIFCO Industries Inc Stock?
As of the end of day on the 2024-03-27, the price of an SIFCO Industries Inc (SIF) share was $3.18.

What is the 52-week high and low for SIFCO Industries Inc Stock?
The 52-week high for SIFCO Industries Inc Stock is $4.89 and the 52-week low is $2.28.

What is the market capitalization of SIFCO Industries Inc Stock?
As of the 2024-03-27, the market capitalization of SIFCO Industries Inc is 19.592M.

When is the next earnings date for SIFCO Industries Inc?
The upcoming earnings date for SIFCO Industries Inc is Aug 12, 2024.
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About SIFCO Industries Inc

SIFCO Industries SIFCO Industries, Inc. produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company's processes and services include forging, heat-treating, and machining. It offers original equipment manufacturer and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft ... SIF Profile

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