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$26.55 (1.30%)

Volume: 23k

Closed: Dec 07, 2021

Hollow Logo Score: 1.502

SmartFinancial Stock Forecast

$26.55 (1.30%)

Volume: 23k

Closed: Dec 07, 2021

Score Hollow Logo 1.502
Which way will SMBK go? Request
Stop-loss: $25.39 (-4.39%)
Key Stats
Beta 0.76
Trailing Dividend Rate 0.91% ($0.24)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 43 and the stock is currently not being overbought or oversold

Green day on Tuesday for SmartFinancial stock after gaining 1.3%
(Updated on Dec 07, 2021)


Buy candidate since 2021-12-03 Gain 3.27%

The SmartFinancial stock price gained 1.30% on the last trading day (Tuesday, 7th Dec 2021), rising from $26.21 to $26.55. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.49% from a day low at $26.26 to a day high of $26.65. The price has been going up and down for this period, and there has been a -2.21% loss for the last 2 weeks. Volume fell on the last day by -756 shares and in total, 23 thousand shares were bought and sold for approximately $615.40 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 in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.17% during the next 3 months and, with a 90% probability hold a price between $27.24 and $29.49 at the end of this 3-month period.

Signals & Forecast

The SmartFinancial 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 $25.97 and $26.43. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, December 01, 2021, and so far it has risen 3.91%. Further rise is indicated until a new top pivot has been found. 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). 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.

Support, Risk & Stop-loss

SmartFinancial finds support from accumulated volume at $26.37 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 controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.39 between high and low, or 1.49%. For the last week the stock has had a daily average volatility of 2.48%.

Our recommended stop-loss: $25.39 (-4.39%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)

Is SmartFinancial stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SmartFinancial stock to perform well in the short-term.

Current score: 1.502

Predicted Opening Price for SmartFinancial of Wednesday, December 8, 2021

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

Fair opening price December 8, 2021 Current price
$26.49 $26.55 (Overvalued)
Buy Candidate Unchanged

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Analyst Ratings

On Jul 22, 2021 "Stephens" gave "$28.00 - $31.00" rating for SMBK. The price target was set to $24.42+1.9%.

Volatility and Risk
Daily Average Volatility: 2.48 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.48 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $26.67
Price: $26.55
Support: $26.37

SMBK Insider Trading Show all Trades

INSIDER POWER

2.996

Last 100 transactions
Buy: 524 934 | Sell: 175 224 (Shares)
Date Action Amount Person Type
Nov 09, 2021 Sell 13 000 Presley John M Common Stock
Sep 23, 2021 Buy 167 Presley John M Common Stock
Sep 01, 2021 Buy 85 573 Presley John M Common Stock
May 03, 2021 Buy 420 Barrett Victor Lynn Common Stock
Jan 28, 2021 Buy 2 500 Gorczynski Ronald J Common Stock
Show all Insider Trades
INSIDER POWER

2.996

Last 100 transactions
Buy: 524 934 | Sell: 175 224 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 26.88 1.23 %
26.73 0.67 %
26.64 0.32 %
Current price: 26.55
Support 26.34 -0.80 %
26.25 -1.15 %
26.10 -1.71 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 27.15 2.26 %
26.98 1.62 %
26.67 0.45 %
Current price 26.55
Support 26.37 -0.68%
26.00 -2.07%
25.27 -4.82%

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About SmartFinancial

SmartFinancial, Inc. operates as the bank holding company for the SmartBank that provides various banking services to individuals and corporate customers in the United States. The company offers various deposit products, including interest bearing and non-interest bearing checking accounts, savings accounts, money market accounts, IRAs, and certificates of deposit. It also provides loan products, such as commercial real estate loans, consumer rea... Read more

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