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 WSBC
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WesBanco stock price up 1.64% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 1.64% PDF

The WesBanco stock price gained 1.64% on the last trading day (Thursday, 28th Mar 2024), rising from $29.33 to $29.81. During the last trading day the stock fluctuated 2.22% from a day low at $29.24 to a day high of $29.89. The price has risen in 7 of the last 10 days and is up by 6.62% 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, 143 thousand more shares were traded than the day before. In total, 315 thousand shares were bought and sold for approximately $9.39 million.

The stock lies the upper part of a 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 $29.98 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 -5.65% during the next 3 months and, with a 90% probability hold a price between $25.24 and $28.29 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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WSBC Signals & Forecast

The WesBanco 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 $28.90 and $28.80. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 7.77%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. 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).

Support, Risk & Stop-loss for WesBanco stock

WesBanco finds support from accumulated volume at $29.68 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.650 (2.22%) between high and low. For the last week, the stock has had daily average volatility of 2.31%.

Our recommended stop-loss: $28.55 (-4.23%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

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

For the upcoming trading day on Monday, 1st we expect WesBanco to open at $29.65, and during the day (based on 14 day Average True Range), to move between $28.97 and $30.65, which gives a possible trading interval of +/-$0.84 (+/-2.81%) up or down from last closing price. If WesBanco takes out the full calculated possible swing range there will be an estimated 5.63% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $29.68 (0.44%) than the resistance at $29.96 (0.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is WesBanco 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: 2.301 Buy Candidate Unchanged

Predicted Opening Price for WesBanco of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$29.65 ( 0.548%) $29.81

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

Trading levels for WSBC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 30.30 1.63 %
R2 30.05 0.800 %
R1 29.89 0.285 %
Current price: 29.81
Support S1 29.40 -1.38 %
S2 29.24 -1.90 %
S3 29.00 -2.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 31.29 4.96 %
R2 30.95 3.82 %
R1 29.96 0.503 %
Current price 29.81
Support S1 29.68 -0.436%
S2 28.50 -4.39%
S3 28.23 -5.30%

WSBC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Mar 07, 2024 Apr 01, 2024 $0.360 1.21%
2 Nov 15, 2023 Dec 07, 2023 Jan 02, 2024 $0.360 1.15%
3 Aug 24, 2023 Sep 07, 2023 Oct 02, 2023 $0.350 1.45%
4 May 24, 2023 Jun 08, 2023 Jul 01, 2023 $0.350 1.37%
5 Feb 23, 2023 Mar 09, 2023 Apr 01, 2023 $0.350 1.14%

FAQ

What is the symbol for WesBanco Stock and on which exchange is it traded?
The symbol for WesBanco is WSBC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell WesBanco 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 WesBanco Stock?
WesBanco Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy WesBanco Stock.

What's the current price of WesBanco Stock?
As of the end of day on the 2024-03-28, the price of an WesBanco (WSBC) share was $29.81.

What is the 52-week high and low for WesBanco Stock?
The 52-week high for WesBanco Stock is $32.20 and the 52-week low is $19.90.

What is the market capitalization of WesBanco Stock?
As of the 2024-03-28, the market capitalization of WesBanco is 1.77B.

When is the next earnings date for WesBanco?
The upcoming earnings date for WesBanco is Apr 22, 2024.
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About WesBanco

WesBanco WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. It operates in two segments, Community Banking, and Trust and Investment Services. The company offers commercial demand, individual demand, and time deposit accounts; money market accounts; interest bearing and non-interest bearing demand ... WSBC Profile

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