RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BRIM.IC
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Brim hf. stock price ended at 77.00 Íkr on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 21, 2024 Loss -3.02% PDF

No changes to the price of Brim hf. stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0.654% from a day low at 76.50 Íkr to a day high of 77.00 Íkr. The price has fallen in 4 of the last 10 days and is down by -3.27% for this period.

The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 76.80 Íkr is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.99% during the next 3 months and, with a 90% probability hold a price between 71.44 Íkr and 76.24 Íkr 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

BRIM.IC Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has fallen 0%. 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. The Brim hf. 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 78.06 Íkr and 80.69 Íkr. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

Support, Risk & Stop-loss for Brim hf. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 0.500 Íkr between high and low, or 0.654%. For the last week the stock has had daily average volatility of 0.622%.

Brim hf. is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BRIM.IC) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect Brim hf. to open at 76.83 Íkr, and during the day (based on 14 day Average True Range), to move between 76.26 Íkr and 77.74 Íkr, which gives a possible trading interval of +/-0.742 Íkr (+/-0.96%) up or down from last closing price. If Brim hf. takes out the full calculated possible swing range there will be an estimated 1.93% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ 82.80 Íkr, some 5.80 Íkr (7.53%) from the current price of 77.00 Íkr, our system finds the risk reward not very attractive.

Is Brim hf. stock A Buy?

Brim hf. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.166 Sell Candidate Unchanged

Predicted Opening Price for Brim hf. of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
76.83 Íkr ( 0.216%) 77.00 Íkr

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

Trading levels for BRIM.IC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 77.33 0.433 %
R2 77.14 0.185 %
R1 77.02 0.0316 %
Current price: 77.00
Support S1 76.64 -0.465 %
S2 76.52 -0.618 %
S3 76.33 -0.87 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 86.60 12.47 %
R2 86.40 12.21 %
R1 82.80 7.53 %
Current price 77.00
Support S1 0 .
S2 0 .
S3 0 .

BRIM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 22, 2024 Mar 22, 2024 Apr 30, 2024 2.00 Íkr 2.60%
2 May 07, 2018 May 07, 2018 May 07, 2018 0.700 Íkr 2.03%
3 May 08, 2017 May 08, 2017 May 08, 2017 1.00 Íkr 3.21%
4 Apr 04, 2016 Apr 04, 2016 Apr 04, 2016 1.70 Íkr 4.57%
5 Apr 13, 2015 Apr 13, 2015 Apr 13, 2015 1.50 Íkr 4.04%

FAQ

What is the symbol for Brim hf. Stock and on which exchange is it traded?
The symbol for Brim hf. is BRIM.IC and it is traded on the OMXI (Iceland Stock Exchange).

Should I buy or sell Brim hf. Stock?
Brim hf. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Brim hf. Stock?
Brim hf. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Brim hf. Stock.

What's the current price of Brim hf. Stock?
As of the end of day on the 2024-03-27, the price of an Brim hf. (BRIM.IC) share was 77.00 Íkr.

What is the 52-week high and low for Brim hf. Stock?
The 52-week high for Brim hf. Stock is 88.40 Íkr and the 52-week low is 66.00 Íkr.

What is the market capitalization of Brim hf. Stock?
As of the 2024-03-27, the market capitalization of Brim hf. is 148.262B.
Click to get the best stock tips daily for free!

About Brim hf.

Brim hf. Brim hf. operates as a seafood company in Iceland. It sells various seafood products that include ground fish; and pelagic fish, such as kolmuni, herring, redfish, cod, and haddock, as well as fish drying and fish roe. The company also engages in the demersal fish processing, freezing of pelagic fish, flour and lysis processing, and roe processing. It offers its products primarily in Europe, Asia, and North America. The company was formerly known... BRIM.IC Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT