Bear State Financial Fund Forecast

Bear State Financial fund price down 0% on Wednesday
(Updated on Jun 06, 2018)

BSF Signals & Forecast

The Bear State Financial fund 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 $10.32 and $10.32. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, June 05, 2018, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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". The very low volume increases the risk and reduces the other technical signals issued. The fund had a Golden Star Signal on Tuesday, April 03, 2018 for the short-term and also have Golden Star Signal for the medium-term dated Friday, February 16, 2018.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the fund in question.

Support, Risk & Stop-loss for Bear State Financial fund

Bear State Financial finds support from accumulated volume at $10.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

Our recommended stop-loss: $9.91 (-4.00%) (This fund has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (BSF) For The Upcoming Trading Day Of Thursday 7th

For the upcoming trading day on Thursday, 7th we expect Bear State Financial to open at $10.32, and during the day (based on 14 day Average True Range), to move between $10.32 and $10.32, which gives a possible trading interval of +/-$0.0028 (+/-0.03%) up or down from last closing price. If Bear State Financial takes out the full calculated possible swing range there will be an estimated 0.05% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $10.30, some $0.0200 (0.19%) from the current price of $10.32, our system finds the risk reward attractive.

Is Bear State Financial fund A Buy?

Bear State Financial holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.310 Hold/Accumulate Unchanged

Predicted Opening Price for Bear State Financial of Thursday, June 7, 2018

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