Capital City Bank Group Stock Forecast
Green day on Monday for Capital City Bank Group
(Updated on Mar 18, 2024)
The Capital City Bank Group stock price gained 0.711% on the last trading day (Monday, 18th Mar 2024), rising from $26.72 to $26.91. During the last trading day the stock fluctuated 1.63% from a day low at $26.65 to a day high of $27.09. The price has fallen in 7 of the last 10 days and is down by -2.89% for this period. Volume fell on the last day by -93 thousand shares and in total, 29 thousand shares were bought and sold for approximately $768.25 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 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 -6.64% during the next 3 months and, with a 90% probability hold a price between $23.70 and $27.66 at the end of this 3-month period.
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CCBG Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 0.711%. 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. The Capital City Bank Group 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 $27.56 and $28.13. A break-up above any of these levels will issue buy signals. 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 for Capital City Bank Group stock
Capital City Bank Group finds support from accumulated volume at $26.82 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 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 stock During the last day, the stock moved $0.435 between high and low, or 1.63%. For the last week the stock has had daily average volatility of 2.55%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CCBG) For The Upcoming Trading Day Of Tuesday 19th
For the upcoming trading day on Tuesday, 19th we expect Capital City Bank Group to open at $26.88, and during the day (based on 14 day Average True Range), to move between $26.20 and $27.62, which gives a possible trading interval of +/-$0.711 (+/-2.64%) up or down from last closing price. If Capital City Bank Group takes out the full calculated possible swing range there will be an estimated 5.29% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $26.82 (0.33%) than the resistance at $27.98 (3.98%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Capital City Bank Group stock A Buy?
Capital City Bank Group holds several negative signals and is within a wide and 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: -2.145 Sell Candidate Unchanged
Predicted Opening Price for Capital City Bank Group of Tuesday, March 19, 2024
Fair opening price March 19, 2024 | Current price |
---|---|
$26.88 ( 0.105%) | $26.91 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CCBG
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 27.32 | 1.51 % | |
R2 | 27.15 | 0.89 % | ||
R1 | 27.05 | 0.512 % | ||
Current price: | 26.91 | |||
Support | S1 | 26.72 | -0.723 % | |
S2 | 26.61 | -1.10 % | ||
S3 | 26.45 | -1.72 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 30.85 | 14.64 % | |
R2 | 28.58 | 6.21 % | ||
R1 | 27.98 | 3.98 % | ||
Current price | 26.91 | |||
Support | S1 | 26.82 | -0.334% | |
S2 | 26.72 | -0.706% | ||
S3 | 0 | . |
CCBG Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 29, 2024 | Mar 08, 2024 | Mar 25, 2024 | $0.210 | 0.780% |
2 | Nov 16, 2023 | Dec 01, 2023 | Dec 18, 2023 | $0.200 | 0.664% |
3 | Aug 24, 2023 | Sep 08, 2023 | Sep 25, 2023 | $0.200 | 0.681% |
4 | May 25, 2023 | Jun 02, 2023 | Jun 20, 2023 | $0.180 | 0.563% |
5 | Feb 23, 2023 | Mar 03, 2023 | Mar 20, 2023 | $0.180 | 0.594% |
FAQ
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