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 CIB
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BanColombia SA stock downgraded from Strong Buy Candidate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 21, 2024 Gain 8.43% PDF

The BanColombia SA stock price fell by -0.313% on the last day (Wednesday, 27th Mar 2024) from $35.09 to $34.98. During the last trading day the stock fluctuated 1.06% from a day low at $34.87 to a day high of $35.24. The price has been going up and down for this period, and there has been a 7.23% gain for the last 2 weeks. Volume has increased on the last day by 46 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 224 thousand shares were bought and sold for approximately $7.83 million.

The stock lies in the middle of a wide and 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 6.75% during the next 3 months and, with a 90% probability hold a price between $34.24 and $38.59 at the end of this 3-month period.

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CIB Signals & Forecast

The BanColombia SA 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 $34.38 and $32.76. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -0.313%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for BanColombia SA stock

On the downside, the stock finds support just below today's level from accumulated volume at $32.63 and $32.26. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, BanColombia SA finds support just below today's level at $32.63. If this is broken, then the next support from accumulated volume will be at $32.26 and $31.43.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.370 between high and low, or 1.06%. For the last week, the stock has had daily average volatility of 2.29%.

Our recommended stop-loss: $33.98 (-2.86%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (CIB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect BanColombia SA to open at $35.03, and during the day (based on 14 day Average True Range), to move between $34.28 and $35.68, which gives a possible trading interval of +/-$0.704 (+/-2.01%) up or down from last closing price. If BanColombia SA takes out the full calculated possible swing range there will be an estimated 4.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $35.09 (0.31%) than the support at $32.63 (6.72%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is BanColombia SA 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 BanColombia SA stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 3.263 Buy Candidate Downgraded

Predicted Opening Price for BanColombia SA of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$35.03 ( 0.143%) $34.98

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

Trading levels for CIB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 35.40 1.20 %
R2 35.26 0.797 %
R1 35.17 0.547 %
Current price: 34.98
Support S1 34.89 -0.261 %
S2 34.80 -0.511 %
S3 34.66 -0.91 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 35.09 0.314 %
Current price 34.98
Support S1 32.63 -6.72%
S2 32.26 -7.78%
S3 31.43 -10.15%

CIB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 28, 2024 Mar 28, 2024 Apr 11, 2024 $0.91 2.61%
2 Dec 27, 2023 Dec 27, 2023 Jan 12, 2024 $0.88 2.78%
3 Jul 26, 2023 Sep 28, 2023 Oct 12, 2023 $0.89 3.54%
4 Jun 15, 2023 Jun 29, 2023 Oct 12, 2023 $0.85 3.38%
5 Mar 20, 2023 Mar 30, 2023 Apr 13, 2023 $0.733 2.59%

FAQ

What is the symbol for BanColombia SA Stock and on which exchange is it traded?
The symbol for BanColombia SA is CIB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell BanColombia SA Stock?
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 BanColombia SA stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

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

What's the current price of BanColombia SA Stock?
As of the end of day on the 2024-03-27, the price of an BanColombia SA (CIB) share was $34.98.

What is the 52-week high and low for BanColombia SA Stock?
The 52-week high for BanColombia SA Stock is $35.31 and the 52-week low is $23.12.

What is the market capitalization of BanColombia SA Stock?
As of the 2024-03-27, the market capitalization of BanColombia SA is 8.371B.

When is the next earnings date for BanColombia SA?
The upcoming earnings date for BanColombia SA is May 08, 2024.
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About BanColombia SA

BanColombia SA Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domest... CIB Profile

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