First Savings Financial Group Stock Forecast
Red day on Thursday for First Savings Financial Group
(Updated on Mar 28, 2024)
No changes to the price of First Savings Financial Group stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 2.38% from a day low at $16.43 to a day high of $16.82. The price has risen in 5 of the last 10 days and is up by 1.09% over the past 2 weeks.
The stock lies in the middle of a 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 -4.64% during the next 3 months and, with a 90% probability hold a price between $15.52 and $16.78 at the end of this 3-month period.
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FSFG Signals & Forecast
Mostly positive signals in the chart today. The First Savings Financial Group stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $16.65 and $16.74. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 2.32%. 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). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for First Savings Financial Group stock
First Savings Financial Group finds support from accumulated volume at $16.71 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.391 between high and low, or 2.38%. For the last week the stock has had daily average volatility of 1.59%.
Our recommended stop-loss: $15.84 (-5.42%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)
Trading Expectations (FSFG) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect First Savings Financial Group to open at $16.67, and during the day (based on 14 day Average True Range), to move between $16.42 and $17.08, which gives a possible trading interval of +/-$0.330 (+/-1.97%) up or down from last closing price. If First Savings Financial Group takes out the full calculated possible swing range there will be an estimated 3.94% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $16.71 (0.24%) than the resistance at $16.81 (0.36%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is First Savings Financial Group 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: 1.602 Buy Candidate Unchanged
Predicted Opening Price for First Savings Financial Group of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$16.67 ( 0.495%) | $16.75 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FSFG
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 17.06 | 1.84 % | |
R2 | 16.91 | 0.95 % | ||
R1 | 16.82 | 0.397 % | ||
Current price: | 16.75 | |||
Support | S1 | 16.52 | -1.39 % | |
S2 | 16.43 | -1.94 % | ||
S3 | 16.28 | -2.83 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 18.00 | 7.46 % | |
R2 | 17.14 | 2.33 % | ||
R1 | 16.81 | 0.358 % | ||
Current price | 16.75 | |||
Support | S1 | 16.71 | -0.239% | |
S2 | 16.56 | -1.13% | ||
S3 | 16.51 | -1.43% |
FSFG Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 28, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.150 | 0.90% |
2 | Nov 29, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.140 | 0.83% |
3 | Aug 30, 2023 | Sep 14, 2023 | Sep 30, 2023 | $0.140 | 0.95% |
4 | May 31, 2023 | Jun 15, 2023 | Jun 30, 2023 | $0.140 | 1.06% |
5 | Feb 22, 2023 | Mar 16, 2023 | Mar 31, 2023 | $0.140 | 0.87% |
FAQ
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