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 GLBZ
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Red day on Wednesday for Glen Burnie Bancorp
(Updated on Mar 27, 2024)

Sell candidate since Mar 25, 2024 Gain 0.56% PDF

No changes to the price of Glen Burnie Bancorp stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at $5.43 to a day high of $5.43. The price has fallen in 5 of the last 10 days and is down by -10.1% for this period.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $5.32 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -8.23% during the next 3 months and, with a 90% probability hold a price between $4.88 and $6.15 at the end of this 3-month period.

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GLBZ Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 0.556%. 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 Glen Burnie Bancorp 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 $5.60 and $6.23. 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 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.

Support, Risk & Stop-loss for Glen Burnie Bancorp stock

Glen Burnie Bancorp finds support from accumulated volume at $5.40 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 between high and low, or 0%. For the last week the stock has had daily average volatility of 1.29%

Glen Burnie Bancorp 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 (GLBZ) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Glen Burnie Bancorp to open at $5.43, and during the day (based on 14 day Average True Range), to move between $5.25 and $5.61, which gives a possible trading interval of +/-$0.183 (+/-3.36%) up or down from last closing price. If Glen Burnie Bancorp takes out the full calculated possible swing range there will be an estimated 6.73% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.40 (0.55%) than the resistance at $6.20 (14.18%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Glen Burnie Bancorp stock A Buy?

Glen Burnie Bancorp holds several negative signals and is within a very 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: -2.489 Sell Candidate Unchanged

Predicted Opening Price for Glen Burnie Bancorp of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$5.43 ( 0%) $5.43

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

Trading levels for GLBZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.43 .
R2 5.43 .
R1 5.43 .
Current price: 5.43
Support S1 5.43 .
S2 5.43 .
S3 5.43 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.64 22.28 %
R2 6.55 20.63 %
R1 6.20 14.18 %
Current price 5.43
Support S1 5.40 -0.552%
S2 0 .
S3 0 .

GLBZ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 11, 2024 Jan 19, 2024 Feb 05, 2024 $0.100 1.43%
2 Oct 12, 2023 Oct 20, 2023 Nov 06, 2023 $0.100 1.81%
3 Jul 13, 2023 Jul 21, 2023 Aug 07, 2023 $0.100 1.27%
4 Apr 13, 2023 Apr 21, 2023 May 08, 2023 $0.100 1.26%
5 Jan 13, 2023 Jan 20, 2023 Feb 06, 2023 $0.100 1.20%

FAQ

What is the symbol for Glen Burnie Bancorp Stock and on which exchange is it traded?
The symbol for Glen Burnie Bancorp is GLBZ and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Glen Burnie Bancorp Stock?
Glen Burnie Bancorp holds several negative signals and is within a very 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.

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

What's the current price of Glen Burnie Bancorp Stock?
As of the end of day on the 2024-03-27, the price of an Glen Burnie Bancorp (GLBZ) share was $5.43.

What is the 52-week high and low for Glen Burnie Bancorp Stock?
The 52-week high for Glen Burnie Bancorp Stock is $9.82 and the 52-week low is $4.90.

What is the market capitalization of Glen Burnie Bancorp Stock?
As of the 2024-03-27, the market capitalization of Glen Burnie Bancorp is 15.623M.

When is the next earnings date for Glen Burnie Bancorp?
The upcoming earnings date for Glen Burnie Bancorp is May 09, 2024.
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About Glen Burnie Bancorp

Glen Burnie Ban Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, and IRA and SEP accounts, as well as certificates of deposit. It also provides residential and commercial... GLBZ Profile

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