Landmark Bancorp Inc. Stock Forecast
Landmark Bancorp Inc. stock downgraded from Hold/Accumulate to Sell Candidate after Friday trading session.
(Updated on Apr 19, 2024)
No changes to the price of Landmark Bancorp Inc. stock on the last trading day (Friday, 19th Apr 2024). During the last trading day the stock fluctuated 0% from a day low at $19.00 to a day high of $19.00. The price has risen in 5 of the last 10 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 -8.11% during the next 3 months and, with a 90% probability hold a price between $16.26 and $18.46 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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LARK Signals & Forecast
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. The Landmark Bancorp Inc. 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 $19.33 and $19.39. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 15, 2024, and so far it has fallen -3.80%. Further fall is indicated until a new bottom pivot has been found. 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 Landmark Bancorp Inc. stock
Landmark Bancorp Inc. finds support from accumulated volume at $18.90 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 0.580%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LARK) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Landmark Bancorp Inc. to open at $19.00, and during the day (based on 14 day Average True Range), to move between $18.54 and $19.46, which gives a possible trading interval of +/-$0.456 (+/-2.40%) up or down from last closing price. If Landmark Bancorp Inc. takes out the full calculated possible swing range there will be an estimated 4.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $18.90 (0.53%) than the resistance at $19.25 (1.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Landmark Bancorp Inc. stock A Buy?
Landmark Bancorp Inc. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -3.931 Sell Candidate Downgraded
Predicted Opening Price for Landmark Bancorp Inc. of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $19.00 ( 0%) | $19.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LARK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.00 | . | |
| R2 | 19.00 | . | ||
| R1 | 19.00 | . | ||
| Current price: | 19.00 | |||
| Support | S1 | 19.00 | . | |
| S2 | 19.00 | . | ||
| S3 | 19.00 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 20.02 | 5.37 % | |
| R2 | 19.30 | 1.58 % | ||
| R1 | 19.25 | 1.32 % | ||
| Current price | 19.00 | |||
| Support | S1 | 18.90 | -0.526% | |
| S2 | 18.70 | -1.58% | ||
| S3 | 0 | . |
LARK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 31, 2024 | Feb 13, 2024 | Feb 28, 2024 | $0.210 | 1.06% |
| 2 | Nov 02, 2023 | Nov 30, 2023 | Nov 30, 2023 | $0.200 | 1.05% |
| 3 | Oct 31, 2023 | Nov 14, 2023 | Nov 29, 2023 | $0.210 | 1.12% |
| 4 | Aug 08, 2023 | Aug 22, 2023 | Sep 06, 2023 | $0.210 | 1.15% |
| 5 | May 02, 2023 | May 16, 2023 | May 31, 2023 | $0.210 | 1.07% |
FAQ
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