State Bank Financial Corporation. Fund Forecast
State Bank Financial Corporation. fund price ended at $21.59 on Friday, after losing 0%.
(Updated on Jan 18, 2019)
No changes to the price of State Bank Financial Corporation. fund on the last trading day (Friday, 18th Jan 2019). During the last trading day the fund fluctuated 0% from a day low at $21.59 to a day high of $21.59. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The fund lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $21.95 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the fund is expected to fall -18.70% during the next 3 months and, with a 90% probability hold a price between $15.32 and $17.85 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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STBZ Signals & Forecast
There are mixed signals in the fund today. The State Bank Financial Corporation. fund 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 $21.59 and $22.17. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Friday, December 28, 2018, and so far it has risen 0.606%. 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).
Support, Risk & Stop-loss for State Bank Financial Corporation. fund
State Bank Financial Corporation. finds support from accumulated volume at $20.94 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the fund 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 fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (STBZ) For The Upcoming Trading Day Of Tuesday 22nd
For the upcoming trading day on Tuesday, 22nd we expect State Bank Financial Corporation. to open at $21.59, and during the day (based on 14 day Average True Range), to move between $21.24 and $21.94, which gives a possible trading interval of +/-$0.354 (+/-1.64%) up or down from last closing price. If State Bank Financial Corporation. takes out the full calculated possible swing range there will be an estimated 3.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $21.60 (0.05%) than the support at $20.94 (3.01%), 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 State Bank Financial Corporation. fund A Buy?
State Bank Financial Corporation. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.
Current score: -1.140 Sell Candidate Unchanged
Predicted Opening Price for State Bank Financial Corporation. of Tuesday, January 22, 2019
Fair opening price January 22, 2019 | Current price |
---|---|
$21.59 ( 0%) | $21.59 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STBZ
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 21.59 | . | |
R2 | 21.59 | . | ||
R1 | 21.59 | . | ||
Current price: | 21.59 | |||
Support | S1 | 21.59 | . | |
S2 | 21.59 | . | ||
S3 | 21.59 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 23.41 | 8.43 % | |
R2 | 21.86 | 1.25 % | ||
R1 | 21.60 | 0.0463 % | ||
Current price | 21.59 | |||
Support | S1 | 20.94 | -3.01% | |
S2 | 20.64 | -4.40% | ||
S3 | 20.36 | -5.70% |
FAQ
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