TCFC Forecast and Technical Stock Analysis
Buy candidate since 2019-08-16
The Community Financial Corporation gained 0.98% in the last trading day ( Friday, 16th Aug 2019 ), rising from $31.69 to $32.00 During the day the stock fluctuated 2.24% from a day low at $31.30 to a day high of $32.00. The price has risen in 6 of the last 10 days and is up by 0.34% over the past 2 weeks. Volume fell in the last day by -989 shares and in total, 4 503 shares bought and sold for approximately $144 096.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the TCFC stock price was $33.40 and low was $30.61.
- 90 day high was $34.15 and low was $29.80.
- 52 week high for The Community Financial Corporation - $34.73 and low - $26.47.
The Community Financial Corporation lies in the lower part of a wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $31.40 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 4% during the next 3 months and, with 90% probability hold a price between $32.66 and $36.16 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains 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 Community Financial Corporation holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $32.51. On a fall, the stock will find some support from the short-term average at $31.91. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 46 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
The Community Financial Corporation finds support from accumulated volume at $31.77.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $30.29 (-5.34%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)
1.63 %Average volatility
Very Low Low Medium High Very High
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 this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
|TCFC $32.00 ($0.31 0.98%)|
TCFC is up $0.31 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for TCFC based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the TCFC analysis is free »
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!