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 WABC
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Westamerica Bancorporation stock price ended at $48.88 on Thursday, after gaining 0.143%.
(Updated on Mar 28, 2024)

Buy candidate since Mar 20, 2024 Gain 2.67% PDF

The Westamerica Bancorporation stock price gained 0.143% on the last trading day (Thursday, 28th Mar 2024), rising from $48.81 to $48.88. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.26% from a day low at $48.43 to a day high of $49.04. The price has risen in 7 of the last 10 days and is up by 5.5% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 58 thousand more shares were traded than the day before. In total, 161 thousand shares were bought and sold for approximately $7.86 million.

Given the current short-term trend, the stock is expected to fall -14.19% during the next 3 months and, with a 90% probability hold a price between $34.27 and $41.94 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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WABC Signals & Forecast

The Westamerica Bancorporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $47.84 and $46.65. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 07, 2024, and so far it has risen 9.67%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Westamerica Bancorporation stock

Westamerica Bancorporation finds support from accumulated volume at $47.81 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 $0.610 between high and low, or 1.26%. For the last week the stock has had daily average volatility of 1.96%.

Our recommended stop-loss: $46.95 (-3.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 35 days ago.)

Trading Expectations (WABC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Westamerica Bancorporation to open at $48.78, and during the day (based on 14 day Average True Range), to move between $47.74 and $50.02, which gives a possible trading interval of +/-$1.14 (+/-2.32%) up or down from last closing price. If Westamerica Bancorporation takes out the full calculated possible swing range there will be an estimated 4.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $49.70 (1.68%) than the support at $47.81 (2.19%), 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 Westamerica Bancorporation 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: 2.692 Buy Candidate Unchanged

Predicted Opening Price for Westamerica Bancorporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$48.78 ( 0.198%) $48.88

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

Trading levels for WABC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 49.39 1.05 %
R2 49.16 0.573 %
R1 49.02 0.279 %
Current price: 48.88
Support S1 48.55 -0.674 %
S2 48.41 -0.97 %
S3 48.17 -1.45 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 51.63 5.63 %
R2 49.79 1.86 %
R1 49.70 1.68 %
Current price 48.88
Support S1 47.81 -2.19%
S2 46.89 -4.07%
S3 45.86 -6.18%

WABC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 02, 2024 Feb 02, 2024 Feb 16, 2024 $0.440 0.94%
2 Oct 26, 2023 Nov 03, 2023 Nov 17, 2023 $0.440 0.88%
3 Jul 27, 2023 Aug 04, 2023 Aug 18, 2023 $0.440 0.96%
4 Apr 27, 2023 May 05, 2023 May 19, 2023 $0.420 1.10%
5 Jan 26, 2023 Feb 03, 2023 Feb 17, 2023 $0.420 0.745%

FAQ

What is the symbol for Westamerica Bancorporation Stock and on which exchange is it traded?
The symbol for Westamerica Bancorporation is WABC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Westamerica Bancorporation Stock?
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.

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

What's the current price of Westamerica Bancorporation Stock?
As of the end of day on the 2024-03-28, the price of an Westamerica Bancorporation (WABC) share was $48.88.

What is the 52-week high and low for Westamerica Bancorporation Stock?
The 52-week high for Westamerica Bancorporation Stock is $57.86 and the 52-week low is $35.57.

What is the market capitalization of Westamerica Bancorporation Stock?
As of the 2024-03-28, the market capitalization of Westamerica Bancorporation is 1.304B.

When is the next earnings date for Westamerica Bancorporation?
The upcoming earnings date for Westamerica Bancorporation is Apr 18, 2024.
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About Westamerica Bancorporation

Westamerica Ban Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as ... WABC Profile

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