NASDAQ:WFBI
Delisted

WashingtonFirst Bankshares Inc Fund Forecast

$34.26
+0 (+0%)
At Close: Jan 16, 2018
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

WashingtonFirst Bankshares Inc fund price ended at $34.26 on Tuesday, after losing 0%.
(Updated on Jan 16, 2018)

Sell candidate since Jan 11, 2018 PDF

No changes to the price of WashingtonFirst Bankshares Inc fund on the last trading day (Tuesday, 16th Jan 2018). During the last trading day the fund fluctuated 0% from a day low at $34.26 to a day high of $34.26. 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 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 $34.50 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 -3.37% during the next 3 months and, with a 90% probability hold a price between $31.15 and $33.34 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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WFBI Signals & Forecast

The WashingtonFirst Bankshares Inc fund 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 $34.26 and $34.19. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Monday, January 15, 2018, and so far it has fallen 0%. 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. The fund had a Golden Star Signal on Monday, December 11, 2017 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the fund in question.

Support, Risk & Stop-loss for WashingtonFirst Bankshares Inc fund

WashingtonFirst Bankshares Inc finds support from accumulated volume at $34.22 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%

The WashingtonFirst Bankshares Inc fund is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some funds may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the fund manages to break the trend before that occurs.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WFBI) For The Upcoming Trading Day Of Wednesday 17th

For the upcoming trading day on Wednesday, 17th we expect WashingtonFirst Bankshares Inc to open at $34.26, and during the day (based on 14 day Average True Range), to move between $33.95 and $34.57, which gives a possible trading interval of +/-$0.314 (+/-0.92%) up or down from last closing price. If WashingtonFirst Bankshares Inc takes out the full calculated possible swing range there will be an estimated 1.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $34.27 (0.03%) than the support at $34.22 (0.12%), 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 WashingtonFirst Bankshares Inc fund A Buy?

WashingtonFirst Bankshares Inc 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: -1.052 Sell Candidate Unchanged

Predicted Opening Price for WashingtonFirst Bankshares Inc of Wednesday, January 17, 2018

Fair opening price January 17, 2018 Current price
$34.26 ( 0%) $34.26

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

Trading levels for WFBI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 34.26 .
R2 34.26 .
R1 34.26 .
Current price: 34.26
Support S1 34.26 .
S2 34.26 .
S3 34.26 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 36.48 6.48 %
R2 34.90 1.87 %
R1 34.27 0.0292 %
Current price 34.26
Support S1 34.22 -0.117%
S2 34.15 -0.321%
S3 33.68 -1.69%

FAQ

What is the symbol for WashingtonFirst Bankshares Inc Fund and on which exchange is it traded?
The symbol for WashingtonFirst Bankshares Inc is WFBI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell WashingtonFirst Bankshares Inc Fund?
WashingtonFirst Bankshares Inc 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.

How to buy WashingtonFirst Bankshares Inc Fund?
WashingtonFirst Bankshares Inc Fund can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy WashingtonFirst Bankshares Inc Fund.

What's the current price of WashingtonFirst Bankshares Inc Fund?
As of the end of day on the 2018-01-16, the price of an WashingtonFirst Bankshares Inc (WFBI) share was $34.26.

What is the 52-week high and low for WashingtonFirst Bankshares Inc Fund?
The 52-week high for WashingtonFirst Bankshares Inc Fund is $37.19 and the 52-week low is $26.22.
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About WashingtonFirst Bankshares Inc

WashingtonFirst Bankshares, Inc. operates as the holding company for WashingtonFirst Bank that provides commercial banking products and services to small-to-medium sized businesses, not-for-profit organizations, professional service firms, and individuals in Washington, D.C. metropolitan area. The company offers various deposit products, including business and personal checking, NOW, tiered savings and money market, time deposit, and individual r... WFBI Profile

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