VOLUME
Sell
TREND
Sell
MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

YZCAY Forecast and Technical Stock Analysis

Hold candidate since 2019-07-11

No changes to the price of BNC Bancorp in the last trading day ( Friday, 12th Jul 2019 ). During day the stock fluctuated 0.00% from a day low at $9.15 to a day high of $9.15. The price has fallen in 5 of the last 10 days and is down by -3.53% for this period.

Quick summary:

  • 30 day high of the YZCAY stock price was $9.58 and low was $8.55.
  • 90 day high was $11.41 and low was $8.53.
  • 52 week high for the BNC Bancorp - $13.42 and low - $7.70.
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Trend

BNC Bancorp lies the upper part of a wide and falling trend in the short term, and this will 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 $9.36 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -18.44% during the next 3 months and, with 90% probability hold a price between $6.28 and $7.64 at the end of this period.

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Signals

BNC Bancorp holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $9.21. On a fall, the stock will find some support from the long-term average at approximately $9.09. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Monday July 08, 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. 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.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 51 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 behavior.

Support & Resistance

BNC Bancorp finds support from accumulated volume at $9.13.

Support: $9.13 Price: $9.15 Resistance: $9.16

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.58%.

Our recommended stoploss: $8.63 (-5.68%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 4 days ago.)

0.58 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Upgraded

Evaluation

BNC Bancorp holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.

Will YZCAY stock price go up or down on Tue, 16 Jul 2019?

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