MEDALLION FINANCIAL CORP stock forecast: up to 7.82 USD MFIN stock price prognosis

STOCK

Forecast for Fri 24 May 2024 price 7.82

MEDALLION FINANCIAL CORP stock price forecast for further price development up to 0.43% (time horizon: 1 day) and price target of 7.82 USD. Short-term (time horizon: 2 weeks) MEDALLION FINANCIAL CORP share price prediction for 2024-05-24 with daily closed price projections

Key Facts

Symbol MFIN 

ISIN US5839281061 

CUSIP 583928106


Currency USD


Category Finance Services

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 149,481,000.0


Earnings per share -0.52


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

In January 2017, we announced our plans to transform our overall strategy. Pursuant to such law, the TLC began issuing street hail livery licenses in June 2013. We try to identify markets that are profitable and where we can be an industry leader. Generally, we retained the medallion loans we originated. See Note 6 to the consolidated financial statements for additional information. ( The minimum total risk-based capital ratio requirement is 8%. &# See "Brokered Deposits" below for additional information. SBICs must maintain certain records and make them available for SBA examination. 8226; The response of governmental and non-governmental authorities. There have also been recent decreases in the values of our medallion loan collateral. Any changes or volatility in these benchmarks could cause us to suffer losses. Most of our credit facility debt is subject to cross default provisions. Certain other events can constitute an event of default. As of December 31, 2020, Medallion Bank's Tier 1 leverage ratio was 16.9%. We are subject to regulation and supervision by the FDIC and the Utah DFI. These demands on their time may distract them or slow the rate of investment. We are dependent upon our key investment personnel for our future success.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1000209/000156459021013216/0001564590-21-013216.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 38.02/100
    • Not in ideal financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - OSAIC HOLDINGS, INC. 2023-06-30 32264
RITHOLTZ WEALTH MANAGEMENT 2023-06-30 20364
JPMORGAN CHASE & CO 2023-03-31 13574
VANGUARD GROUP INC 2023-03-31 977927
Horan Securities, Inc. 2022-12-31 500

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Fidelity Concord Street Trust 2023-11-30 23897 Long
Fidelity Concord Street Trust 2023-11-30 35405 Long
Fidelity Concord Street Trust 2023-11-30 10141 Long
Fidelity Concord Street Trust 2023-11-30 88964 Long
American Century ETF Trust 2023-11-30 2750 Long


Bollinger Bollinger Bands for MEDALLION FINANCIAL CORP can provide the information where the market is moving based on price information.


MEDALLION FINANCIAL CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns MEDALLION FINANCIAL CORP.


On-Balance Volume information for MEDALLION FINANCIAL CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for MEDALLION FINANCIAL CORP. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for MEDALLION FINANCIAL CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for MEDALLION FINANCIAL CORP. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for MEDALLION FINANCIAL CORP. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for MEDALLION FINANCIAL CORP. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for MEDALLION FINANCIAL CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


MEDALLION FINANCIAL CORP on Nasdaq

MEDALLION FINANCIAL CORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 7.82 2024-03-29 11:39
2024-05-22 7.83 2024-03-29 11:38
2024-05-23 7.82 2024-03-29 11:38
2024-05-20 7.83 2024-03-29 11:38
2024-05-21 7.83 2024-03-29 11:38
2024-05-14 7.83 2024-03-29 11:38
2024-04-18 7.87 2024-03-29 11:38
2024-04-01 7.88 2024-03-29 11:38
2024-04-22 7.86 2024-03-29 11:38
2024-04-23 7.86 2024-03-29 11:38
2024-04-08 7.86 2024-03-29 11:38
2024-04-09 7.85 2024-03-29 11:38
2024-04-10 7.86 2024-03-29 11:38
2024-05-08 7.84 2024-03-29 11:38
2024-05-13 7.84 2024-03-29 11:38
2024-05-15 7.83 2024-03-29 11:38
2024-04-26 7.85 2024-03-29 11:38
2024-04-15 7.86 2024-03-29 11:38
2024-04-16 7.86 2024-03-29 11:38
2024-04-17 7.86 2024-03-29 11:38
2024-04-24 7.86 2024-03-29 11:38
2024-05-16 7.83 2024-03-29 11:38
2024-04-12 7.88 2024-03-29 11:38
2024-05-09 7.84 2024-03-29 11:38
2024-04-19 7.87 2024-03-29 11:38
2024-05-03 7.85 2024-03-29 11:38
2024-05-01 7.85 2024-03-29 11:38
2024-05-02 7.85 2024-03-29 11:38
2024-05-17 7.83 2024-03-29 11:38
2024-04-02 7.87 2024-03-29 11:38
2024-04-03 7.89 2024-03-29 11:38
2024-04-04 7.89 2024-03-29 11:38
2024-04-05 7.87 2024-03-29 11:38
2024-04-11 7.88 2024-03-29 11:38
2024-04-25 7.86 2024-03-29 11:38
2024-04-29 7.85 2024-03-29 11:38
2024-04-30 7.85 2024-03-29 11:38
2024-05-06 7.84 2024-03-29 11:38
2024-05-07 7.84 2024-03-29 11:38
2024-05-10 7.84 2024-03-29 11:38

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.