Don’t Let Fear Of Missing Out Drive Investment Decisions: Mizuho Financial Group, Inc. (MFG), IDACORP, Inc. (IDA)

The price of Mizuho Financial Group, Inc. (NYSE:MFG) went down by $-0.07 now trading at $3.03. Their shares witnessed a 3.77% increase from the 52-week low price of $2.92 they recorded on 2018-12-24. Even though it is still -24.09% behind the $3.76 high touched on 2018-03-12. The last few days have been rough for the stock, as its price has decreased by -2.57% during the week. It has also performed poorly over the past three months, as it lost around -7.62% while it has so far retreated around -18.98% during the course of a year. The stock of MFG recorded 1% uptrend from the beginning of this year till date. The 12-month potential price target for Mizuho Financial Group, Inc. is set at $4.84. This target means that the stock has an upside potential to increase by 59.74% from the current trading price.

When giving their opinion, around 100% of Wall Street analysts, which represents 1 out of 1 rated the stock as a Buy. 0 brokerage firms of the remaining 0% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate MFG shares held by institutional investors represents 0.4% of total shares. 41 institutions entered new Mizuho Financial Group, Inc. (NYSE:MFG) positions, 70 added to their existing positions in these shares, 61 lowered their positions, and 20 exited their positions entirely.

Mizuho Financial Group, Inc. (MFG) trade volume has increased by 3.56% as around 655,987 shares were sold when compared with its 50-day average volume of traded shares which is 633,424. At the moment, MFG is witnessing a downtrend, as it is trading -2.88% below its 20-day SMA, -3.37% below its 50-day SMA, and -9.98% below its 200-day SMA. The company runs an ROE of roughly 6.8%, with financial analysts predicting that their earnings per share growth will be around 1.8% per annum for the next five year. This will be compared to the -8% decrease witnessed over the past five years.

The first technical resistance point for Mizuho Financial Group, Inc. (NYSE:MFG) will likely come at $3.05, marking a 0.66% premium to the current level. The second resistance point is at $3.07, about 1.3% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $2.99, the lower end of the range. MFG’s 14-day MACD is -0.04 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 31.09, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 13.29 percent, which is low when compared to that of the 50-day’s 22.04 percent.

The shares of IDACORP, Inc. (NYSE:IDA) has increased by 0.1%, and now trading at $98.7 on the Wall Street in the intra-day deal, with their shares traded now around 233,965. This is a decline of -11,195 shares over the average 245,160 shares that were traded daily over the last three months. The stock that is trading at $98.7 went higher by 22.93% from its 52-week low of $80.29 that it attained back on 2018-03-09. The stock recorded a 52-week high of $102.44 nearly 85 days ago on 2018-12-12.

IDA stock has performed well over the past 30 days, as it added 2.38% while its price climbed by 6.06% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 0.65% over the last week. The stock’s 12-month potential target price is now at $88.67. This means that the stock price might likely increase by -10.16% from its current trading price.0 out of 3 Wall Street analysts which represents 0% rated the stock as a buy while the remaining 33.33% rated it as a hold, with 66.67% of analysts rating it as a sell.

IDACORP, Inc. (NYSE:IDA) has been utilizing an ROE that is roughly 9.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 2.6% per year, following the 3.8% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.51% above its 20-day SMA, 3.19% above its 50-day SMA, and 3.21% above its 200-day SMA. In percentage terms, the aggregate IDACORP, Inc. shares held by institutional investors is 78.9%. 58 institutions jumped in to acquire IDACORP, Inc. (IDA) fresh stake, 158 added to their current holdings in these shares, 149 lowered their positions, and 40 left no stake in the company.

The stock’s 9-day MACD is 0.25 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 55.1, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 8.6 percent, which is less when compared to that of the 50-day’s 22.62 percent. On the daily chart, we see that the stock could reach the first level of resistance at $99.12, sporting a 0.42% premium to the current level. The next resistance point is at $99.55, representing nearly 0.85% premium to the current market price of IDACORP, Inc. (IDA). On the other hand, failure to breach the immediate hurdles can drag it down to $97.71, the lower end of the range.