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Provident Bancorp Inc
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Let's analyse Provident Bancorp Inc together

PenkeI guess you are interested in Provident Bancorp Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Provident Bancorp Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Provident Bancorp Inc (30 sec.)










What can you expect buying and holding a share of Provident Bancorp Inc? (30 sec.)

How much money do you get?

How much money do you get?
$2.36
When do you have the money?
1 year
How often do you get paid?
52.5%

What is your share worth?

Current worth
$12.55
Expected worth in 1 year
$13.57
How sure are you?
82.5%

+ What do you gain per year?

Total Gains per Share
$3.37
Return On Investment
39.2%

For what price can you sell your share?

Current Price per Share
$8.61
Expected price per share
$7.8 - $9.12
How sure are you?
50%

1. Valuation of Provident Bancorp Inc (5 min.)




Live pricePrice per Share (EOD)

$8.61

Intrinsic Value Per Share

$-3.72 - $6.80

Total Value Per Share

$8.83 - $19.35

2. Growth of Provident Bancorp Inc (5 min.)




Is Provident Bancorp Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$221.9m$221.1m-$4.6m-2.1%

How much money is Provident Bancorp Inc making?

Current yearPrevious yearGrowGrow %
Making money$2.7m-$14.8m$17.6m642.9%
Net Profit Margin15.2%-69.5%--

How much money comes from the company's main activities?

3. Financial Health of Provident Bancorp Inc (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Provident Bancorp Inc? (5 min.)

Welcome investor! Provident Bancorp Inc's management wants to use your money to grow the business. In return you get a share of Provident Bancorp Inc.

What can you expect buying and holding a share of Provident Bancorp Inc?

First you should know what it really means to hold a share of Provident Bancorp Inc. And how you can make/lose money.

Speculation

The Price per Share of Provident Bancorp Inc is $8.61. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Provident Bancorp Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Provident Bancorp Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $12.55. Based on the TTM, the Book Value Change Per Share is $0.25 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.42 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.59 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Provident Bancorp Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.171.9%0.151.8%-0.30-3.5%0.080.9%0.081.0%
Usd Book Value Change Per Share0.242.8%0.252.9%-0.42-4.9%0.273.2%0.222.5%
Usd Dividend Per Share0.000.0%0.596.8%0.030.3%0.141.6%0.070.8%
Usd Total Gains Per Share0.242.8%0.849.8%-0.39-4.6%0.414.8%0.283.3%
Usd Price Per Share10.07-8.72-13.38-13.86-14.03-
Price to Earnings Ratio15.22-14.38-8.86-19.44-36.11-
Price-to-Total Gains Ratio41.19-25.41-80.71-53.31-43.98-
Price to Book Ratio0.80-0.71-1.06-1.33-1.76-
Price-to-Total Gains Ratio41.19-25.41-80.71-53.31-43.98-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.61
Number of shares116
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.590.14
Usd Book Value Change Per Share0.250.27
Usd Total Gains Per Share0.840.41
Gains per Quarter (116 shares)97.7747.49
Gains per Year (116 shares)391.08189.95
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
127311838164126180
2547235772127253370
38203531163191379560
410944701554254506750
513675881945318632940
6164170623363817581130
7191482327274458851320
82188941311850810111510
924611059350957211381700
1027351176390063512641890

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%39.01.00.097.5%40.01.00.097.6%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%15.05.00.075.0%30.07.03.075.0%31.07.03.075.6%
Dividend per Share2.00.02.050.0%10.00.02.083.3%14.00.06.070.0%21.00.019.052.5%22.00.019.053.7%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%16.04.00.080.0%33.06.01.082.5%34.06.01.082.9%

Fundamentals of Provident Bancorp Inc

About Provident Bancorp Inc

Provident Bancorp, Inc. operates as the bank holding company for BankProv that provides various financial services to individuals and small businesses in the United States. It offers checking, term certificate, NOW, money market, and savings accounts, as well as certificates of deposit. The company also provides commercial business, commercial real estate, multi-family residential real estate, construction and land development, mortgage warehouse, one- to four-family residential, and consumer loans. Provident Bancorp, Inc. was founded in 1828 and is headquartered in Amesbury, Massachusetts.

Fundamental data was last updated by Penke on 2024-03-22 01:28:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Provident Bancorp Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Provident Bancorp Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Provident Bancorp Inc to the Banks - Regional industry mean.
  • A Net Profit Margin of 11.6% means that $0.12 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Provident Bancorp Inc:

  • The MRQ is 11.6%. The company is making a huge profit. +2
  • The TTM is 15.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.6%TTM15.2%-3.6%
TTM15.2%YOY-69.5%+84.8%
TTM15.2%5Y2.6%+12.6%
5Y2.6%10Y10.8%-8.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ11.6%18.4%-6.8%
TTM15.2%28.0%-12.8%
YOY-69.5%25.2%-94.7%
5Y2.6%22.8%-20.2%
10Y10.8%19.8%-9.0%
1.1.2. Return on Assets

Shows how efficient Provident Bancorp Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Provident Bancorp Inc to the Banks - Regional industry mean.
  • 0.2% Return on Assets means that Provident Bancorp Inc generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Provident Bancorp Inc:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%+0.0%
TTM0.2%YOY-0.8%+1.0%
TTM0.2%5Y0.0%+0.2%
5Y0.0%10Y0.1%-0.1%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.1%+0.1%
TTM0.2%0.2%0.0%
YOY-0.8%0.2%-1.0%
5Y0.0%0.2%-0.2%
10Y0.1%0.2%-0.1%
1.1.3. Return on Equity

Shows how efficient Provident Bancorp Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Provident Bancorp Inc to the Banks - Regional industry mean.
  • 1.3% Return on Equity means Provident Bancorp Inc generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Provident Bancorp Inc:

  • The MRQ is 1.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.3%+0.1%
TTM1.3%YOY-7.5%+8.7%
TTM1.3%5Y-0.3%+1.5%
5Y-0.3%10Y0.6%-0.9%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%1.4%-0.1%
TTM1.3%2.5%-1.2%
YOY-7.5%2.7%-10.2%
5Y-0.3%2.5%-2.8%
10Y0.6%2.8%-2.2%

1.2. Operating Efficiency of Provident Bancorp Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Provident Bancorp Inc is operating .

  • Measures how much profit Provident Bancorp Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Provident Bancorp Inc to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Provident Bancorp Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM23.4%-23.4%
TTM23.4%YOY21.2%+2.2%
TTM23.4%5Y33.8%-10.4%
5Y33.8%10Y35.6%-1.9%
1.2.2. Operating Ratio

Measures how efficient Provident Bancorp Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.18 means that the operating costs are $0.18 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Provident Bancorp Inc:

  • The MRQ is 0.176. The company is very efficient in keeping operating costs low. +2
  • The TTM is -0.309.
Trends
Current periodCompared to+/- 
MRQ0.176TTM-0.309+0.485
TTM-0.309YOY-0.124-0.185
TTM-0.3095Y0.048-0.357
5Y0.04810Y-0.214+0.262

1.3. Liquidity of Provident Bancorp Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Provident Bancorp Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.56 means the company has $0.56 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Provident Bancorp Inc:

  • The MRQ is 0.561. The company is unable to pay all its short-term debts. -2
  • The TTM is 3.959. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ0.561TTM3.959-3.398
TTM3.959YOY1.189+2.770
TTM3.9595Y6.596-2.637
5Y6.59610Y3.367+3.228
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM3.9590.124+3.835
YOY1.1890.225+0.964
5Y6.5960.219+6.377
10Y3.3670.131+3.236
1.3.2. Quick Ratio

Measures if Provident Bancorp Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Provident Bancorp Inc to the Banks - Regional industry mean.
  • A Quick Ratio of -0.05 means the company can pay off $-0.05 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Provident Bancorp Inc:

  • The MRQ is -0.055. The company is unable to pay all its short-term debts with the most liquid assets. -2
  • The TTM is 4.129. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ-0.055TTM4.129-4.184
TTM4.129YOY1.481+2.648
TTM4.1295Y5.513-1.384
5Y5.51310Y2.879+2.634

1.4. Solvency of Provident Bancorp Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Provident Bancorp Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Provident Bancorp Inc to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.87 means that Provident Bancorp Inc assets are financed with 86.7% credit (debt) and the remaining percentage (100% - 86.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Provident Bancorp Inc:

  • The MRQ is 0.867. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.875. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.867TTM0.875-0.008
TTM0.875YOY0.876-0.001
TTM0.8755Y0.859+0.016
5Y0.85910Y0.865-0.006
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8670.915-0.048
TTM0.8750.917-0.042
YOY0.8760.919-0.043
5Y0.8590.919-0.060
10Y0.8650.927-0.062
1.4.2. Debt to Equity Ratio

Measures if Provident Bancorp Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Provident Bancorp Inc to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 652.7% means that company has $6.53 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Provident Bancorp Inc:

  • The MRQ is 6.527. The company is unable to pay all its debts with equity. -1
  • The TTM is 7.020. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.527TTM7.020-0.493
TTM7.020YOY7.105-0.085
TTM7.0205Y6.244+0.776
5Y6.24410Y6.540-0.296
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ6.52710.829-4.302
TTM7.02011.013-3.993
YOY7.10511.363-4.258
5Y6.24411.437-5.193
10Y6.54013.038-6.498

2. Market Valuation of Provident Bancorp Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Provident Bancorp Inc generates.

  • Above 15 is considered overpriced but always compare Provident Bancorp Inc to the Banks - Regional industry mean.
  • A PE ratio of 15.22 means the investor is paying $15.22 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Provident Bancorp Inc:

  • The EOD is 13.013. Based on the earnings, the company is underpriced. +1
  • The MRQ is 15.220. Based on the earnings, the company is fair priced.
  • The TTM is 14.383. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD13.013MRQ15.220-2.207
MRQ15.220TTM14.383+0.837
TTM14.383YOY8.864+5.520
TTM14.3835Y19.442-5.059
5Y19.44210Y36.107-16.666
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD13.0137.398+5.615
MRQ15.2206.680+8.540
TTM14.3835.295+9.088
YOY8.8646.943+1.921
5Y19.4429.770+9.672
10Y36.1079.943+26.164
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Provident Bancorp Inc:

  • The EOD is 31.922. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 37.335. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 5.541. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD31.922MRQ37.335-5.413
MRQ37.335TTM5.541+31.794
TTM5.541YOY16.008-10.467
TTM5.5415Y61.314-55.773
5Y61.31410Y41.637+19.677
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD31.922-2.069+33.991
MRQ37.335-1.868+39.203
TTM5.541-0.342+5.883
YOY16.0086.448+9.560
5Y61.3140.429+60.885
10Y41.6370.091+41.546
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Provident Bancorp Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.80 means the investor is paying $0.80 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Provident Bancorp Inc:

  • The EOD is 0.686. Based on the equity, the company is cheap. +2
  • The MRQ is 0.802. Based on the equity, the company is cheap. +2
  • The TTM is 0.710. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.686MRQ0.802-0.116
MRQ0.802TTM0.710+0.092
TTM0.710YOY1.061-0.351
TTM0.7105Y1.325-0.615
5Y1.32510Y1.759-0.434
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.6860.427+0.259
MRQ0.8020.386+0.416
TTM0.7100.470+0.240
YOY1.0610.642+0.419
5Y1.3250.795+0.530
10Y1.7591.025+0.734
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Provident Bancorp Inc.

3.1. Institutions holding Provident Bancorp Inc

Institutions are holding 47.642% of the shares of Provident Bancorp Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Stilwell Value LLC10.36059.63111831467106010.5822
2023-12-31T. Rowe Price Investment Management,Inc.9.48040.011167590135350.2114
2023-12-31M3F, Inc.8.66944.90021532539-60000-3.7676
2023-12-31Vanguard Group Inc4.1960.000274174134970.4737
2023-12-31Dimensional Fund Advisors, Inc.1.46420.00082588395510027.0444
2023-12-31Kennedy Capital Management Inc1.11130.0432196456-2234-1.1244
2023-12-31Geode Capital Management, LLC1.06250.000218781992655.1889
2023-12-31AllianceBernstein L.P.0.92940.00061643031643030
2023-12-31BHZ Capital Management, LP.0.77560.7303137115-108643-44.2073
2023-12-31Maltese Capital Management LLC0.70150.351712400000
2023-12-31Millennium Management LLC0.66550.0005117635-74680-38.8321
2023-12-31BlackRock Inc0.658801164522282124.3733
2023-12-31Susquehanna International Group, LLP0.56490.000299856-118828-54.3378
2023-12-31Bridgeway Capital Management, LLC0.49420.01898735528803.4093
2023-12-31Renaissance Technologies Corp0.48920.00148648013001.5262
2023-12-31Watch Point Trust Co0.39720.07937021200
2023-12-31State Street Corporation0.359406352500
2023-12-31Qube Research & Technologies0.28110.0014968343361685.8747
2023-12-31Morgan Stanley - Brokerage Accounts0.2457043434-3717-7.8832
2023-12-31Citigroup Inc0.24340.0003430251796171.6605
Total 43.150215.77097627837-33478-0.4%

3.2. Funds holding Provident Bancorp Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31T. Rowe Price Small-Cap Value6.63450.11171172807-4800-0.4076
2024-01-31Vanguard Total Stock Mkt Idx Inv2.66310.000447077200
2023-12-31T. Rowe Price U.S. SC Value Eq Tr-Z2.63230.094946532548001.0423
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.37060.002724227900
2023-12-31Kennedy Micro Cap0.79120.2971139856-2339-1.6449
2024-01-31Fidelity Extended Market Index0.54620.00299654700
2023-12-31Kennedy Bank Sector0.31971.216156523280.0496
2023-12-31Bridgeway Omni Small-Cap Value0.30890.04285460000
2023-09-30Bridgeway Omni Small-Cap Value N0.30890.04645460000
2023-09-30BlackRock Extended Mkt Composite0.27990.00344947400
2024-01-31DFA US Targeted Value I0.27490.00414860000
2023-12-31BlackRock Extended Equity Market K0.24420.003243162-87-0.2012
2024-02-29iShares Micro-Cap ETF0.21810.0421385589092.4144
2024-02-29EA Bridgeway Omni Small-Cap Value ETF0.19540.029834540750.2176
2024-01-31DFA US Micro Cap I0.16480.00472913000
2024-02-29Dimensional US Core Equity 2 ETF0.15930.00112815700
2024-01-31DFA US Core Equity 2 I0.15720.0012779700
2024-01-31DFA US Core Equity 1 I0.15640.00092764414455.5155
2024-02-29Dimensional US Targeted Value ETF0.15260.00282698400
2024-01-31Fidelity Total Market Index0.15190.00042685100
Total 17.73011.90853134206+31+0.0%

3.3. Insider Transactions

Insiders are holding 13.245% of the shares of Provident Bancorp Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-10-04Joseph StilwellBUY24139.39
2023-10-02Joseph StilwellBUY20129.43
2023-09-28Joseph StilwellBUY24859.58
2023-09-26Joseph StilwellBUY3009.71
2023-09-22Joseph StilwellBUY1009.75
2023-09-20Joseph StilwellBUY29009.71
2023-09-18Joseph StilwellBUY22729.61
2023-09-15Joseph StilwellBUY2009.66
2023-09-13Joseph StilwellBUY72009.75
2023-09-11Joseph StilwellBUY5009.79
2023-09-06Joseph StilwellBUY502710.05
2023-08-31Joseph StilwellBUY2009.74
2023-08-03Kathleen Chase CurranBUY4089.75
2023-08-02Carol L HouleBUY90809.91
2023-07-31Laurie H KnappBUY6939.72

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Provident Bancorp Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2440.253-4%-0.421+272%0.272-10%0.215+14%
Book Value Per Share--12.55312.247+2%12.498+0%11.865+6%8.801+43%
Current Ratio--0.5613.959-86%1.189-53%6.596-91%3.367-83%
Debt To Asset Ratio--0.8670.875-1%0.876-1%0.859+1%0.865+0%
Debt To Equity Ratio--6.5277.020-7%7.105-8%6.244+5%6.5400%
Dividend Per Share---0.589-100%0.029-100%0.137-100%0.069-100%
Eps--0.1650.155+7%-0.302+283%0.078+112%0.084+97%
Free Cash Flow Per Share--0.0670.012+451%0.306-78%0.209-68%0.161-58%
Free Cash Flow To Equity Per Share--0.0672.459-97%-0.714+1160%2.416-97%1.698-96%
Gross Profit Margin--1.0000.958+4%0.992+1%0.974+3%0.966+4%
Intrinsic Value_10Y_max--6.802--------
Intrinsic Value_10Y_min---3.721--------
Intrinsic Value_1Y_max--0.848--------
Intrinsic Value_1Y_min--0.476--------
Intrinsic Value_3Y_max--2.420--------
Intrinsic Value_3Y_min--0.702--------
Intrinsic Value_5Y_max--3.840--------
Intrinsic Value_5Y_min--0.132--------
Market Cap152203275.000-17%178012425.000154147800.000+15%236700618.668-25%250645968.728-29%250804199.070-29%
Net Profit Margin--0.1160.152-24%-0.695+700%0.026+352%0.108+8%
Operating Margin---0.234-100%0.212-100%0.338-100%0.356-100%
Operating Ratio--0.176-0.309+275%-0.124+170%0.048+268%-0.214+222%
Pb Ratio0.686-17%0.8020.710+13%1.061-24%1.325-39%1.759-54%
Pe Ratio13.013-17%15.22014.383+6%8.864+72%19.442-22%36.107-58%
Price Per Share8.610-17%10.0708.720+15%13.378-25%13.855-27%14.026-28%
Price To Free Cash Flow Ratio31.922-17%37.3355.541+574%16.008+133%61.314-39%41.637-10%
Price To Total Gains Ratio35.216-17%41.18825.405+62%80.708-49%53.312-23%43.983-6%
Quick Ratio---0.0554.129-101%1.481-104%5.513-101%2.879-102%
Return On Assets--0.0020.002+11%-0.008+580%0.000+2907%0.001+71%
Return On Equity--0.0130.013+4%-0.075+668%-0.003+121%0.006+104%
Total Gains Per Share--0.2440.843-71%-0.393+261%0.409-40%0.284-14%
Usd Book Value--221902000.000216501500.000+2%221102500.000+0%212614750.000+4%157015175.000+41%
Usd Book Value Change Per Share--0.2440.253-4%-0.421+272%0.272-10%0.215+14%
Usd Book Value Per Share--12.55312.247+2%12.498+0%11.865+6%8.801+43%
Usd Dividend Per Share---0.589-100%0.029-100%0.137-100%0.069-100%
Usd Eps--0.1650.155+7%-0.302+283%0.078+112%0.084+97%
Usd Free Cash Flow--1192000.000216500.000+451%5410750.000-78%3747150.000-68%2878875.000-59%
Usd Free Cash Flow Per Share--0.0670.012+451%0.306-78%0.209-68%0.161-58%
Usd Free Cash Flow To Equity Per Share--0.0672.459-97%-0.714+1160%2.416-97%1.698-96%
Usd Market Cap152203275.000-17%178012425.000154147800.000+15%236700618.668-25%250645968.728-29%250804199.070-29%
Usd Price Per Share8.610-17%10.0708.720+15%13.378-25%13.855-27%14.026-28%
Usd Profit--2924000.0002738500.000+7%-14868500.000+608%-479350.000+116%559400.000+423%
Usd Revenue--25213000.00018611000.000+35%20397500.000+24%16407450.000+54%12349500.000+104%
Usd Total Gains Per Share--0.2440.843-71%-0.393+261%0.409-40%0.284-14%
 EOD+4 -4MRQTTM+19 -17YOY+21 -155Y+15 -2110Y+18 -18

4.2. Fundamental Score

Let's check the fundamental score of Provident Bancorp Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.013
Price to Book Ratio (EOD)Between0-10.686
Net Profit Margin (MRQ)Greater than00.116
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than1-0.055
Current Ratio (MRQ)Greater than10.561
Debt to Asset Ratio (MRQ)Less than10.867
Debt to Equity Ratio (MRQ)Less than16.527
Return on Equity (MRQ)Greater than0.150.013
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Provident Bancorp Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.714
Ma 20Greater thanMa 509.343
Ma 50Greater thanMa 1009.944
Ma 100Greater thanMa 2009.924
OpenGreater thanClose8.860
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Cash And Cash Equivalents  155,91488,264244,17853,680297,85868,511366,369-388,569-22,200
Net Debt  -71,106-100,521-171,627-42,241-213,868-58,572-272,440403,508131,068
Long-term Assets Other  -29,16813,476-15,692-29,225-44,9171,730-43,187102,06258,875
Cash and Short Term Investments  155,914117,008272,92252,592325,51467,034392,548-414,748-22,200
Net Working Capital  94,887133,871228,75831,763260,52157,612318,133-495,480-177,347



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets1,670,309
Total Liabilities1,448,407
Total Stockholder Equity221,902
 As reported
Total Liabilities 1,448,407
Total Stockholder Equity+ 221,902
Total Assets = 1,670,309

Assets

Total Assets1,670,309
Total Current Assets226,422
Long-term Assets1,443,887
Total Current Assets
Cash And Cash Equivalents -22,200
Other Current Assets 226,422
Total Current Assets  (as reported)226,422
Total Current Assets  (calculated)204,222
+/- 22,200
Long-term Assets
Property Plant Equipment 16,766
Long-term Assets Other 58,875
Long-term Assets  (as reported)1,443,887
Long-term Assets  (calculated)75,641
+/- 1,368,246

Liabilities & Shareholders' Equity

Total Current Liabilities403,769
Long-term Liabilities1,044,638
Total Stockholder Equity221,902
Total Current Liabilities
Short-term Debt 95,000
Other Current Liabilities 308,769
Total Current Liabilities  (as reported)403,769
Total Current Liabilities  (calculated)403,769
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)1,044,638
Long-term Liabilities  (calculated)0
+/- 1,044,638
Total Stockholder Equity
Common Stock177
Retained Earnings 106,285
Accumulated Other Comprehensive Income -1,496
Other Stockholders Equity 116,936
Total Stockholder Equity (as reported)221,902
Total Stockholder Equity (calculated)221,902
+/-0
Other
Cash and Short Term Investments -22,200
Common Stock Shares Outstanding 16,691
Liabilities and Stockholders Equity 1,670,309
Net Debt 131,068
Net Working Capital -177,347
Short Long Term Debt Total 108,868



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-31
> Total Assets 
624,659
0
0
0
658,606
662,412
706,251
699,112
743,397
736,572
760,425
768,202
795,543
832,941
883,142
928,579
902,265
891,172
925,440
915,171
974,079
998,519
1,031,175
1,078,365
1,121,924
1,266,555
1,414,812
1,497,982
1,505,781
1,551,892
1,585,106
1,625,298
1,729,283
1,792,010
1,788,026
1,773,684
1,773,684
1,702,153
1,761,587
1,808,440
1,670,309
1,670,3091,808,4401,761,5871,702,1531,773,6841,773,6841,788,0261,792,0101,729,2831,625,2981,585,1061,551,8921,505,7811,497,9821,414,8121,266,5551,121,9241,078,3651,031,175998,519974,079915,171925,440891,172902,265928,579883,142832,941795,543768,202760,425736,572743,397699,112706,251662,412658,606000624,659
   > Total Current Assets 
0
0
0
0
87,736
92,459
126,259
95,490
103,699
98,234
142,196
140,270
130,892
137,512
137,611
129,896
111,463
82,380
105,621
81,048
82,654
76,559
80,097
41,534
62,512
37,658
42,934
53,562
38,048
139,329
146,205
196,231
1,623,755
256,216
160,569
172,338
161,887
278,758
330,521
398,133
226,422
226,422398,133330,521278,758161,887172,338160,569256,2161,623,755196,231146,205139,32938,04853,56242,93437,65862,51241,53480,09776,55982,65481,048105,62182,380111,463129,896137,611137,512130,892140,270142,19698,234103,69995,490126,25992,45987,7360000
       Cash And Cash Equivalents 
9,809
0
0
0
9,558
16,410
53,809
26,357
20,464
15,979
16,928
22,790
10,705
11,347
11,936
17,577
47,689
22,320
47,805
25,988
28,613
23,726
28,281
38,967
59,658
34,422
38,178
47,444
83,819
132,873
140,384
191,161
153,115
216,076
154,804
155,914
155,914
244,178
297,858
366,369
-22,200
-22,200366,369297,858244,178155,914155,914154,804216,076153,115191,161140,384132,87383,81947,44438,17834,42259,65838,96728,28123,72628,61325,98847,80522,32047,68917,57711,93611,34710,70522,79016,92815,97920,46426,35753,80916,4109,5580009,809
       Short-term Investments 
5,547
0
0
0
76,122
73,984
70,348
67,042
80,984
79,243
123,085
115,462
117,867
123,832
123,143
109,684
61,429
57,790
55,322
52,476
51,403
49,662
48,590
45,328
41,790
39,081
36,992
34,421
32,215
34,629
32,597
35,901
36,837
33,740
31,169
29,168
29,168
28,744
27,656
26,179
0
026,17927,65628,74429,16829,16831,16933,74036,83735,90132,59734,62932,21534,42136,99239,08141,79045,32848,59049,66251,40352,47655,32257,79061,429109,684123,143123,832117,867115,462123,08579,24380,98467,04270,34873,98476,1220005,547
       Net Receivables 
0
0
0
0
2,056
2,065
2,102
2,001
2,251
2,220
2,183
2,018
2,320
2,333
2,532
2,635
2,345
2,270
2,494
2,584
2,638
3,171
3,226
2,567
2,854
3,236
4,756
6,118
6,371
6,456
5,821
5,070
5,703
6,400
5,765
5,973
5,973
5,836
5,007
5,585
0
05,5855,0075,8365,9735,9735,7656,4005,7035,0705,8216,4566,3716,1184,7563,2362,8542,5673,2263,1712,6382,5842,4942,2702,3452,6352,5322,3332,3202,0182,1832,2202,2512,0012,1022,0652,0560000
       Other Current Assets 
0
0
0
0
2,056
0
0
0
2,251
0
0
0
2,320
2,333
2,532
5,848
5,631
2,270
2,494
2,584
2,638
3,171
3,226
2,567
2,854
3,236
4,756
-74,497
-38,586
-156,398
-160,994
5,070
1,428,100
27,908
-31,168
5,973
172,338
250,014
302,865
371,954
226,422
226,422371,954302,865250,014172,3385,973-31,16827,9081,428,1005,070-160,994-156,398-38,586-74,4974,7563,2362,8542,5673,2263,1712,6382,5842,4942,2705,6315,8482,5322,3332,3200002,2510002,0560000
   > Long-term Assets 
0
0
0
0
132,094
129,674
125,843
122,439
137,213
135,606
134,961
127,144
129,454
138,293
137,600
120,840
72,410
72,077
69,660
67,419
67,489
71,129
71,366
30,404
25,683
19,309
19,107
18,997
1,248,638
18,874
18,651
18,504
4,102
51,864
17,912
0
17,748
46,085
44,917
43,187
1,443,887
1,443,88743,18744,91746,08517,748017,91251,8644,10218,50418,65118,8741,248,63818,99719,10719,30925,68330,40471,36671,12967,48967,41969,66072,07772,410120,840137,600138,293129,454127,144134,961135,606137,213122,439125,843129,674132,0940000
       Property Plant Equipment 
10,694
0
0
0
10,503
10,342
10,268
10,203
11,606
12,081
11,876
11,682
11,587
14,461
14,457
11,156
10,981
14,287
14,338
14,943
16,086
21,467
22,776
24,057
18,441
19,309
19,107
18,997
18,974
18,874
18,651
18,504
18,360
18,124
17,912
17,748
17,748
17,341
17,261
17,008
16,766
16,76617,00817,26117,34117,74817,74817,91218,12418,36018,50418,65118,87418,97418,99719,10719,30918,44124,05722,77621,46716,08614,94314,33814,28710,98111,15614,45714,46111,58711,68211,87612,08111,60610,20310,26810,34210,50300010,694
       Long Term Investments 
0
0
0
0
125,233
45,438
45,317
45,194
128,917
44,282
0
0
120,654
0
0
0
63,283
59,956
55,322
52,476
53,079
51,382
48,590
45,328
41,790
39,081
36,992
34,421
32,215
34,629
32,597
35,901
36,837
33,740
31,169
29,168
28,600
28,744
27,656
26,179
0
026,17927,65628,74428,60029,16831,16933,74036,83735,90132,59734,62932,21534,42136,99239,08141,79045,32848,59051,38253,07952,47655,32259,95663,283000120,6540044,282128,91745,19445,31745,438125,2330000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
94,155
95,998
98,954
117,799
94,681
100,118
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000100,11894,681117,79998,95495,99894,155000000000000000000000
       Long-term Assets Other 
0
0
0
0
-132,094
-129,674
-125,843
-122,439
-137,213
-135,606
-134,961
-127,144
-129,454
-138,293
-137,600
-120,840
-72,410
-72,077
-69,660
-67,419
-67,489
-71,129
-71,366
-45,328
-41,790
-39,081
-36,992
-34,421
1,197,449
-34,629
-32,597
-35,901
-51,095
-51,864
-31,169
0
-29,168
-15,692
-44,917
-43,187
58,875
58,875-43,187-44,917-15,692-29,1680-31,169-51,864-51,095-35,901-32,597-34,6291,197,449-34,421-36,992-39,081-41,790-45,328-71,366-71,129-67,489-67,419-69,660-72,077-72,410-120,840-137,600-138,293-129,454-127,144-134,961-135,606-137,213-122,439-125,843-129,674-132,0940000
> Total Liabilities 
554,832
0
0
0
582,815
585,359
628,688
582,098
641,991
633,097
653,494
659,859
686,394
721,706
769,140
812,525
786,488
773,842
805,452
793,035
848,495
870,247
899,412
942,514
890,991
1,033,897
1,178,490
1,258,551
1,269,925
1,317,750
1,353,498
1,394,037
1,495,501
1,555,465
1,548,117
1,569,706
1,569,706
1,490,701
1,546,515
1,590,860
1,448,407
1,448,4071,590,8601,546,5151,490,7011,569,7061,569,7061,548,1171,555,4651,495,5011,394,0371,353,4981,317,7501,269,9251,258,5511,178,4901,033,897890,991942,514899,412870,247848,495793,035805,452773,842786,488812,525769,140721,706686,394659,859653,494633,097641,991582,098628,688585,359582,815000554,832
   > Total Current Liabilities 
0
0
0
0
558,284
579,840
589,415
575,511
626,347
625,804
646,276
651,789
677,840
713,467
761,425
803,638
776,898
764,916
794,150
781,372
768,096
775,277
860,390
902,277
3,877
1,005,230
1,149,132
34,421
50,930
21,129
19,097
22,401
23,337
1,522,269
78,000
1,538,574
67,000
50,000
70,000
80,000
403,769
403,76980,00070,00050,00067,0001,538,57478,0001,522,26923,33722,40119,09721,12950,93034,4211,149,1321,005,2303,877902,277860,390775,277768,096781,372794,150764,916776,898803,638761,425713,467677,840651,789646,276625,804626,347575,511589,415579,840558,2840000
       Short-term Debt 
0
0
0
0
21,600
41,637
17,637
17,412
49,112
29,435
38,947
41,458
49,858
32,870
60,075
78,365
26,841
45,211
39,881
29,902
34,971
54,979
56,988
4,997
3,877
0
0
34,421
50,930
21,129
19,097
22,401
23,337
0
78,000
0
67,000
50,000
70,000
80,000
95,000
95,00080,00070,00050,00067,000078,000023,33722,40119,09721,12950,93034,421003,8774,99756,98854,97934,97129,90239,88145,21126,84178,36560,07532,87049,85841,45838,94729,43549,11217,41217,63741,63721,6000000
       Short Long Term Debt 
0
0
0
0
21,600
0
0
0
49,112
29,435
38,947
41,458
35,000
32,870
60,075
78,365
12,000
30,350
10,000
4,962
34,971
54,979
56,988
4,997
11,498
0
0
0
0
0
0
0
0
0
78,000
0
108,500
50,000
70,000
80,000
0
080,00070,00050,000108,500078,00000000000011,4984,99756,98854,97934,9714,96210,00030,35012,00078,36560,07532,87035,00041,45838,94729,43549,11200021,6000000
       Accounts payable 
508,554
0
0
0
536,934
538,203
571,778
558,099
577,235
596,369
607,329
610,331
627,982
680,597
701,350
725,273
750,057
719,705
754,269
751,470
768,096
775,277
803,402
897,280
849,905
893,532
1,120,485
1,168,234
1,237,428
1,285,224
1,321,789
1,361,119
1,459,895
1,522,269
1,439,872
1,471,509
1,279,582
0
0
0
0
00001,279,5821,471,5091,439,8721,522,2691,459,8951,361,1191,321,7891,285,2241,237,4281,168,2341,120,485893,532849,905897,280803,402775,277768,096751,470754,269719,705750,057725,273701,350680,597627,982610,331607,329596,369577,235558,099571,778538,203536,934000508,554
       Other Current Liabilities 
0
0
0
0
536,684
538,203
571,778
558,099
577,235
596,369
607,329
610,331
627,982
680,597
701,350
725,273
750,057
719,705
754,269
751,470
768,096
775,277
803,402
0
0
0
0
34,421
0
21,129
19,097
0
0
0
0
0
0
-50,000
-70,000
-80,000
308,769
308,769-80,000-70,000-50,00000000019,09721,129034,4210000803,402775,277768,096751,470754,269719,705750,057725,273701,350680,597627,982610,331607,329596,369577,235558,099571,778538,203536,6840000
   > Long-term Liabilities 
0
0
0
0
39,237
41,637
17,637
17,412
57,423
29,435
38,947
41,458
49,858
32,870
60,075
78,365
26,841
45,211
39,881
29,902
68,022
83,861
85,864
33,864
28,875
129,565
46,555
78,012
17,988
17,963
17,938
17,913
17,887
17,861
95,835
0
1,502,706
50,000
13,990
13,929
1,044,638
1,044,63813,92913,99050,0001,502,706095,83517,86117,88717,91317,93817,96317,98878,01246,555129,56528,87533,86485,86483,86168,02229,90239,88145,21126,84178,36560,07532,87049,85841,45838,94729,43557,42317,41217,63741,63739,2370000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
68,022
79,942
81,963
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000081,96379,94268,02200000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
-21,600
-41,637
-17,637
-17,412
-49,112
-29,435
-38,947
-41,458
-49,858
-32,870
-60,075
-78,365
-26,841
-45,211
-39,881
-29,902
-34,971
-51,060
-53,087
-1,116
0
4,555
4,534
-29,909
-46,442
-16,666
-14,659
-17,988
-18,950
4,361
-73,665
4,308
-62,718
-45,745
-65,773
-75,801
-95,000
-95,000-75,801-65,773-45,745-62,7184,308-73,6654,361-18,950-17,988-14,659-16,666-46,442-29,9094,5344,5550-1,116-53,087-51,060-34,971-29,902-39,881-45,211-26,841-78,365-60,075-32,870-49,858-41,458-38,947-29,435-49,112-17,412-17,637-41,637-21,6000000
       Long-term Liabilities Other 
0
0
0
0
0
5,519
39,273
6,587
0
7,293
7,218
8,070
8,554
8,239
7,715
8,887
9,590
8,926
11,302
11,663
12,377
15,028
14,047
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000014,04715,02812,37711,66311,3028,9269,5908,8877,7158,2398,5548,0707,2187,29306,58739,2735,51900000
> Total Stockholder Equity
69,827
0
0
0
75,791
77,053
77,563
117,014
101,406
103,475
106,931
108,343
109,149
111,235
114,002
116,054
115,777
117,330
119,988
122,136
125,584
128,272
131,763
135,851
230,933
232,658
236,322
239,431
235,856
234,142
231,608
231,261
233,782
236,545
239,909
203,978
203,978
211,452
215,072
217,580
221,902
221,902217,580215,072211,452203,978203,978239,909236,545233,782231,261231,608234,142235,856239,431236,322232,658230,933135,851131,763128,272125,584122,136119,988117,330115,777116,054114,002111,235109,149108,343106,931103,475101,406117,01477,56377,05375,79100069,827
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
195
195
195
195
191
186
182
179
179
178
177
177
177
177
177
177
177
177177177177177177177178179179182186191195195195195000000000000000000000000
   Retained Earnings 
52,407
0
0
0
55,959
56,927
58,116
58,477
59,890
61,377
62,740
64,501
66,229
68,031
69,632
72,403
74,144
76,069
78,459
80,516
83,351
85,569
88,100
91,609
94,160
95,390
98,057
100,675
104,508
108,273
110,752
115,163
118,087
122,939
127,890
91,915
91,915
97,432
100,894
103,361
106,285
106,285103,361100,89497,43291,91591,915127,890122,939118,087115,163110,752108,273104,508100,67598,05795,39094,16091,60988,10085,56983,35180,51678,45976,06974,14472,40369,63268,03166,22964,50162,74061,37759,89058,47758,11656,92755,95900052,407
   Capital Surplus 
0
0
0
0
0
275
275
43,128
0
43,177
43,202
43,237
43,393
43,679
43,976
44,274
44,592
44,923
45,250
45,572
45,895
46,236
46,567
46,911
146,174
146,500
146,778
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000146,778146,500146,17446,91146,56746,23645,89545,57245,25044,92344,59244,27443,97643,67943,39343,23743,20243,177043,12827527500000
   Treasury Stock00000000000000000-788-788-788-788-573-594-594-594-492-383-222-3,095-3,154-3,214-3,274-3,333-3,4520000000
   Other Stockholders Equity 
0
0
0
0
275
275
275
39,676
39,826
39,903
39,988
40,083
40,298
40,421
40,617
40,865
41,141
41,531
41,918
42,320
42,488
42,889
43,279
43,683
136,121
136,632
137,068
137,502
130,099
124,810
119,675
114,986
114,867
114,053
113,498
-10,526
114,320
115,412
115,892
116,435
116,936
116,936116,435115,892115,412114,320-10,526113,498114,053114,867114,986119,675124,810130,099137,502137,068136,632136,12143,68343,27942,88942,48842,32041,91841,53141,14140,86540,61740,42140,29840,08339,98839,90339,82639,6762752752750000



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue97,358
Cost of Revenue-0
Gross Profit97,35897,358
 
Operating Income (+$)
Gross Profit97,358
Operating Expense-15,571
Operating Income081,787
 
Operating Expense (+$)
Research Development0
Selling General Administrative38,894
Selling And Marketing Expenses0
Operating Expense15,57138,894
 
Net Interest Income (+$)
Interest Income87,749
Interest Expense-1,537
Other Finance Cost-22,861
Net Interest Income63,351
 
Pretax Income (+$)
Operating Income0
Net Interest Income63,351
Other Non-Operating Income Expenses0
Income Before Tax (EBT)14,777-14,777
EBIT - interestExpense = -1,537
14,777
12,491
Interest Expense1,537
Earnings Before Interest and Taxes (EBIT)016,314
Earnings Before Interest and Taxes (EBITDA)2,005
 
After tax Income (+$)
Income Before Tax14,777
Tax Provision-4,507
Net Income From Continuing Ops10,72710,270
Net Income10,954
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses82,581
Total Other Income/Expenses Net14,777-63,351
 

Technical Analysis of Provident Bancorp Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Provident Bancorp Inc. The general trend of Provident Bancorp Inc is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Provident Bancorp Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Provident Bancorp Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 9.04 < 9.05 < 9.12.

The bearish price targets are: 8.51 > 8.49 > 7.8.

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Provident Bancorp Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Provident Bancorp Inc. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Provident Bancorp Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Provident Bancorp Inc. The current macd is -0.35666677.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Provident Bancorp Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Provident Bancorp Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Provident Bancorp Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Provident Bancorp Inc Daily Moving Average Convergence/Divergence (MACD) ChartProvident Bancorp Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Provident Bancorp Inc. The current adx is 46.43.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Provident Bancorp Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Provident Bancorp Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Provident Bancorp Inc. The current sar is 9.27036392.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Provident Bancorp Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Provident Bancorp Inc. The current rsi is 24.71. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Provident Bancorp Inc Daily Relative Strength Index (RSI) ChartProvident Bancorp Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Provident Bancorp Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Provident Bancorp Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Provident Bancorp Inc Daily Stochastic Oscillator ChartProvident Bancorp Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Provident Bancorp Inc. The current cci is -110.83942271.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Provident Bancorp Inc Daily Commodity Channel Index (CCI) ChartProvident Bancorp Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Provident Bancorp Inc. The current cmo is -63.88083507.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Provident Bancorp Inc Daily Chande Momentum Oscillator (CMO) ChartProvident Bancorp Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Provident Bancorp Inc. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Provident Bancorp Inc Daily Williams %R ChartProvident Bancorp Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Provident Bancorp Inc.

Provident Bancorp Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Provident Bancorp Inc. The current atr is 0.29854277.

Provident Bancorp Inc Daily Average True Range (ATR) ChartProvident Bancorp Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Provident Bancorp Inc. The current obv is -1,790,656.

Provident Bancorp Inc Daily On-Balance Volume (OBV) ChartProvident Bancorp Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Provident Bancorp Inc. The current mfi is 8.32738256.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Provident Bancorp Inc Daily Money Flow Index (MFI) ChartProvident Bancorp Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Provident Bancorp Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-25BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Provident Bancorp Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Provident Bancorp Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.714
Ma 20Greater thanMa 509.343
Ma 50Greater thanMa 1009.944
Ma 100Greater thanMa 2009.924
OpenGreater thanClose8.860
Total3/5 (60.0%)
Penke

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