Could Great Southern Bancorp, Inc. (GSBC) See a Reversal After Having Formed Several Months Bearish Multiple Bottom Chart Pattern

February 15, 2018 - By Jacob Falcon

Investors sentiment increased to 1.47 in Q3 2017. Its up 0.42, from 1.05 in 2017Q2. It improved, as 3 investors sold Great Southern Bancorp, Inc. shares while 27 reduced holdings. 10 funds opened positions while 34 raised stakes. 5.60 million shares or 1.31% more from 5.53 million shares in 2017Q2 were reported.
Northern Trust Corp has 0% invested in Great Southern Bancorp, Inc. (NASDAQ:GSBC). Credit Suisse Ag holds 20,993 shares or 0% of its portfolio. Vanguard Group Inc owns 0% invested in Great Southern Bancorp, Inc. (NASDAQ:GSBC) for 549,025 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Great Southern Bancorp, Inc. (NASDAQ:GSBC) for 465 shares. Us National Bank & Trust De reported 18,006 shares. Dimensional Fund Advsr Limited Partnership holds 0.02% or 644,928 shares in its portfolio. Kennedy Mgmt Incorporated reported 142,267 shares. Ny State Teachers Retirement System invested 0% in Great Southern Bancorp, Inc. (NASDAQ:GSBC). Denali Advsr Limited Company has 0% invested in Great Southern Bancorp, Inc. (NASDAQ:GSBC) for 136 shares. Hm Llc reported 0.3% in Great Southern Bancorp, Inc. (NASDAQ:GSBC). Lpl Ltd Liability Co holds 0% or 4,653 shares. Voya Investment Mgmt Limited Liability Company invested in 0% or 7,844 shares. State Board Of Administration Of Florida Retirement System has 7,194 shares for 0% of their portfolio. 231,249 were reported by Walthausen & Com Ltd Liability. Wellington Mngmt Group Llp invested in 0% or 99,664 shares.

Since October 24, 2017, it had 1 insider buy, and 2 insider sales for $219,765 activity. Another trade for 2,000 shares valued at $103,160 was made by Pitt Douglas M on Monday, January 29. $288,750 worth of Great Southern Bancorp, Inc. (NASDAQ:GSBC) was sold by COPELAND REX A.

The stock of Great Southern Bancorp, Inc. (GSBC) shows a multiple bottoms pattern with $45.18 target or 9.00 % below today’s $49.65 share price. The 8 months chart pattern indicates high risk for the $699.44M company. It was reported on Feb, 15 by Finviz.com. If the $45.18 price target is reached, the company will be worth $62.95M less.
Multiple bottoms are very good trading chart patterns. These patterns have a low break even failure rate and decent average rise in a bull market, giving them a solid performance rank. Back-tests of such patterns show that the break even failure rate is 4%, the average rise: 37%, the throwback rate: 64% and the percentage of stocks meeting their price targets: 64%.

The stock increased 0.61% or $0.3 during the last trading session, reaching $49.65. About 12,112 shares traded. Great Southern Bancorp, Inc. (NASDAQ:GSBC) has risen 27.56% since February 15, 2017 and is uptrending. It has outperformed by 10.86% the S&P500.

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Ratings Coverage

Among 4 analysts covering Great Southern Bancorp (NASDAQ:GSBC), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Great Southern Bancorp has $56.0 highest and $45.50 lowest target. $52’s average target is 4.73% above currents $49.65 stock price. Great Southern Bancorp had 8 analyst reports since October 23, 2015 according to SRatingsIntel. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. The firm has “Hold” rating given on Friday, October 6 by Sandler O’Neill. The rating was downgraded by FIG Partners on Friday, September 9 to “Market Perform”. Keefe Bruyette & Woods maintained Great Southern Bancorp, Inc. (NASDAQ:GSBC) on Thursday, July 20 with “Hold” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, October 3 report. As per Monday, May 2, the company rating was upgraded by FIG Partners.

More important recent Great Southern Bancorp, Inc. (NASDAQ:GSBC) news were published by: Seekingalpha.com which released: “Great Southern Bancorp’s (GSBC) CEO Joseph Turner on Q4 2017 Results …” on January 24, 2018, also Prnewswire.com published article titled: “Great Southern Bancorp, Inc. to Hold 29th Annual Meeting of Stockholders”, Reuters.com published: “BRIEF-Great Southern Bancorp Q4 Preliminary Earnings Per Share $0.86” on October 17, 2017. More interesting news about Great Southern Bancorp, Inc. (NASDAQ:GSBC) was released by: Nasdaq.com and their article: “Great Southern Bancorp, Inc. (GSBC) Ex-Dividend Date Scheduled for September …” with publication date: September 28, 2017.

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