RAIT Financial Trust Fund Forecast

RAIT Financial Trust fund price ended at $0.156 on Friday, after losing 0%.
(Updated on May 18, 2018)

RAS Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 11, 2018, and so far it has fallen 0%. Further rise is indicated 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. The RAIT Financial Trust fund holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.158 and $0.181. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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.

Support, Risk & Stop-loss for RAIT Financial Trust fund

There is no support from accumulated volume below today's level and given the right condition the fund may perform very badly in the next couple of days.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

RAIT Financial Trust is oversold on RSI14 (13). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (RAS) For The Upcoming Trading Day Of Monday 21st

For the upcoming trading day on Monday, 21st we expect RAIT Financial Trust to open at $0.156, and during the day (based on 14 day Average True Range), to move between $0.143 and $0.169, which gives a possible trading interval of +/-$0.0130 (+/-8.33%) up or down from last closing price. If RAIT Financial Trust takes out the full calculated possible swing range there will be an estimated 16.66% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.172, some $0.0162 (10.38%) from the current price of $0.156, our system finds the risk reward not very attractive.

Is RAIT Financial Trust fund A Buy?

RAIT Financial Trust holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this fund.

Current score: -2.050 Sell Candidate Unchanged

Predicted Opening Price for RAIT Financial Trust of Monday, May 21, 2018

The predicted opening price is based on yesterday's movements between high, low, and closing price.