One Liberty Properties Inc Stock Forecast
One Liberty Properties Inc stock price ended at $22.76 on Wednesday, after losing 0.0878%.
(Updated on Apr 24, 2024)
The One Liberty Properties Inc stock price fell by -0.0878% on the last day (Wednesday, 24th Apr 2024) from $22.78 to $22.76. During the last trading day the stock fluctuated 0.93% from a day low at $22.56 to a day high of $22.77. The price has risen in 6 of the last 10 days and is up by 3.31% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -23 thousand shares and in total, 29 thousand shares were bought and sold for approximately $670.28 thousand.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.59% during the next 3 months and, with a 90% probability hold a price between $24.28 and $27.25 at the end of this 3-month period.
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OLP Signals & Forecast
The One Liberty Properties Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $22.11 and $22.35. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -1.90%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for One Liberty Properties Inc stock
One Liberty Properties Inc finds support from accumulated volume at $22.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.210 between high and low, or 0.93%. For the last week the stock has had daily average volatility of 1.81%.
Our recommended stop-loss: $21.85 (-4.01%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 23 days ago.)
Trading Expectations (OLP) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect One Liberty Properties Inc to open at $22.70, and during the day (based on 14 day Average True Range), to move between $22.30 and $23.22, which gives a possible trading interval of +/-$0.457 (+/-2.01%) up or down from last closing price. If One Liberty Properties Inc takes out the full calculated possible swing range there will be an estimated 4.02% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $22.78 (0.09%) than the support at $22.03 (3.21%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Earnings coming up
One Liberty Properties Inc will release earnings BMO on Thursday, May 02, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.480. We will update the financials statements for One Liberty Properties Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.95% in the first trading day after earnings release.
Is One Liberty Properties Inc stock A Buy?
One Liberty Properties Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.557 Hold/Accumulate Unchanged
Predicted Opening Price for One Liberty Properties Inc of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| $22.70 ( 0.278%) | $22.76 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for OLP
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 22.91 | 0.644 % | |
| R2 | 22.83 | 0.292 % | ||
| R1 | 22.78 | 0.0742 % | ||
| Current price: | 22.76 | |||
| Support | S1 | 22.62 | -0.631 % | |
| S2 | 22.57 | -0.85 % | ||
| S3 | 22.49 | -1.20 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 22.98 | 0.97 % | |
| R2 | 22.93 | 0.747 % | ||
| R1 | 22.78 | 0.0879 % | ||
| Current price | 22.76 | |||
| Support | S1 | 22.03 | -3.21% | |
| S2 | 20.75 | -8.83% | ||
| S3 | 20.24 | -11.07% |
OLP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 04, 2024 | Mar 26, 2024 | Apr 04, 2024 | $0.450 | 2.01% |
| 2 | Dec 05, 2023 | Dec 19, 2023 | Jan 05, 2024 | $0.450 | 2.07% |
| 3 | Sep 20, 2023 | Oct 02, 2023 | Oct 11, 2023 | $0.450 | 2.37% |
| 4 | Jun 13, 2023 | Jun 23, 2023 | Jul 06, 2023 | $0.450 | 2.21% |
| 5 | Mar 13, 2023 | Mar 24, 2023 | Apr 04, 2023 | $0.450 | 2.02% |
FAQ
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