RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VNO
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Vornado Realty Trust stock upgraded from Hold/Accumulate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 5.58% PDF

The Vornado Realty Trust stock price gained 4.69% on the last trading day (Thursday, 28th Mar 2024), rising from $27.48 to $28.77. During the last trading day the stock fluctuated 3.26% from a day low at $27.90 to a day high of $28.81. The price has risen in 7 of the last 10 days and is up by 15.91% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $86.47 million.

Given the current short-term trend, the stock is expected to fall -5.05% during the next 3 months and, with a 90% probability hold a price between $22.72 and $27.32 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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VNO Signals & Forecast

Mostly positive signals in the chart today. The Vornado Realty Trust stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.64 and $26.18. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 16.43%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Vornado Realty Trust stock

On the downside, the stock finds support just below today's level from accumulated volume at $27.28 and $26.74. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Vornado Realty Trust finds support just below today's level at $27.28. If this is broken, then the next support from accumulated volume will be at $26.74 and $25.70.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.91 between high and low, or 3.26%. For the last week, the stock has had daily average volatility of 3.95%.

Our recommended stop-loss: $27.69 (-3.76%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (VNO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Vornado Realty Trust to open at $28.49, and during the day (based on 14 day Average True Range), to move between $27.65 and $29.89, which gives a possible trading interval of +/-$1.12 (+/-3.90%) up or down from last closing price. If Vornado Realty Trust takes out the full calculated possible swing range there will be an estimated 7.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $28.92 (0.52%) than the support at $27.28 (5.18%), 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.

Is Vornado Realty Trust stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.412 Buy Candidate Upgraded

Predicted Opening Price for Vornado Realty Trust of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$28.49 ( 0.96%) $28.77

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

Trading levels for VNO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.40 2.20 %
R2 29.06 0.99 %
R1 28.84 0.247 %
Current price: 28.77
Support S1 28.15 -2.17 %
S2 27.93 -2.92 %
S3 27.58 -4.12 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 29.14 1.29 %
R1 28.92 0.521 %
Current price 28.77
Support S1 27.28 -5.18%
S2 26.74 -7.06%
S3 25.70 -10.67%

VNO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 05, 2023 Dec 14, 2023 Dec 27, 2023 $0.300 1.03%
2 Jan 18, 2023 Jan 27, 2023 Feb 10, 2023 $0.375 1.62%
3 Oct 27, 2022 Nov 04, 2022 Nov 18, 2022 $0.530 2.21%
4 Jul 28, 2022 Aug 05, 2022 Aug 19, 2022 $0.530 1.83%
5 Apr 27, 2022 May 06, 2022 May 20, 2022 $0.530 1.58%

FAQ

What is the symbol for Vornado Realty Trust Stock and on which exchange is it traded?
The symbol for Vornado Realty Trust is VNO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Vornado Realty Trust Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Vornado Realty Trust Stock?
Vornado Realty Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Vornado Realty Trust Stock.

What's the current price of Vornado Realty Trust Stock?
As of the end of day on the 2024-03-28, the price of an Vornado Realty Trust (VNO) share was $28.77.

What is the 52-week high and low for Vornado Realty Trust Stock?
The 52-week high for Vornado Realty Trust Stock is $32.21 and the 52-week low is $12.31.

What is the market capitalization of Vornado Realty Trust Stock?
As of the 2024-03-28, the market capitalization of Vornado Realty Trust is 5.478B.

When is the next earnings date for Vornado Realty Trust?
The upcoming earnings date for Vornado Realty Trust is May 06, 2024.
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About Vornado Realty Trust

Vornado Realty Trust Vornado's portfolio is concentrated in the nation's key market — New York City — along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.... VNO Profile

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