Acadia Realty Trust Stock Forecast
Red day on Monday for Acadia Realty Trust
(Updated on May 06, 2024)
The Acadia Realty Trust stock price fell by -0.177% on the last day (Monday, 6th May 2024) from $16.92 to $16.89. During the last trading day the stock fluctuated 1.76% from a day low at $16.80 to a day high of $17.09. The price has fallen in 7 of the last 10 days and is down by -3.04% for this period. 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 -307 thousand shares and in total, 363 thousand shares were bought and sold for approximately $6.13 million.
The stock lies in the middle of a weak 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 3.23% during the next 3 months and, with a 90% probability hold a price between $16.94 and $18.31 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
AKR Signals & Forecast
The Acadia Realty Trust stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $17.20. On a fall, the stock will find some support from the long-term average at approximately $16.89. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Tuesday, April 23, 2024, and so far it has fallen -4.36%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Friday, April 05, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Friday, April 05, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
A buy signal from a double bottom formation was found on Tuesday, March 26, 2024 and based on theory for this formation the price should go up by 5.18% to $17.76 within 7 trading days since signal was issued (Tuesday, May 07, 2024).
Support, Risk & Stop-loss for Acadia Realty Trust stock
Acadia Realty Trust finds support from accumulated volume at $16.61 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.295 between high and low, or 1.76%. For the last week the stock has had daily average volatility of 3.16%.
Our recommended stop-loss: $16.07 (-4.88%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 9 days ago.)
Trading Expectations (AKR) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Acadia Realty Trust to open at $16.93, and during the day (based on 14 day Average True Range), to move between $16.45 and $17.33, which gives a possible trading interval of +/-$0.437 (+/-2.59%) up or down from last closing price. If Acadia Realty Trust takes out the full calculated possible swing range there will be an estimated 5.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $17.00 (0.65%) than the support at $16.61 (1.66%), 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 Acadia Realty Trust stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Acadia Realty Trust stock to perform well in the short-term.
Current score: 3.105 Buy Candidate Unchanged
Predicted Opening Price for Acadia Realty Trust of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| $16.93 ( 0.207%) | $16.89 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AKR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 17.22 | 1.95 % | |
| R2 | 17.11 | 1.29 % | ||
| R1 | 17.04 | 0.87 % | ||
| Current price: | 16.89 | |||
| Support | S1 | 16.81 | -0.460 % | |
| S2 | 16.74 | -0.87 % | ||
| S3 | 16.63 | -1.54 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 17.23 | 2.01 % | |
| R2 | 17.10 | 1.24 % | ||
| R1 | 17.00 | 0.651 % | ||
| Current price | 16.89 | |||
| Support | S1 | 16.61 | -1.66% | |
| S2 | 16.56 | -1.95% | ||
| S3 | 16.51 | -2.25% |
AKR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 01, 2024 | Jun 28, 2024 | Jul 15, 2024 | $0.180 | 1.07% |
| 2 | Feb 28, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.180 | 1.04% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Jan 12, 2024 | $0.180 | 1.05% |
| 4 | Aug 09, 2023 | Sep 28, 2023 | Oct 13, 2023 | $0.180 | 1.29% |
| 5 | May 03, 2023 | Jun 29, 2023 | Jul 14, 2023 | $0.180 | 1.20% |
FAQ
Click here for our free guide on how to buy Acadia Realty Trust Stock.
