Ladder Capital Corp Stock Forecast
Ladder Capital Corp stock upgraded from Sell Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Mar 28, 2024)
The Ladder Capital Corp stock price gained 1.46% on the last trading day (Thursday, 28th Mar 2024), rising from $10.97 to $11.13. During the last trading day the stock fluctuated 1.55% from a day low at $10.96 to a day high of $11.13. The price has risen in 7 of the last 10 days and is up by 2.96% 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, 43 thousand more shares were traded than the day before. In total, 529 thousand shares were bought and sold for approximately $5.89 million.
The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $11.25 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -4.65% during the next 3 months and, with a 90% probability hold a price between $9.44 and $10.72 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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LADR Signals & Forecast
The Ladder Capital Corp 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 $11.09 and $10.79. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 -1.42%. 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).
Support, Risk & Stop-loss for Ladder Capital Corp stock
Ladder Capital Corp finds support from accumulated volume at $10.81 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 $0.170 between high and low, or 1.55%. For the last week the stock has had daily average volatility of 2.16%.
Our recommended stop-loss: $10.65 (-4.31%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (LADR) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ladder Capital Corp to open at $11.07, and during the day (based on 14 day Average True Range), to move between $10.91 and $11.35, which gives a possible trading interval of +/-$0.216 (+/-1.94%) up or down from last closing price. If Ladder Capital Corp takes out the full calculated possible swing range there will be an estimated 3.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $11.28 (1.35%) than the support at $10.81 (2.88%), 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 Ladder Capital Corp stock A Buy?
Ladder Capital Corp 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.868 Hold/Accumulate Upgraded
Predicted Opening Price for Ladder Capital Corp of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$11.07 ( 0.509%) | $11.13 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LADR
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 11.24 | 1.02 % | |
R2 | 11.18 | 0.435 % | ||
R1 | 11.14 | 0.0743 % | ||
Current price: | 11.13 | |||
Support | S1 | 11.01 | -1.09 % | |
S2 | 10.97 | -1.45 % | ||
S3 | 10.90 | -2.04 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 11.44 | 2.79 % | |
R2 | 11.37 | 2.16 % | ||
R1 | 11.28 | 1.35 % | ||
Current price | 11.13 | |||
Support | S1 | 10.81 | -2.88% | |
S2 | 10.67 | -4.13% | ||
S3 | 10.58 | -4.94% |
LADR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 15, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.230 | 2.07% |
2 | Dec 15, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.230 | 2.05% |
3 | Sep 15, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.230 | 2.31% |
4 | Jun 15, 2023 | Jun 29, 2023 | Jul 17, 2023 | $0.230 | 2.05% |
5 | Mar 15, 2023 | Mar 30, 2023 | Apr 17, 2023 | $0.230 | 2.47% |
FAQ
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