Arbor Realty Trust Stock Forecast
Green day on Wednesday for Arbor Realty Trust
(Updated on Apr 17, 2024)
The Arbor Realty Trust stock price gained 0.663% on the last trading day (Wednesday, 17th Apr 2024), rising from $12.07 to $12.15. During the last trading day the stock fluctuated 1.69% from a day low at $12.12 to a day high of $12.32. The price has fallen in 6 of the last 10 days and is down by -6.47% for this period. Volume fell on the last day by -2 million shares and in total, 2 million shares were bought and sold for approximately $29.56 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.50% during the next 3 months and, with a 90% probability hold a price between $10.46 and $12.28 at the end of this 3-month period.
ABR Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.663%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Arbor Realty Trust stock 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 $12.34 and $12.82. 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).
Support, Risk & Stop-loss for Arbor Realty Trust stock
Arbor Realty Trust finds support from accumulated volume at $12.12 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.205 between high and low, or 1.69%. For the last week, the stock has had daily average volatility of 2.40%.
Arbor Realty Trust is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ABR) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect Arbor Realty Trust to open at $12.20, and during the day (based on 14 day Average True Range), to move between $11.80 and $12.50, which gives a possible trading interval of +/-$0.346 (+/-2.85%) up or down from last closing price. If Arbor Realty Trust takes out the full calculated possible swing range there will be an estimated 5.70% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $12.12 (0.25%) than the resistance at $12.74 (4.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Arbor Realty Trust stock A Buy?
Arbor Realty Trust holds several negative signals and is within a 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 stock.
Current score: -2.778 Sell Candidate Unchanged
Predicted Opening Price for Arbor Realty Trust of Thursday, April 18, 2024
Fair opening price April 18, 2024 | Current price |
---|---|
$12.20 ( 0.370%) | $12.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ABR
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 12.40 | 2.06 % | |
R2 | 12.32 | 1.41 % | ||
R1 | 12.27 | 1.01 % | ||
Current price: | 12.15 | |||
Support | S1 | 12.12 | -0.274 % | |
S2 | 12.07 | -0.672 % | ||
S3 | 11.99 | -1.32 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 13.99 | 15.14 % | |
R2 | 12.85 | 5.76 % | ||
R1 | 12.74 | 4.86 % | ||
Current price | 12.15 | |||
Support | S1 | 12.12 | -0.247% | |
S2 | 12.07 | -0.658% | ||
S3 | 0 | . |
ABR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 16, 2024 | Mar 01, 2024 | Mar 15, 2024 | $0.430 | 3.32% |
2 | Nov 16, 2023 | Nov 16, 2023 | Nov 30, 2023 | $0.430 | 3.45% |
3 | Jul 28, 2023 | Aug 14, 2023 | Aug 31, 2023 | $0.430 | 2.69% |
4 | May 05, 2023 | May 18, 2023 | Aug 31, 2023 | $0.420 | 2.63% |
5 | Feb 17, 2023 | Mar 10, 2023 | Mar 17, 2023 | $0.400 | 3.57% |
FAQ
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