Arbor Realty Trust, Inc. Stock Forecast
Arbor Realty Trust, Inc. stock upgraded to Buy Candidate.
(Updated on Jul 02, 2024)
The Arbor Realty Trust, Inc. stock price fell by -0.151% on the last day (Tuesday, 2nd Jul 2024) from $19.89 to $19.86. During the last trading day the stock fluctuated 1.26% from a day low at $19.86 to a day high of $20.11. The price has risen in 6 of the last 10 days and is up by 0.4% 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 -5 thousand shares and in total, 8 thousand shares were bought and sold for approximately $164.70 thousand.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Arbor Realty Trust, Inc. stock with a 90% probability to be traded between $19.35 and $20.33 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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ABR-PF Signals & Forecast
The Arbor Realty Trust, 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 $19.80 and $19.85. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has risen 2.42%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 Arbor Realty Trust, Inc. stock
Arbor Realty Trust, Inc. finds support from accumulated volume at $19.78 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 therefore the general risk is considered very 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 $0.250 between high and low, or 1.26%. For the last week the stock has had daily average volatility of 2.42%
Our recommended stop-loss: $18.68 (-5.93%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 21 days ago.)
Trading Expectations (ABR-PF) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Arbor Realty Trust, Inc. to open at $19.94, and during the day (based on 14 day Average True Range), to move between $19.52 and $20.20, which gives a possible trading interval of +/-$0.341 (+/-1.72%) up or down from last closing price. If Arbor Realty Trust, Inc. takes out the full calculated possible swing range there will be an estimated 3.43% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $19.91 (0.25%) than the support at $19.78 (0.40%), 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 Arbor Realty Trust, Inc. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Arbor Realty Trust, Inc. stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.259 Buy Candidate Upgraded
Predicted Opening Price for Arbor Realty Trust, Inc. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $19.94 ( 0.419%) | $19.86 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ABR-PF
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20.19 | 1.68% |
| R2 | 20.10 | 1.20% |
| R1 | 20.04 | 0.90% |
| Price | 19.86 | |
| S1 | 19.85 | -0.0612% |
| S2 | 19.79 | -0.358% |
| S3 | 19.69 | -0.84% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20.40 | 2.72% |
| R2 | 19.95 | 0.453% |
| R1 | 19.91 | 0.252% |
| Price | 19.86 | |
| S1 | 19.78 | -0.403% |
| S2 | 19.53 | -1.66% |
| S3 | 19.39 | -2.37% |
ABR-PF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 12, 2024 | Apr 12, 2024 | Apr 30, 2024 | $0.391 | 2.05% |
| 2 | Jan 11, 2024 | Jan 11, 2024 | Jan 11, 2024 | $0.391 | 2.09% |
| 3 | Oct 12, 2023 | Oct 12, 2023 | Oct 30, 2023 | $0.391 | 2.24% |
| 4 | Jul 13, 2023 | Jul 13, 2023 | Jul 13, 2023 | $0.391 | 1.93% |
| 5 | Apr 13, 2023 | Apr 13, 2023 | Apr 13, 2023 | $0.391 | 2.19% |
FAQ
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