ACRES Commercial Realty Corp. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Weaker technical forecast for ACRES Commercial Realty Corp. as stock downgraded to Sell Candidate.
(Updated on May 08, 2024)
The ACRES Commercial Realty Corp. stock price fell by -2.37% on the last day (Wednesday, 8th May 2024) from $13.92 to $13.59. During the last trading day the stock fluctuated 4.52% from a day low at $13.50 to a day high of $14.11. The price has risen in 6 of the last 10 days. 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 -20 thousand shares and in total, 22 thousand shares were bought and sold for approximately $298.37 thousand.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $13.30 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 41.55% during the next 3 months and, with a 90% probability hold a price between $18.83 and $22.41 at the end of this 3-month period.
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ACR Signals & Forecast
There are mixed signals in the stock today. The ACRES Commercial Realty Corp. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $13.68. On a fall, the stock will find some support from the short-term average at $13.47. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -4.50%. 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). 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 ACRES Commercial Realty Corp. stock
ACRES Commercial Realty Corp. finds support from accumulated volume at $13.36 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 $0.610 between high and low, or 4.52%. For the last week the stock has had daily average volatility of 4.37%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ACR) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect ACRES Commercial Realty Corp. to open at $13.73, and during the day (based on 14 day Average True Range), to move between $13.12 and $14.06, which gives a possible trading interval of +/-$0.474 (+/-3.49%) up or down from last closing price. If ACRES Commercial Realty Corp. takes out the full calculated possible swing range there will be an estimated 6.98% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $13.66 (0.52%) than the support at $13.36 (1.69%), 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 ACRES Commercial Realty Corp. stock A Buy?
ACRES Commercial Realty Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.
Current score: -4.837 Sell Candidate Downgraded
Predicted Opening Price for ACRES Commercial Realty Corp. of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| $13.73 ( 1.05%) | $13.59 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ACR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 14.34 | 5.54 % | |
| R2 | 14.11 | 3.83 % | ||
| R1 | 13.97 | 2.77 % | ||
| Current price: | 13.59 | |||
| Support | S1 | 13.50 | -0.660 % | |
| S2 | 13.36 | -1.72 % | ||
| S3 | 13.12 | -3.43 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 14.07 | 3.53 % | |
| R2 | 13.80 | 1.55 % | ||
| R1 | 13.66 | 0.515 % | ||
| Current price | 13.59 | |||
| Support | S1 | 13.36 | -1.69% | |
| S2 | 11.05 | -18.69% | ||
| S3 | 10.93 | -19.57% |
ACR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 11, 2019 | Dec 30, 2019 | Jan 28, 2020 | $0.83 | 2.27% |
| 2 | Sep 12, 2019 | Sep 27, 2019 | Oct 25, 2019 | $0.750 | 2.21% |
| 3 | Jun 12, 2019 | Jun 27, 2019 | Jul 26, 2019 | $0.675 | 2.08% |
| 4 | Mar 15, 2019 | Mar 28, 2019 | Apr 26, 2019 | $0.600 | 1.95% |
| 5 | Dec 12, 2018 | Dec 28, 2018 | Jan 25, 2019 | $0.525 | 1.84% |
FAQ
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