Ashford Hospitality Trust Inc 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
Ashford Hospitality Trust Inc stock price down 0% on Friday
(Updated on May 03, 2024)
No changes to the price of Ashford Hospitality Trust Inc stock on the last trading day (Friday, 3rd May 2024). During the last trading day the stock fluctuated 5.42% from a day low at $1.20 to a day high of $1.27. The price has been going up and down for this period, and there has been a -5.34% loss for the last 2 weeks.
The stock lies in the middle of a very 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 -22.91% during the next 3 months and, with a 90% probability hold a price between $0.88 and $1.22 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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AHT Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 5.98%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ashford Hospitality Trust Inc 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 $1.31. On a fall, the stock will find some support from the short-term average at $1.21. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Ashford Hospitality Trust Inc stock
Ashford Hospitality Trust Inc finds support from accumulated volume at $1.22 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0650 between high and low, or 5.42%. For the last week, the stock has had daily average volatility of 4.75%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AHT) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Ashford Hospitality Trust Inc to open at $1.24, and during the day (based on 14 day Average True Range), to move between $1.17 and $1.31, which gives a possible trading interval of +/-$0.0726 (+/-5.85%) up or down from last closing price. If Ashford Hospitality Trust Inc takes out the full calculated possible swing range there will be an estimated 11.70% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $1.22 (1.61%) than the resistance at $1.31 (5.65%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Ashford Hospitality Trust Inc will release earnings AMC on Tuesday, May 07, 2024.The consensus among the analysts for the expected earnings (EPS) is -$0.0400. We will update the financials statements for Ashford Hospitality Trust Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 7.48% in the first trading day after earnings release.
Is Ashford Hospitality Trust Inc stock A Buy?
Ashford Hospitality Trust Inc 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.
Current score: -2.472 Sell Candidate Unchanged
Predicted Opening Price for Ashford Hospitality Trust Inc of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $1.24 ( 0.403%) | $1.24 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AHT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.30 | 4.84 % | |
| R2 | 1.28 | 2.84 % | ||
| R1 | 1.26 | 1.60 % | ||
| Current price: | 1.24 | |||
| Support | S1 | 1.21 | -2.41 % | |
| S2 | 1.19 | -3.64 % | ||
| S3 | 1.17 | -5.65 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.38 | 11.29 % | |
| R2 | 1.32 | 6.45 % | ||
| R1 | 1.31 | 5.65 % | ||
| Current price | 1.24 | |||
| Support | S1 | 1.22 | -1.61% | |
| S2 | 1.18 | -4.84% | ||
| S3 | 1.17 | -5.65% |
AHT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 05, 2019 | Dec 30, 2019 | Jul 16, 2020 | $6.00 | 10.77% |
| 2 | Sep 12, 2019 | Sep 27, 2019 | Oct 15, 2019 | $5.93 | 2.14% |
| 3 | Jun 14, 2019 | Jun 27, 2019 | Jul 15, 2019 | $5.93 | 2.37% |
| 4 | Mar 13, 2019 | Mar 28, 2019 | Apr 15, 2019 | $11.86 | 2.33% |
| 5 | Dec 10, 2018 | Dec 28, 2018 | Jan 15, 2019 | $11.86 | 2.59% |
FAQ
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