RSI low/high Values: [ 25 - 75 ]
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AI Analysis of AMH
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American Homes 4 Rent stock price up 1.46% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 1.46% PDF

The American Homes 4 Rent stock price gained 1.46% on the last trading day (Thursday, 28th Mar 2024), rising from $36.25 to $36.78. During the last trading day the stock fluctuated 1.76% from a day low at $36.31 to a day high of $36.95. The price has been going up and down for this period, and there has been a 1.27% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 388 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $71.90 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.68% during the next 3 months and, with a 90% probability hold a price between $35.44 and $38.56 at the end of this 3-month period.

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AMH Signals & Forecast

The American Homes 4 Rent 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 $36.26 and $35.87. 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 Monday, March 04, 2024, and so far it has fallen -1.29%. 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 American Homes 4 Rent stock

American Homes 4 Rent finds support from accumulated volume at $36.19 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 $0.640 between high and low, or 1.76%. For the last week the stock has had daily average volatility of 1.55%.

Our recommended stop-loss: $35.28 (-4.07%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)

Trading Expectations (AMH) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect American Homes 4 Rent to open at $36.68, and during the day (based on 14 day Average True Range), to move between $36.17 and $37.39, which gives a possible trading interval of +/-$0.608 (+/-1.65%) up or down from last closing price. If American Homes 4 Rent takes out the full calculated possible swing range there will be an estimated 3.30% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $36.79 (0.03%) than the support at $36.19 (1.60%), 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 American Homes 4 Rent stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Homes 4 Rent stock to perform well in the short-term.

Current score: 2.599 Buy Candidate Unchanged

Predicted Opening Price for American Homes 4 Rent of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$36.68 ( 0.272%) $36.78

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AMH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 37.32 1.47 %
R2 37.08 0.80 %
R1 36.92 0.393 %
Current price: 36.78
Support S1 36.44 -0.94 %
S2 36.28 -1.35 %
S3 36.04 -2.01 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 37.01 0.625 %
R2 36.85 0.190 %
R1 36.79 0.0272 %
Current price 36.78
Support S1 36.19 -1.60%
S2 36.17 -1.66%
S3 35.24 -4.19%

AMH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Mar 14, 2024 Mar 28, 2024 $0.260 0.707%
2 Oct 30, 2023 Dec 14, 2023 Dec 29, 2023 $0.220 0.612%
3 Aug 01, 2023 Sep 14, 2023 Sep 29, 2023 $0.220 0.653%
4 May 09, 2023 Jun 14, 2023 Jun 30, 2023 $0.220 0.621%
5 Feb 10, 2023 Mar 14, 2023 Mar 31, 2023 $0.220 0.700%

FAQ

What is the symbol for American Homes 4 Rent Stock and on which exchange is it traded?
The symbol for American Homes 4 Rent is AMH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell American Homes 4 Rent Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Homes 4 Rent stock to perform well in the short-term.

How to buy American Homes 4 Rent Stock?
American Homes 4 Rent Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy American Homes 4 Rent Stock.

What's the current price of American Homes 4 Rent Stock?
As of the end of day on the 2024-03-28, the price of an American Homes 4 Rent (AMH) share was $36.78.

What is the 52-week high and low for American Homes 4 Rent Stock?
The 52-week high for American Homes 4 Rent Stock is $37.97 and the 52-week low is $29.85.

What is the market capitalization of American Homes 4 Rent Stock?
As of the 2024-03-28, the market capitalization of American Homes 4 Rent is 13.443B.

When is the next earnings date for American Homes 4 Rent?
The upcoming earnings date for American Homes 4 Rent is May 02, 2024.
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About American Homes 4 Rent

American Homes 4 Rent American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of Sep... AMH Profile

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