RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of APLE
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Weaker technical forecast for Apple Hospitality REIT Inc as stock downgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Apple Hospitality REIT Inc stock price fell by -0.85% on the last day (Thursday, 28th Mar 2024) from $16.52 to $16.38. During the last trading day the stock fluctuated 2.25% from a day low at $16.23 to a day high of $16.60. The price has been going up and down for this period, and there has been a 0.49% gain for the last 2 weeks. Volume has increased on the last day by 562 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $31.12 million.

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 Apple Hospitality REIT Inc stock with a 90% probability to be traded between $15.45 and $16.70 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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APLE Signals & Forecast

The Apple Hospitality REIT Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $16.45. On a fall, the stock will find some support from the long-term average at approximately $16.30. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell 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 Friday, March 08, 2024, and so far it has fallen -2.90%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Apple Hospitality REIT Inc stock

Apple Hospitality REIT Inc finds support from accumulated volume at $16.18 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 $0.365 between high and low, or 2.25%. For the last week the stock has had daily average volatility of 1.75%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Monday, 1st we expect Apple Hospitality REIT Inc to open at $16.40, and during the day (based on 14 day Average True Range), to move between $16.07 and $16.69, which gives a possible trading interval of +/-$0.310 (+/-1.89%) up or down from last closing price. If Apple Hospitality REIT Inc takes out the full calculated possible swing range there will be an estimated 3.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $16.46 (0.49%) than the support at $16.18 (1.22%), 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 Apple Hospitality REIT Inc stock A Buy?

Apple Hospitality REIT Inc holds several negative signals and is within a 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.308 Sell Candidate Downgraded

Predicted Opening Price for Apple Hospitality REIT Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$16.40 ( 0.132%) $16.38

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

Trading levels for APLE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.77 2.36 %
R2 16.63 1.51 %
R1 16.54 0.98 %
Current price: 16.38
Support S1 16.26 -0.719 %
S2 16.18 -1.24 %
S3 16.04 -2.10 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 16.86 2.93 %
R2 16.52 0.85 %
R1 16.46 0.488 %
Current price 16.38
Support S1 16.18 -1.22%
S2 16.16 -1.34%
S3 16.06 -1.95%

APLE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 27, 2024 Apr 15, 2024 $0.0800 0.488%
2 Feb 16, 2024 Feb 28, 2024 Mar 15, 2024 $0.0800 0.494%
3 Jan 19, 2024 Jan 30, 2024 Feb 15, 2024 $0.0800 0.495%
4 Dec 28, 2023 Dec 28, 2023 Jan 16, 2024 $0.0500 0.307%
5 Nov 29, 2023 Nov 29, 2023 Dec 15, 2023 $0.0800 0.467%

FAQ

What is the symbol for Apple Hospitality REIT Inc Stock and on which exchange is it traded?
The symbol for Apple Hospitality REIT Inc is APLE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Apple Hospitality REIT Inc Stock?
Apple Hospitality REIT Inc holds several negative signals and is within a 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Apple Hospitality REIT Inc Stock?
Apple Hospitality REIT Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Apple Hospitality REIT Inc Stock.

What's the current price of Apple Hospitality REIT Inc Stock?
As of the end of day on the 2024-03-28, the price of an Apple Hospitality REIT Inc (APLE) share was $16.38.

What is the 52-week high and low for Apple Hospitality REIT Inc Stock?
The 52-week high for Apple Hospitality REIT Inc Stock is $17.90 and the 52-week low is $14.22.

What is the market capitalization of Apple Hospitality REIT Inc Stock?
As of the 2024-03-28, the market capitalization of Apple Hospitality REIT Inc is 3.956B.

When is the next earnings date for Apple Hospitality REIT Inc?
The upcoming earnings date for Apple Hospitality REIT Inc is May 06, 2024.
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About Apple Hospitality REIT Inc

Apple Hospitality REIT Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (“REIT”) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 235 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. Concentrated with industry-leading brands, the Company's portfolio consists of 104 Marriott-branded hote... APLE Profile

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