RSI low/high Values: [ 20 - 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 ARR
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Green day on Thursday for ARMOUR Residential stock after gaining 0.82%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 2.75% PDF

The ARMOUR Residential stock price gained 0.82% on the last trading day (Thursday, 28th Mar 2024), rising from $19.61 to $19.77. During the last trading day the stock fluctuated 1.38% from a day low at $19.54 to a day high of $19.81. The price has risen in 6 of the last 10 days and is up by 5.61% over the past 2 weeks. Volume fell on the last day by -248 thousand shares and in total, 909 thousand shares were bought and sold for approximately $17.97 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect ARMOUR Residential stock with a 90% probability to be traded between $18.23 and $20.23 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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ARR Signals & Forecast

The ARMOUR Residential 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 $19.37 and $19.16. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 5.78%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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).

Support, Risk & Stop-loss for ARMOUR Residential stock

ARMOUR Residential finds support from accumulated volume at $19.32 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 $0.270 between high and low, or 1.38%. For the last week the stock has had daily average volatility of 1.98%.

Our recommended stop-loss: $18.97 (-4.03%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

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

For the upcoming trading day on Monday, 1st we expect ARMOUR Residential REIT Inc to open at $19.71, and during the day (based on 14 day Average True Range), to move between $19.33 and $20.21, which gives a possible trading interval of +/-$0.436 (+/-2.21%) up or down from last closing price. If ARMOUR Residential REIT Inc takes out the full calculated possible swing range there will be an estimated 4.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $19.83 (0.30%) than the support at $19.32 (2.28%), 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 ARMOUR Residential REIT 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 ARMOUR Residential stock to perform well in the short-term period.

Current score: 1.634 Buy Candidate Unchanged

Predicted Opening Price for ARMOUR Residential REIT Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$19.71 ( 0.320%) $19.77

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

Trading levels for ARR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.98 1.05 %
R2 19.87 0.524 %
R1 19.81 0.201 %
Current price: 19.77
Support S1 19.60 -0.84 %
S2 19.54 -1.16 %
S3 19.44 -1.69 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 19.90 0.658 %
R2 19.86 0.455 %
R1 19.83 0.303 %
Current price 19.77
Support S1 19.32 -2.28%
S2 18.80 -4.91%
S3 18.49 -6.47%

ARR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 12, 2024 Apr 12, 2024 Apr 29, 2024 $0.240 1.21%
2 Mar 14, 2024 Mar 14, 2024 Mar 28, 2024 $0.240 1.21%
3 Feb 01, 2024 Feb 14, 2024 Feb 28, 2024 $0.240 1.26%
4 Dec 14, 2023 Jan 12, 2024 Jan 30, 2024 $0.240 1.23%
5 Oct 04, 2023 Dec 14, 2023 Dec 28, 2023 $0.400 2.02%

FAQ

What is the symbol for ARMOUR Residential Stock and on which exchange is it traded?
The symbol for ARMOUR Residential is ARR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell ARMOUR Residential Stock?
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 ARMOUR Residential stock to perform well in the short-term period.

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

What's the current price of ARMOUR Residential Stock?
As of the end of day on the 2024-03-28, the price of an ARMOUR Residential (ARR) share was $19.77.

What is the 52-week high and low for ARMOUR Residential Stock?
The 52-week high for ARMOUR Residential Stock is $21.16 and the 52-week low is $4.13.

What is the market capitalization of ARMOUR Residential Stock?
As of the 2024-03-28, the market capitalization of ARMOUR Residential is 968.639M.

When is the next earnings date for ARMOUR Residential?
The upcoming earnings date for ARMOUR Residential is Apr 24, 2024.
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About ARMOUR Residential REIT Inc

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the Unit... ARR Profile

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