Brandywine Realty Trust Stock Forecast
Red day on Thursday for Brandywine Realty Trust
(Updated on Apr 18, 2024)
The Brandywine Realty Trust stock price fell by -0.703% on the last day (Thursday, 18th Apr 2024) from $4.27 to $4.24. During the last trading day the stock fluctuated 6.16% from a day low at $4.21 to a day high of $4.47. The price has fallen in 6 of the last 10 days and is down by -2.53% for this period. 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 -507 thousand shares and in total, 2 million shares were bought and sold for approximately $9.36 million.
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 -5.08% during the next 3 months and, with a 90% probability hold a price between $3.55 and $4.50 at the end of this 3-month period.
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BDN Signals & Forecast
There are few to no technical positive signals at the moment. The Brandywine Realty Trust stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $4.30 and $4.44. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -11.67%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Brandywine Realty Trust stock
Brandywine Realty Trust finds support from accumulated volume at $4.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.259 between high and low, or 6.16%. For the last week, the stock has had daily average volatility of 3.75%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BDN) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Brandywine Realty Trust to open at $4.31, and during the day (based on 14 day Average True Range), to move between $4.06 and $4.42, which gives a possible trading interval of +/-$0.179 (+/-4.21%) up or down from last closing price. If Brandywine Realty Trust takes out the full calculated possible swing range there will be an estimated 8.43% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $4.27 (0.71%) than the support at $4.18 (1.42%), 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 Brandywine Realty Trust stock A Buy?
Brandywine Realty Trust holds several negative signals and is within a very wide and 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.
Current score: -4.972 Sell Candidate Unchanged
Predicted Opening Price for Brandywine Realty Trust of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $4.31 ( 1.57%) | $4.24 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BDN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.57 | 7.68 % | |
| R2 | 4.47 | 5.34 % | ||
| R1 | 4.41 | 3.90 % | ||
| Current price: | 4.24 | |||
| Support | S1 | 4.21 | -0.769 % | |
| S2 | 4.15 | -2.21 % | ||
| S3 | 4.05 | -4.55 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.56 | 7.55 % | |
| R2 | 4.40 | 3.77 % | ||
| R1 | 4.27 | 0.708 % | ||
| Current price | 4.24 | |||
| Support | S1 | 4.18 | -1.42% | |
| S2 | 4.17 | -1.65% | ||
| S3 | 4.12 | -2.83% |
BDN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 03, 2024 | Apr 03, 2024 | Apr 18, 2024 | $0.150 | 3.54% |
| 2 | Dec 05, 2023 | Jan 03, 2024 | Jan 18, 2024 | $0.150 | 3.02% |
| 3 | Sep 20, 2023 | Oct 03, 2023 | Oct 18, 2023 | $0.150 | 3.65% |
| 4 | May 25, 2023 | Jul 05, 2023 | Jul 20, 2023 | $0.190 | 4.02% |
| 5 | Feb 16, 2023 | Apr 04, 2023 | Apr 19, 2023 | $0.190 | 4.30% |
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