Saul Centers, Inc. Stock Forecast
Saul Centers, Inc. stock upgraded to Hold/Accumulate.
(Updated on Jun 27, 2024)
The Saul Centers, Inc. stock price fell by -0.243% on the last day (Thursday, 27th Jun 2024) from $20.54 to $20.49. During the last trading day the stock fluctuated 0.670% from a day low at $20.45 to a day high of $20.59. The price has fallen in 6 of the last 10 days and is down by -0.63% for this period. Volume has increased on the last day by 902 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, 6 thousand shares were bought and sold for approximately $120.54 thousand.
The stock lies in the middle of a 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 -5.65% during the next 3 months and, with a 90% probability hold a price between $18.47 and $19.96 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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BFS-PD Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 0.490%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Saul Centers, Inc. 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 $20.58 and $20.58. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Saul Centers, Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Saul Centers, Inc. stock
Saul Centers, Inc. finds support from accumulated volume at $20.45 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 $0.137 between high and low, or 0.670%. For the last week the stock has had daily average volatility of 0.667%.
Our recommended stop-loss: $19.50 (-4.82%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 53 days ago.)
Trading Expectations (BFS-PD) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Saul Centers, Inc. to open at $20.51, and during the day (based on 14 day Average True Range), to move between $20.25 and $20.73, which gives a possible trading interval of +/-$0.241 (+/-1.18%) up or down from last closing price. If Saul Centers, Inc. takes out the full calculated possible swing range there will be an estimated 2.36% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $20.45 (0.20%) than the resistance at $20.54 (0.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Saul Centers, Inc. stock A Buy?
Saul Centers, Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.804 Hold/Accumulate Upgraded
Predicted Opening Price for Saul Centers, Inc. of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| $20.51 ( 0.0927%) | $20.49 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BFS-PD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20.65 | 0.761% |
| R2 | 20.59 | 0.506% |
| R1 | 20.56 | 0.348% |
| Price | 20.49 | |
| S1 | 20.46 | -0.163% |
| S2 | 20.42 | -0.320% |
| S3 | 20.37 | -0.576% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20.62 | 0.634% |
| R2 | 20.56 | 0.342% |
| R1 | 20.54 | 0.244% |
| Price | 20.49 | |
| S1 | 20.45 | -0.195% |
| S2 | 20.43 | -0.293% |
| S3 | 20.39 | -0.488% |
BFS-PD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 01, 2024 | Jul 01, 2024 | Jul 15, 2024 | $0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Apr 15, 2024 | $0.383 | 1.86% |
| 3 | Dec 29, 2023 | Dec 29, 2023 | Jan 16, 2024 | $0.383 | 1.63% |
| 4 | Sep 29, 2023 | Sep 29, 2023 | Sep 29, 2023 | $0.383 | 1.82% |
| 5 | Jun 30, 2023 | Jun 30, 2023 | Jun 30, 2023 | $0.383 | 1.74% |
FAQ
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