Boardwalk Real Estate Investment Trust Stock Forecast
Red day on Friday for Boardwalk Real Estate Investment Trust stock after losing 0%
(Updated on Jun 14, 2024)
No changes to the price of Boardwalk Real Estate Investment Trust stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $52.72 to a day high of $52.72. The price has been going up and down for this period, and there has been a 4.15% gain for the last 2 weeks.
The stock lies in the middle of a 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 -8.59% during the next 3 months and, with a 90% probability hold a price between $43.89 and $49.59 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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BOWFF Signals & Forecast
The Boardwalk Real Estate Investment Trust 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 $52.72 and $52.60. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Thursday, June 13, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Boardwalk Real Estate Investment Trust stock
Boardwalk Real Estate Investment Trust finds support from accumulated volume at $52.60 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: $50.70 (-3.84%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (BOWFF) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Boardwalk Real Estate Investment Trust to open at $52.72, and during the day (based on 14 day Average True Range), to move between $52.41 and $53.03, which gives a possible trading interval of +/-$0.314 (+/-0.60%) up or down from last closing price. If Boardwalk Real Estate Investment Trust takes out the full calculated possible swing range there will be an estimated 1.19% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $52.60 (0.23%) than the resistance at $53.44 (1.36%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Boardwalk Real Estate Investment Trust stock A Buy?
Boardwalk Real Estate Investment Trust holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Boardwalk Real Estate Investment Trust of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| $52.72 ( 0%) | $52.72 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BOWFF
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 52.72 | - |
| R2 | 52.72 | - |
| R1 | 52.72 | - |
| Price | 52.72 | |
| S1 | 52.72 | - |
| S2 | 52.72 | - |
| S3 | 52.72 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 58.37 | 10.72% |
| R2 | 54.00 | 2.43% |
| R1 | 53.44 | 1.36% |
| Price | 52.72 | |
| S1 | 52.60 | -0.228% |
| S2 | 51.25 | -2.79% |
| S3 | 50.62 | -3.99% |
BOWFF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 07, 2024 | Jun 28, 2024 | Jul 15, 2024 | $0.0900 | 0.178% |
| 2 | May 31, 2024 | May 31, 2024 | Jun 17, 2024 | $0.0883 | 0.175% |
| 3 | Feb 22, 2024 | May 30, 2024 | Jun 17, 2024 | $0.0871 | 0.172% |
| 4 | Apr 29, 2024 | Apr 29, 2024 | May 15, 2024 | $0.0883 | 0.163% |
| 5 | Mar 27, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.0887 | 0.169% |
FAQ
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