Capital Trust Inc Stock Forecast
Capital Trust Inc stock price up 0.680% on Wednesday
(Updated on May 01, 2024)
The Capital Trust Inc stock price gained 0.680% on the last trading day (Wednesday, 1st May 2024), rising from $17.64 to $17.76. During the last trading day the stock fluctuated 3.35% from a day low at $17.61 to a day high of $18.20. The price has risen in 6 of the last 10 days but is still down by -2.58% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 627 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $41.85 million.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $17.62 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -5.49% during the next 3 months and, with a 90% probability hold a price between $16.65 and $18.89 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
BXMT Signals & Forecast
There are mixed signals in the stock today. The Capital Trust 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 $18.04 and $19.12. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 0.680%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Capital Trust Inc stock
Capital Trust Inc finds support from accumulated volume at $17.65 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 $0.590 between high and low, or 3.35%. For the last week, the stock has had daily average volatility of 2.77%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BXMT) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Capital Trust Inc to open at $17.86, and during the day (based on 14 day Average True Range), to move between $17.23 and $18.29, which gives a possible trading interval of +/-$0.529 (+/-2.98%) up or down from last closing price. If Capital Trust Inc takes out the full calculated possible swing range there will be an estimated 5.96% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $17.65 (0.62%) than the resistance at $18.25 (2.76%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Capital Trust Inc stock A Buy?
Capital Trust Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.028 Sell Candidate Unchanged
Predicted Opening Price for Capital Trust Inc of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $17.86 ( 0.544%) | $17.76 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BXMT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 18.45 | 3.87 % | |
| R2 | 18.22 | 2.60 % | ||
| R1 | 18.08 | 1.81 % | ||
| Current price: | 17.76 | |||
| Support | S1 | 17.63 | -0.725 % | |
| S2 | 17.49 | -1.51 % | ||
| S3 | 17.27 | -2.78 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.85 | 11.77 % | |
| R2 | 19.03 | 7.15 % | ||
| R1 | 18.25 | 2.76 % | ||
| Current price | 17.76 | |||
| Support | S1 | 17.65 | -0.619% | |
| S2 | 17.64 | -0.676% | ||
| S3 | 0 | . |
BXMT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 27, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.620 | 3.39% |
| 2 | Dec 15, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.620 | 2.98% |
| 3 | Sep 15, 2023 | Sep 28, 2023 | Oct 13, 2023 | $0.620 | 2.93% |
| 4 | Jun 15, 2023 | Jun 29, 2023 | Jul 14, 2023 | $0.620 | 2.81% |
| 5 | Mar 15, 2023 | Mar 30, 2023 | Apr 14, 2023 | $0.620 | 3.59% |
FAQ
Click here for our free guide on how to buy Capital Trust Inc Stock.
