Cedar Realty Trust, Inc. Stock Forecast
Green day on Friday for Cedar Realty Trust, Inc.
(Updated on Jun 28, 2024)
The Cedar Realty Trust, Inc. stock price gained 2.96% on the last trading day (Friday, 28th Jun 2024), rising from $13.50 to $13.90. During the last trading day the stock fluctuated 4.91% from a day low at $13.25 to a day high of $13.90. The price has fallen in 8 of the last 10 days and is down by -2.46% for this period. Volume fell on the last day by -673 shares and in total, 3 thousand shares were bought and sold for approximately $43.91 thousand. 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 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 -13.12% during the next 3 months and, with a 90% probability hold a price between $10.69 and $12.84 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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CDR-PB Signals & Forecast
There are mixed signals in the stock today. The Cedar Realty Trust, Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $14.41. On a fall, the stock will find some support from the short-term average at $13.74. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -8.37%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Cedar Realty Trust, Inc. stock
Cedar Realty Trust, Inc. finds support from accumulated volume at $13.83 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.650 between high and low, or 4.91%. For the last week the stock has had daily average volatility of 3.03%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CDR-PB) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Cedar Realty Trust, Inc. to open at $13.68, and during the day (based on 14 day Average True Range), to move between $13.37 and $14.43, which gives a possible trading interval of +/-$0.530 (+/-3.81%) up or down from last closing price. If Cedar Realty Trust, Inc. takes out the full calculated possible swing range there will be an estimated 7.63% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $13.83 (0.50%) than the resistance at $14.25 (2.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Cedar Realty Trust, Inc. stock A Buy?
Cedar Realty 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: -1.916 Sell Candidate Unchanged
Predicted Opening Price for Cedar Realty Trust, Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $13.68 ( 1.56%) | $13.90 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CDR-PB
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14.33 | 3.12% |
| R2 | 14.09 | 1.33% |
| R1 | 13.93 | 0.228% |
| Price | 13.90 | |
| S1 | 13.44 | -3.35% |
| S2 | 13.28 | -4.45% |
| S3 | 13.03 | -6.24% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 16.10 | 15.83% |
| R2 | 14.57 | 4.84% |
| R1 | 14.25 | 2.52% |
| Price | 13.90 | |
| S1 | 13.83 | -0.504% |
| S2 | 13.76 | -1.01% |
| S3 | 13.20 | -5.04% |
CDR-PB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | May 09, 2024 | May 20, 2024 | $0.453 | 2.99% |
| 2 | Feb 08, 2024 | Feb 08, 2024 | Feb 08, 2024 | $0.453 | 3.07% |
| 3 | Nov 09, 2023 | Nov 09, 2023 | Nov 20, 2023 | $0.453 | 3.46% |
| 4 | Aug 09, 2023 | Aug 09, 2023 | Aug 09, 2023 | $0.453 | 2.56% |
| 5 | May 09, 2023 | May 09, 2023 | May 09, 2023 | $0.453 | 2.78% |
FAQ
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