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DigitalBridge Group, Inc. Stock Forecast NYSE:DBRG

$8.20 (0.37%)

Volume: 5M

Closed: Dec 07, 2021

Hollow Logo Score: 3.982

DigitalBridge Group, Inc. Stock Forecast

$8.20 (0.37%)

Volume: 5M

Closed: Dec 07, 2021

Score Hollow Logo 3.982
Which way will DBRG go? Request
Stop-loss: $7.91 (-3.58%)
Key Stats
P/E Ratio -8.30
Beta 1.33
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 80 ] RSI14 is 56 and the stock is currently not being overbought or oversold

DigitalBridge Group, Inc. stock price ended on $8.20 on Tuesday after gaining 0.37%
(Updated on Dec 07, 2021)


Buy or Hold candidate since 2021-11-03 Gain 17.82%

The DigitalBridge Group, Inc. stock price gained 0.37% on the last trading day (Tuesday, 7th Dec 2021), rising from $8.17 to $8.20. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.94% from a day low at $8.16 to a day high of $8.40. The price has risen in 6 of the last 10 days and is up by 8.47% over the past 2 weeks. Volume fell on the last day by -6 million shares and in total, 5 million shares were bought and sold for approximately $44.71 million. 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 strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 31.49% during the next 3 months and, with a 90% probability hold a price between $9.54 and $11.11 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, November 29, 2021, and so far it has fallen -0.73%. 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). The DigitalBridge Group, Inc. 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 $8.02 and $7.44. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss

DigitalBridge Group, Inc. finds support from accumulated volume at $8.17 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 $0.24 between high and low, or 2.94%. For the last week, the stock has had a daily average volatility of 5.39%.

Our recommended stop-loss: $7.91 (-3.58%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 6 days ago.)

Is DigitalBridge Group, Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for DigitalBridge Group, Inc. stock to perform well in the short-term.

Current score: 3.982

Predicted Opening Price for DigitalBridge Group, Inc. of Wednesday, December 8, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 8, 2021 Current price
$8.25 $8.20 (Undervalued)
Buy Candidate Unchanged

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Analyst Ratings

On Oct 29, 2021 "B. Riley" gave "$12.00" rating for DBRG. The price target was set to $6.70+0.0%.

Volatility and Risk
Daily Average Volatility: 5.39 %
Overall Risk: Very High High Medium Low Very Low
Volatility
5.39 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $8.21
Price: $8.20
Support: $8.17

DBRG Insider Trading Show all Trades

INSIDER POWER

2.115

Last 40 transactions
Buy: 2 418 146 | Sell: 1 143 458 (Shares)
Date Action Amount Person Type
Nov 16, 2021 Sell 11 000 Kim Sonia Class A Common Stock
Nov 05, 2021 Buy 17 426 Fosheim Jon A Class A Common Stock
Nov 05, 2021 Buy 34 938 Steffens John Class A Common Stock
Aug 15, 2021 Sell 95 598 Wu Jacky Class A Common Stock
Aug 09, 2021 Buy 354 108 Wu Jacky Class A Common Stock
Show all Insider Trades
INSIDER POWER

2.115

Last 40 transactions
Buy: 2 418 146 | Sell: 1 143 458 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 8.49 3.58 %
8.40 2.46 %
8.35 1.77 %
Current price: 8.20
Support 8.16 -0.47 %
8.11 -1.16 %
8.01 -2.28 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 0 .
8.26 0.73 %
8.21 0.12 %
Current price 8.20
Support 8.17 -0.37%
7.96 -2.93%
6.59 -19.63%

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