Dillard's Capital Trust I Stock Forecast

Dillard's Capital Trust I stock price ended at $25.55 on Friday, after losing 0.117%.
(Updated on Apr 26, 2024)

DDT Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 0.118%. 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 Dillard's Capital Trust I 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 $25.59 and $25.97. 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). Dillard's Capital Trust I 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". The stock had a Golden Star Signal on Wednesday, September 06, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Dillard's Capital Trust I stock

Dillard's Capital Trust I finds support from accumulated volume at $25.52 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 $0.110 between high and low, or 0.432%. For the last week the stock has had daily average volatility of 0.413%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DDT) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Dillard's Capital Trust I to open at $25.55, and during the day (based on 14 day Average True Range), to move between $25.37 and $25.73, which gives a possible trading interval of +/-$0.181 (+/-0.71%) up or down from last closing price. If Dillard's Capital Trust I takes out the full calculated possible swing range there will be an estimated 1.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $25.52 (0.12%) than the resistance at $25.73 (0.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Dillard's Capital Trust I stock A Buy?

Dillard's Capital Trust I holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.656 Sell Candidate Unchanged

Predicted Opening Price for Dillard's Capital Trust I of Monday, April 29, 2024

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