RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Douglas Emmett Inc stock downgraded from Strong Buy Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on Jul 23, 2024)

Buy or Hold candidate since Jul 09, 2024 Gain 15.16% PDF

The Douglas Emmett Inc stock price gained 2.25% on the last trading day (Tuesday, 23rd Jul 2024), rising from $15.08 to $15.42. During the last trading day the stock fluctuated 5.25% from a day low at $14.87 to a day high of $15.65. The price has risen in 7 of the last 10 days and is up by 15.16% over the past 2 weeks. Volume fell on the last day by -479 thousand shares and in total, 2 million shares were bought and sold for approximately $33.82 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 has broken the wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $15.26, a level that may pose a second chance to hit a runner. According to fan-theory $17.31 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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DEI Signals & Forecast

The Douglas Emmett 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 $14.91 and $13.76. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 18.80%. 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 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 for Douglas Emmett Inc stock

Douglas Emmett Inc finds support from accumulated volume at $14.71 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 $0.780 between high and low, or 5.25%. For the last week, the stock has had daily average volatility of 3.99%.

The Douglas Emmett Inc stock is extremely overbought on RSI14 (79). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $14.97 (-2.92%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 79 and this increases the risk substantially. There is a buy signal from a pivot bottom found 47 days ago.)

Trading Expectations (DEI) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Douglas Emmett Inc to open at $15.31, and during the day (based on 14 day Average True Range), to move between $14.98 and $15.86, which gives a possible trading interval of +/-$0.436 (+/-2.83%) up or down from last closing price. If Douglas Emmett Inc takes out the full calculated possible swing range there will be an estimated 5.65% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $14.71, some $0.710 (4.60%) from the current price of $15.42, our system finds the risk reward attractive.

Is Douglas Emmett Inc stock A Buy?

Douglas Emmett Inc 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

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 Douglas Emmett Inc of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$15.31 ( 0.692%) $15.42

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

Trading levels for DEI

Fibonacci Support & Resistance Levels

Level Price
R3 16.09 4.37%
R2 15.80 2.43%
R1 15.61 1.24%
Price 15.42
S1 15.02 -2.62%
S2 14.83 -3.82%
S3 14.53 -5.75%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 15.42
S1 14.71 -4.60%
S2 13.74 -10.89%
S3 13.22 -14.27%

DEI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 30, 2024 Jun 28, 2024 Jul 16, 2024 $0.190 1.27%
2 Feb 29, 2024 Mar 27, 2024 Apr 16, 2024 $0.190 1.49%
3 Dec 13, 2023 Dec 28, 2023 Jan 17, 2024 $0.190 1.38%
4 Sep 08, 2023 Sep 28, 2023 Oct 17, 2023 $0.190 1.52%
5 May 24, 2023 Jun 29, 2023 Jul 18, 2023 $0.190 1.38%

FAQ

What is the symbol for Douglas Emmett Inc Stock and on which exchange is it traded?
The symbol for Douglas Emmett Inc is DEI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Douglas Emmett Inc Stock?
Douglas Emmett Inc 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

How to buy Douglas Emmett Inc Stock?
Douglas Emmett Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Douglas Emmett Inc Stock.

What's the current price of Douglas Emmett Inc Stock?
As of the end of day on the Jul 23, 2024, the price of an Douglas Emmett Inc (DEI) share was $15.42.

What is the 52-week high and low for Douglas Emmett Inc Stock?
The 52-week high for Douglas Emmett Inc Stock is $16.12 and the 52-week low is $10.76.

What is the market capitalization of Douglas Emmett Inc Stock?
As of the Jul 23, 2024, the market capitalization of Douglas Emmett Inc is 2.524B.

When is the next earnings date for Douglas Emmett Inc?
The upcoming earnings date for Douglas Emmett Inc is Aug 08, 2024.
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About Douglas Emmett Inc

Douglas Emmett Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess ... DEI Profile

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