Digital Realty Trust, Inc. Stock Forecast
Green day on Friday for Digital Realty Trust, Inc. stock after gaining 0.208%
(Updated on Jun 21, 2024)
The Digital Realty Trust, Inc. stock price gained 0.208% on the last trading day (Friday, 21st Jun 2024), rising from $24.06 to $24.11. During the last trading day the stock fluctuated 0.710% from a day low at $23.95 to a day high of $24.12. The price has fallen in 6 of the last 10 days and is down by -1.43% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 21 thousand shares were bought and sold for approximately $507.18 thousand.
The stock lies in the middle of a weak 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 2.65% during the next 3 months and, with a 90% probability hold a price between $23.75 and $25.36 at the end of this 3-month period.
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DLR-PK Signals & Forecast
The Digital Realty Trust, Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $24.25. On a fall, the stock will find some support from the long-term average at approximately $23.71. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Digital Realty Trust, Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -2.19%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Tuesday, May 14, 2024 in the short-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.
Golden Star
The stock had a Golden Star Signal on Tuesday, May 14, 2024 in the short-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 Digital Realty Trust, Inc. stock
Digital Realty Trust, Inc. finds support from accumulated volume at $23.58 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 $0.170 between high and low, or 0.710%. For the last week the stock has had daily average volatility of 1.03%.
Our recommended stop-loss: $23.03 (-4.46%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 36 days ago.)
Trading Expectations (DLR-PK) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Digital Realty Trust, Inc. to open at $24.06, and during the day (based on 14 day Average True Range), to move between $23.82 and $24.40, which gives a possible trading interval of +/-$0.291 (+/-1.21%) up or down from last closing price. If Digital Realty Trust, Inc. takes out the full calculated possible swing range there will be an estimated 2.42% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $24.19 (0.33%) than the support at $23.58 (2.20%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Digital Realty Trust, 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 Digital Realty Trust, Inc. stock to perform well in the short-term.
Current score: 2.311 Buy Candidate Unchanged
Predicted Opening Price for Digital Realty Trust, Inc. of Monday, June 24, 2024
Fair opening price June 24, 2024 | Current price |
---|---|
$24.06 ( 0.207%) | $24.11 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DLR-PK
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 24.23 | 0.498% |
R2 | 24.17 | 0.228% |
R1 | 24.12 | 0.0620% |
Price | 24.11 | |
S1 | 24.00 | -0.477% |
S2 | 23.95 | -0.643% |
S3 | 23.89 | -0.91% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 24.47 | 1.49% |
R2 | 24.30 | 0.788% |
R1 | 24.19 | 0.332% |
Price | 24.11 | |
S1 | 23.58 | -2.20% |
S2 | 23.35 | -3.15% |
S3 | 23.27 | -3.48% |
DLR-PK Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.366 | 1.52% |
2 | Mar 14, 2024 | Mar 14, 2024 | Mar 28, 2024 | $0.366 | 1.55% |
3 | Dec 14, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.366 | 1.47% |
4 | Sep 14, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.366 | 1.63% |
5 | Jun 14, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.366 | 1.56% |
FAQ
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