Federal Realty Investment Trust Stock Forecast
Federal Realty Investment Trust stock upgraded from Hold/Accumulate to Buy Candidate after Friday trading session.
(Updated on Jun 28, 2024)
The Federal Realty Investment Trust stock price fell by -0.189% on the last day (Friday, 28th Jun 2024) from $21.11 to $21.07. During the last trading day the stock fluctuated 0.762% from a day low at $21.01 to a day high of $21.17. The price has fallen in 6 of the last 10 days but is still up by 0.1% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 thousand shares and in total, 5 thousand shares were bought and sold for approximately $109.48 thousand.
The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $21.25 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Federal Realty Investment Trust stock with a 90% probability to be traded between $19.98 and $21.01 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. 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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FRT-PC Signals & Forecast
The Federal Realty Investment Trust 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 $21.11. On a fall, the stock will find some support from the long-term average at approximately $20.96. 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. A buy signal was issued from a pivot bottom point on Thursday, May 23, 2024, and so far it has risen 2.68%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Federal Realty Investment Trust stock
Federal Realty Investment Trust finds support from accumulated volume at $21.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.160 between high and low, or 0.762%. For the last week the stock has had daily average volatility of 0.627%
Our recommended stop-loss: $20.13 (-4.45%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 50 days ago.)
Trading Expectations (FRT-PC) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Federal Realty Investment Trust to open at $21.08, and during the day (based on 14 day Average True Range), to move between $20.86 and $21.28, which gives a possible trading interval of +/-$0.211 (+/-1.00%) up or down from last closing price. If Federal Realty Investment Trust takes out the full calculated possible swing range there will be an estimated 2.01% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $21.11 (0.19%) than the support at $21.00 (0.33%), 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 Federal Realty Investment Trust stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Federal Realty Investment Trust stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.166 Buy Candidate Upgraded
Predicted Opening Price for Federal Realty Investment Trust of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $21.08 ( 0.0633%) | $21.07 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FRT-PC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 21.24 | 0.82% |
| R2 | 21.18 | 0.533% |
| R1 | 21.14 | 0.353% |
| Price | 21.07 | |
| S1 | 21.02 | -0.227% |
| S2 | 20.98 | -0.406% |
| S3 | 20.92 | -0.696% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 21.66 | 2.80% |
| R2 | 21.17 | 0.475% |
| R1 | 21.11 | 0.190% |
| Price | 21.07 | |
| S1 | 21.00 | -0.332% |
| S2 | 20.95 | -0.570% |
| S3 | 20.74 | -1.57% |
FRT-PC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 01, 2024 | Jul 01, 2024 | Jul 15, 2024 | $0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | $0.313 | 1.42% |
| 3 | Dec 29, 2023 | Dec 29, 2023 | Jan 16, 2024 | $0.313 | 1.40% |
| 4 | Sep 29, 2023 | Sep 29, 2023 | Sep 29, 2023 | $0.313 | 1.56% |
| 5 | Jun 30, 2023 | Jun 30, 2023 | Jun 30, 2023 | $0.313 | 1.45% |
FAQ
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