Federal Realty Investment Trust Stock Forecast
Federal Realty Investment Trust stock upgraded to Hold/Accumulate.
(Updated on Apr 26, 2024)
The Federal Realty Investment Trust stock price fell by -0.370% on the last day (Friday, 26th Apr 2024) from $102.57 to $102.19. During the last trading day the stock fluctuated 1.52% from a day low at $102.10 to a day high of $103.65. The price has risen in 6 of the last 10 days and is up by 2.46% 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 -205 thousand shares and in total, 504 thousand shares were bought and sold for approximately $51.49 million.
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 $103.56 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 $95.23 and $102.43 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.
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FRT Signals & Forecast
The Federal Realty Investment Trust 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 $101.52 and $100.41. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen -1.36%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
A sell signal from a double top formation was found on Tuesday, April 09, 2024 and based on theory for this formation the price should fall by -6.68% to $95.36 within 20 trading days since signal was issued (Monday, April 29, 2024).
Support, Risk & Stop-loss for Federal Realty Investment Trust stock
Federal Realty Investment Trust finds support from accumulated volume at $101.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.55 (1.52%) between high and low. For the last week, the stock has had daily average volatility of 1.77%.
Our recommended stop-loss: $97.66 (-4.43%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (FRT) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Federal Realty Investment Trust to open at $102.65, and during the day (based on 14 day Average True Range), to move between $100.36 and $104.02, which gives a possible trading interval of +/-$1.83 (+/-1.79%) 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 3.59% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $102.22 (0.03%) than the support at $101.14 (1.03%), 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.
Earnings coming up
Federal Realty Investment Trust will release earnings AMC on Thursday, May 02, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.65. We will update the financials statements for Federal Realty Investment Trust, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.52% in the first trading day after earnings release.
Is Federal Realty Investment Trust stock A Buy?
Federal Realty Investment Trust 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.035 Hold/Accumulate Upgraded
Predicted Opening Price for Federal Realty Investment Trust of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $102.65 ( 0.447%) | $102.19 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FRT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 104.20 | 1.96 % | |
| R2 | 103.60 | 1.38 % | ||
| R1 | 103.24 | 1.03 % | ||
| Current price: | 102.19 | |||
| Support | S1 | 102.05 | -0.133 % | |
| S2 | 101.69 | -0.490 % | ||
| S3 | 101.10 | -1.07 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 103.60 | 1.38 % | |
| R2 | 102.57 | 0.372 % | ||
| R1 | 102.22 | 0.0294 % | ||
| Current price | 102.19 | |||
| Support | S1 | 101.14 | -1.03% | |
| S2 | 101.05 | -1.12% | ||
| S3 | 100.85 | -1.31% |
FRT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 12, 2024 | Mar 12, 2024 | Apr 15, 2024 | $1.09 | 1.11% |
| 2 | Nov 02, 2023 | Dec 29, 2023 | Jan 16, 2024 | $1.09 | 1.07% |
| 3 | Aug 02, 2023 | Sep 21, 2023 | Oct 16, 2023 | $1.09 | 1.22% |
| 4 | May 04, 2023 | Jun 21, 2023 | Jul 17, 2023 | $1.08 | 1.07% |
| 5 | Feb 08, 2023 | Mar 10, 2023 | Apr 17, 2023 | $1.08 | 1.10% |
FAQ
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