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.
AI Analysis of FSP
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Green day on Thursday for Franklin Street Properties Corp stock after gaining 0.442%
(Updated on Mar 28, 2024)

Hold candidate since Mar 25, 2024 Gain 3.65% PDF

The Franklin Street Properties Corp stock price gained 0.442% on the last trading day (Thursday, 28th Mar 2024), rising from $2.26 to $2.27. During the last trading day the stock fluctuated 2.67% from a day low at $2.25 to a day high of $2.31. The price has been going up and down for this period, and there has been a 3.65% gain for the last 2 weeks. Volume fell on the last day by -411 thousand shares and in total, 360 thousand shares were bought and sold for approximately $816.83 thousand. 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 lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $2.28 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -16.45% during the next 3 months and, with a 90% probability hold a price between $1.75 and $1.90 at the end of this 3-month period. 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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FSP Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 5.58%. 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. The Franklin Street Properties Corp stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $2.28. On a fall, the stock will find some support from the short-term average at $2.22. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Franklin Street Properties Corp stock

Franklin Street Properties Corp finds support from accumulated volume at $2.26 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0600 between high and low, or 2.67%. For the last week the stock has had daily average volatility of 3.01%.

Our recommended stop-loss: $2.17 (-4.20%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (FSP) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Franklin Street Properties Corp to open at $2.28, and during the day (based on 14 day Average True Range), to move between $2.19 and $2.35, which gives a possible trading interval of +/-$0.0754 (+/-3.32%) up or down from last closing price. If Franklin Street Properties Corp takes out the full calculated possible swing range there will be an estimated 6.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.26 (0.44%) than the resistance at $2.38 (4.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Franklin Street Properties Corp stock A Buy?

Franklin Street Properties Corp 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.

Current score: -0.865 Hold/Accumulate Unchanged

Predicted Opening Price for Franklin Street Properties Corp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$2.28 ( 0.294%) $2.27

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

Trading levels for FSP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.34 2.94 %
R2 2.31 1.93 %
R1 2.30 1.30 %
Current price: 2.27
Support S1 2.25 -0.716 %
S2 2.24 -1.34 %
S3 2.22 -2.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.46 8.37 %
R2 2.40 5.73 %
R1 2.38 4.85 %
Current price 2.27
Support S1 2.26 -0.441%
S2 2.18 -3.96%
S3 2.17 -4.41%

FSP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Jan 25, 2024 Feb 15, 2024 $0.0100 0.424%
2 Oct 06, 2023 Oct 19, 2023 Nov 09, 2023 $0.0100 0.465%
3 Jul 07, 2023 Jul 20, 2023 Aug 10, 2023 $0.0100 0.508%
4 Apr 07, 2023 Apr 20, 2023 May 11, 2023 $0.0100 0.667%
5 Jan 26, 2023 Jan 26, 2023 Feb 16, 2023 $0.0100 0.358%

FAQ

What is the symbol for Franklin Street Properties Corp Stock and on which exchange is it traded?
The symbol for Franklin Street Properties Corp is FSP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Franklin Street Properties Corp Stock?
Franklin Street Properties Corp 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.

How to buy Franklin Street Properties Corp Stock?
Franklin Street Properties Corp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Franklin Street Properties Corp Stock.

What's the current price of Franklin Street Properties Corp Stock?
As of the end of day on the 2024-03-28, the price of an Franklin Street Properties Corp (FSP) share was $2.27.

What is the 52-week high and low for Franklin Street Properties Corp Stock?
The 52-week high for Franklin Street Properties Corp Stock is $2.72 and the 52-week low is $1.13.

What is the market capitalization of Franklin Street Properties Corp Stock?
As of the 2024-03-28, the market capitalization of Franklin Street Properties Corp is 234.786M.

When is the next earnings date for Franklin Street Properties Corp?
The upcoming earnings date for Franklin Street Properties Corp is May 07, 2024.
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About Franklin Street Properties Corp

Franklin Street Properties Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment tru... FSP Profile

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