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Government Properties Income Trust Stock Forecast NYSE:GOV

$24.37 (-0.61%)

Volume: 205k

Closed: Dec 07, 2021

Hollow Logo Score: -0.721

Government Properties Income Trust Stock Forecast

$24.37 (-0.61%)

Volume: 205k

Closed: Dec 07, 2021

Score Hollow Logo -0.721
Which way will GOV go? Request

GOV Stock Risk

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 $0.54 between high and low, or 2.22%. For the last week, the stock has had a daily average volatility of 4.08%.

Our recommended stop-loss: $23.23 (-4.66%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 31 and the stock is currently not being overbought or oversold

Red day on Tuesday for Government Properties Income Trust
(Updated on Dec 07, 2021)


Hold candidate since 2021-12-06 Loss -0.61%

The Government Properties Income Trust stock price fell by -0.61% on the last day (Tuesday, 7th Dec 2021) from $24.52 to $24.37. During the day the stock fluctuated 2.22% from a day low at $24.27 to a day high of $24.81. The price has fallen in 6 of the last 10 days and is down by -4.02% for this period. 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 -4 thousand shares and in total, 205 thousand shares were bought and sold for approximately $4.99 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.62% during the next 3 months and, with a 90% probability hold a price between $22.48 and $27.17 at the end of this 3-month period.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, December 01, 2021, and so far it has risen 5.36%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Government Properties Income Trust 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 $26.04. On a fall, the stock will find some support from the short-term average at $23.90. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss

Government Properties Income Trust finds support from accumulated volume at $23.88 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 $0.54 between high and low, or 2.22%. For the last week, the stock has had a daily average volatility of 4.08%.

Our recommended stop-loss: $23.23 (-4.66%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)

Is Government Properties Income Trust stock A Buy?

Government Properties Income 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.

Current score: -0.721

Predicted Opening Price for Government Properties Income Trust of Wednesday, December 8, 2021

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

Fair opening price December 8, 2021 Current price
$24.48 $24.37 (Undervalued)
Hold/Accumulate Unchanged

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Volatility and Risk
Daily Average Volatility: 4.08 %
Overall Risk: Very High High Medium Low Very Low
Volatility
4.08 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $25.29
Price: $24.37
Support: $23.88

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 25.02 2.68 %
24.82 1.83 %
24.69 1.31 %
Current price: 24.37
Support 24.28 -0.38 %
24.15 -0.90 %
23.94 -1.75 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 25.94 6.44 %
25.90 6.28 %
25.29 3.78 %
Current price 24.37
Support 23.88 -2.01%
23.73 -2.63%
23.59 -3.20%

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About Government Properties Income Trust

Government Properties Income Trust is an equity real estate investment trust launched and managed by Reit Management & Research LLC. The trust invests in the real estate markets of United States. It engages in investment, operation and maintenance of real estate assets. The trust's properties are primarily leased to United States federal and state government agencies. Its portfolio primarily consists of office buildings. Government Properties Inc... Read more

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