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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 GOZ.AX
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Growthpoint Properties Australia stock price down 1.72% on Friday
(Updated on Jun 14, 2024)

Sell candidate since Jun 11, 2024 Loss -2.55% PDF

The Growthpoint Properties Australia stock price fell by -1.72% on the last day (Friday, 14th Jun 2024) from $2.33 to $2.29. During the last trading day the stock fluctuated 1.75% from a day low at $2.29 to a day high of $2.33. The price has fallen in 6 of the last 10 days and is down by -3.38% 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 -174 thousand shares and in total, 252 thousand shares were bought and sold for approximately $577.47 thousand.

The stock lies in the middle of a 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 -3.58% during the next 3 months and, with a 90% probability hold a price between $2.16 and $2.36 at the end of this 3-month period.

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GOZ.AX Signals & Forecast

There are few to no technical positive signals at the moment. The Growthpoint Properties Australia stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $2.37 and $2.39. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 05, 2024, and so far it has fallen -6.91%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Growthpoint Properties Australia stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 $0.0400 between high and low, or 1.75%. For the last week the stock has had daily average volatility of 1.79%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GOZ.AX) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Growthpoint Properties Australia to open at $2.30, and during the day (based on 14 day Average True Range), to move between $2.24 and $2.34, which gives a possible trading interval of +/-$0.0483 (+/-2.11%) up or down from last closing price. If Growthpoint Properties Australia takes out the full calculated possible swing range there will be an estimated 4.22% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $2.37, some $0.0800 (3.49%) from the current price of $2.29, our system finds the risk reward not very attractive.

Is Growthpoint Properties Australia stock A Buy?

Growthpoint Properties Australia holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.033 Sell Candidate Unchanged

Predicted Opening Price for Growthpoint Properties Australia of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$2.30 ( 0.582%) $2.29

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

Trading levels for GOZ.AX

Fibonacci Support & Resistance Levels

Level Price
R3 2.34 2.33%
R2 2.33 1.66%
R1 2.32 1.25%
Price 2.29
S1 2.29 -0.0850%
S2 2.28 -0.497%
S3 2.26 -1.16%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2.46 7.42%
R2 2.45 6.99%
R1 2.37 3.49%
Price 2.29
S1 0 -
S2 0 -
S3 0 -

GOZ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 28, 2023 Dec 28, 2023 Feb 29, 2024 $0.0965 4.35%
2 Jun 29, 2023 Jun 29, 2023 Jun 29, 2023 $0.107 3.85%
3 Dec 29, 2022 Dec 29, 2022 Dec 29, 2022 $0.107 3.55%
4 Jun 29, 2022 Jun 29, 2022 Jun 29, 2022 $0.104 2.96%
5 Dec 30, 2021 Dec 30, 2021 Dec 30, 2021 $0.104 2.37%

FAQ

What is the symbol for Growthpoint Properties Australia Stock and on which exchange is it traded?
The symbol for Growthpoint Properties Australia is GOZ.AX and it is traded on the ASX (Australian Securities Exchange).

Should I buy or sell Growthpoint Properties Australia Stock?
Growthpoint Properties Australia holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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

What's the current price of Growthpoint Properties Australia Stock?
As of the end of day on the Jun 14, 2024, the price of an Growthpoint Properties Australia (GOZ.AX) share was $2.29.

What is the 52-week high and low for Growthpoint Properties Australia Stock?
The 52-week high for Growthpoint Properties Australia Stock is $3.00 and the 52-week low is $1.97.

What is the market capitalization of Growthpoint Properties Australia Stock?
As of the Jun 14, 2024, the market capitalization of Growthpoint Properties Australia is 1.726B.

When is the next earnings date for Growthpoint Properties Australia?
The upcoming earnings date for Growthpoint Properties Australia is Aug 15, 2024.
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About Growthpoint Properties Australia

Growthpoint Properties Australia Growthpoint provides spaces for people to thrive. For more than 10 years, we've been investing in high-quality industrial and office properties across Australia. Today, we own and manage 58 properties, valued at approximately $4.2 billion.4 We actively manage our portfolio. We invest in our existing properties, ensuring they meet our tenants' needs now and into the future. We are also focused on growing our property portfolio. We are committed to... GOZ.AX Profile

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