Healthcare Realty Trust Incorporated Stock Forecast
Healthcare Realty Trust Incorporated stock price ended at $14.88 on Friday, after gaining 2.20%.
(Updated on May 03, 2024)
The Healthcare Realty Trust Incorporated stock price gained 2.20% on the last trading day (Friday, 3rd May 2024), rising from $14.56 to $14.88. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.15% from a day low at $14.66 to a day high of $14.97. The price has risen in 7 of the last 10 days and is up by 6.59% over the past 2 weeks. Volume fell on the last day by -2 million shares and in total, 3 million shares were bought and sold for approximately $51.44 million. 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 wide and 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 $15.34 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 -3.78% during the next 3 months and, with a 90% probability hold a price between $12.12 and $14.76 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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HR Signals & Forecast
Mostly positive signals in the chart today. The Healthcare Realty Trust Incorporated 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 $14.37 and $13.94. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 14.99%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for Healthcare Realty Trust Incorporated stock
Healthcare Realty Trust Incorporated finds support from accumulated volume at $14.36 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.315 between high and low, or 2.15%. For the last week the stock has had daily average volatility of 2.25%.
Our recommended stop-loss: $14.43 (-3.04%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 35 days ago.)
Trading Expectations (HR) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Healthcare Realty Trust Incorporated to open at $14.84, and during the day (based on 14 day Average True Range), to move between $14.53 and $15.23, which gives a possible trading interval of +/-$0.345 (+/-2.32%) up or down from last closing price. If Healthcare Realty Trust Incorporated takes out the full calculated possible swing range there will be an estimated 4.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $15.09 (1.41%) than the support at $14.36 (3.49%), 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
Healthcare Realty Trust Incorporated will release earnings BMO on Tuesday, May 07, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.380. We will update the financials statements for Healthcare Realty Trust Incorporated, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.26% in the first trading day after earnings release.
Is Healthcare Realty Trust Incorporated stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 2.179 Buy Candidate Unchanged
Predicted Opening Price for Healthcare Realty Trust Incorporated of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $14.84 ( 0.302%) | $14.88 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.15 | 1.81 % | |
| R2 | 15.03 | 1.01 % | ||
| R1 | 14.96 | 0.506 % | ||
| Current price: | 14.88 | |||
| Support | S1 | 14.71 | -1.11 % | |
| S2 | 14.64 | -1.61 % | ||
| S3 | 14.52 | -2.42 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.93 | 7.06 % | |
| R2 | 15.59 | 4.77 % | ||
| R1 | 15.09 | 1.41 % | ||
| Current price | 14.88 | |||
| Support | S1 | 14.36 | -3.49% | |
| S2 | 14.23 | -4.37% | ||
| S3 | 13.57 | -8.80% |
HR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 10, 2024 | May 10, 2024 | May 23, 2024 | $0.310 | 2.08% |
| 2 | Feb 13, 2024 | Feb 23, 2024 | Mar 14, 2024 | $0.310 | 2.40% |
| 3 | Oct 30, 2023 | Nov 13, 2023 | Nov 30, 2023 | $0.310 | 2.03% |
| 4 | Aug 01, 2023 | Aug 14, 2023 | Aug 30, 2023 | $0.310 | 1.80% |
| 5 | May 02, 2023 | May 15, 2023 | Jun 02, 2023 | $0.310 | 1.62% |
FAQ
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