KKR Real Estate Finance Trust Inc Stock Forecast
Green day on Friday for KKR Real Estate Finance Trust Inc
(Updated on Apr 26, 2024)
The KKR Real Estate Finance Trust Inc stock price gained 0.628% on the last trading day (Friday, 26th Apr 2024), rising from $9.56 to $9.62. During the last trading day the stock fluctuated 1.36% from a day low at $9.54 to a day high of $9.67. The price has risen in 6 of the last 10 days and is up by 0.42% over the past 2 weeks. Volume fell on the last day by -252 thousand shares and in total, 567 thousand shares were bought and sold for approximately $5.45 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 in the middle of a very 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 -10.21% during the next 3 months and, with a 90% probability hold a price between $7.35 and $10.57 at the end of this 3-month period.
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KREF Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, February 20, 2024, and so far it has risen 4.57%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The KKR Real Estate Finance Trust Inc 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 $9.74 and $9.87. A break-up above any of these levels will issue buy signals.
Support, Risk & Stop-loss for KKR Real Estate Finance Trust Inc stock
KKR Real Estate Finance Trust Inc finds support from accumulated volume at $9.53 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 $0.130 between high and low, or 1.36%. For the last week the stock has had daily average volatility of 2.23%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (KREF) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect KKR Real Estate Finance Trust Inc to open at $9.61, and during the day (based on 14 day Average True Range), to move between $9.35 and $9.89, which gives a possible trading interval of +/-$0.267 (+/-2.78%) up or down from last closing price. If KKR Real Estate Finance Trust Inc takes out the full calculated possible swing range there will be an estimated 5.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $9.64 (0.21%) than the support at $9.53 (0.94%), 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.
Is KKR Real Estate Finance Trust Inc stock A Buy?
KKR Real Estate Finance Trust Inc holds several negative signals and is within a very wide and 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: -1.405 Sell Candidate Unchanged
Predicted Opening Price for KKR Real Estate Finance Trust Inc of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $9.61 ( 0.104%) | $9.62 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KREF
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.74 | 1.25 % | |
| R2 | 9.69 | 0.731 % | ||
| R1 | 9.66 | 0.412 % | ||
| Current price: | 9.62 | |||
| Support | S1 | 9.56 | -0.620 % | |
| S2 | 9.53 | -0.94 % | ||
| S3 | 9.48 | -1.46 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.14 | 5.41 % | |
| R2 | 9.70 | 0.83 % | ||
| R1 | 9.64 | 0.208 % | ||
| Current price | 9.62 | |||
| Support | S1 | 9.53 | -0.94% | |
| S2 | 9.52 | -1.04% | ||
| S3 | 9.22 | -4.16% |
KREF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 01, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.250 | 2.60% |
| 2 | Dec 15, 2023 | Dec 28, 2023 | Jan 12, 2024 | $0.430 | 3.34% |
| 3 | Sep 15, 2023 | Sep 28, 2023 | Oct 13, 2023 | $0.430 | 3.83% |
| 4 | Jun 15, 2023 | Jun 29, 2023 | Jul 14, 2023 | $0.430 | 3.33% |
| 5 | Mar 17, 2023 | Mar 30, 2023 | Apr 14, 2023 | $0.430 | 3.81% |
FAQ
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