Ladder Capital Corp Stock Forecast
Ladder Capital Corp stock upgraded from Sell Candidate to Buy Candidate after Tuesday trading session.
(Updated on Jul 02, 2024)
The Ladder Capital Corp stock price gained 1.62% on the last trading day (Tuesday, 2nd Jul 2024), rising from $11.10 to $11.28. During the last trading day the stock fluctuated 1.57% from a day low at $11.12 to a day high of $11.30. The price has risen in 7 of the last 10 days and is up by 1.08% over the past 2 weeks. Volume fell on the last day by -297 thousand shares and in total, 278 thousand shares were bought and sold for approximately $3.14 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 weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.68% during the next 3 months and, with a 90% probability hold a price between $11.39 and $12.50 at the end of this 3-month period.
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LADR Signals & Forecast
The Ladder Capital Corp 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 $11.27 and $11.14. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, June 26, 2024, and so far it has fallen -1.05%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Ladder Capital Corp stock
Ladder Capital Corp finds support from accumulated volume at $11.01 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 $0.175 between high and low, or 1.57%. For the last week the stock has had daily average volatility of 2.07%.
Our recommended stop-loss: $10.92 (-3.23%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)
Trading Expectations (LADR) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Ladder Capital Corp to open at $11.23, and during the day (based on 14 day Average True Range), to move between $11.09 and $11.47, which gives a possible trading interval of +/-$0.191 (+/-1.69%) up or down from last closing price. If Ladder Capital Corp takes out the full calculated possible swing range there will be an estimated 3.38% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $11.29 (0.09%) than the support at $11.01 (2.39%), 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 Ladder Capital Corp stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ladder Capital Corp stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 1.796 Buy Candidate Upgraded
Predicted Opening Price for Ladder Capital Corp of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $11.23 ( 0.428%) | $11.28 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LADR
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 11.41 | 1.12% |
| R2 | 11.34 | 0.530% |
| R1 | 11.30 | 0.164% |
| Price | 11.28 | |
| S1 | 11.16 | -1.02% |
| S2 | 11.12 | -1.39% |
| S3 | 11.06 | -1.98% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 11.41 | 1.15% |
| R2 | 11.40 | 1.06% |
| R1 | 11.29 | 0.0887% |
| Price | 11.28 | |
| S1 | 11.01 | -2.39% |
| S2 | 10.80 | -4.26% |
| S3 | 10.73 | -4.88% |
LADR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 14, 2024 | Jun 28, 2024 | Jul 15, 2024 | $0.230 | 2.04% |
| 2 | Jun 14, 2024 | Jun 27, 2024 | Jul 15, 2024 | $0.230 | 2.04% |
| 3 | Mar 15, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.230 | 2.21% |
| 4 | Dec 15, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.230 | 2.05% |
| 5 | Sep 15, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.230 | 2.31% |
FAQ
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