Medical Properties Trust Stock Forecast
Red day on Tuesday for Medical Properties Trust
(Updated on Jun 25, 2024)
The Medical Properties Trust stock price fell by -2.89% on the last day (Tuesday, 25th Jun 2024) from $4.85 to $4.71. During the last trading day the stock fluctuated 3.11% from a day low at $4.66 to a day high of $4.81. The price has fallen in 6 of the last 10 days and is down by -6.36% for this period. Volume has increased on the last day by 5 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 10 million shares were bought and sold for approximately $48.74 million.
Given the current short-term trend, the stock is expected to rise 17.16% during the next 3 months and, with a 90% probability hold a price between $5.52 and $7.34 at the end of this 3-month period.
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MPW Signals & Forecast
There are few to no technical positive signals at the moment. The Medical Properties Trust 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 $4.81 and $5.04. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 14, 2024, and so far it has fallen -19.49%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Medical Properties Trust stock
Medical Properties Trust finds support from accumulated volume at $4.70 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 $0.145 between high and low, or 3.11%. For the last week, the stock has had daily average volatility of 2.75%.
Medical Properties Trust is oversold on RSI14 (15). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (MPW) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Medical Properties Trust Inc to open at $4.73, and during the day (based on 14 day Average True Range), to move between $4.47 and $4.95, which gives a possible trading interval of +/-$0.237 (+/-5.03%) up or down from last closing price. If Medical Properties Trust Inc takes out the full calculated possible swing range there will be an estimated 10.05% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $4.70 (0.21%) than the resistance at $4.74 (0.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Medical Properties Trust Inc stock A Buy?
The Medical Properties Trust stock holds several negative signals and despite the positive trend, we believe Medical Properties Trust will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.737 Sell Candidate Unchanged
Predicted Opening Price for Medical Properties Trust Inc of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $4.73 ( 0.318%) | $4.71 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MPW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.87 | 3.40% |
| R2 | 4.81 | 2.22% |
| R1 | 4.78 | 1.49% |
| Price | 4.71 | |
| S1 | 4.67 | -0.86% |
| S2 | 4.64 | -1.58% |
| S3 | 4.58 | -2.76% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.85 | 24.20% |
| R2 | 5.58 | 18.47% |
| R1 | 4.74 | 0.637% |
| Price | 4.71 | |
| S1 | 4.70 | -0.212% |
| S2 | 4.50 | -4.46% |
| S3 | 4.28 | -9.13% |
MPW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 10, 2024 | Jun 10, 2024 | Jul 09, 2024 | $0.150 | 3.18% |
| 2 | Apr 19, 2024 | Apr 19, 2024 | May 01, 2024 | $0.150 | 3.24% |
| 3 | Nov 09, 2023 | Dec 06, 2023 | Jan 11, 2024 | $0.150 | 4.25% |
| 4 | Aug 21, 2023 | Sep 13, 2023 | Oct 12, 2023 | $0.150 | 2.84% |
| 5 | Apr 27, 2023 | Jun 14, 2023 | Jul 13, 2023 | $0.290 | 2.93% |
FAQ
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