Nexpoint Real Estate Finance, Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Friday for Nexpoint Real Estate Finance, Inc.
(Updated on Jun 28, 2024)
The Nexpoint Real Estate Finance, Inc. stock price gained 0.97% on the last trading day (Friday, 28th Jun 2024), rising from $21.71 to $21.92. During the last trading day the stock fluctuated 0.0456% from a day low at $21.92 to a day high of $21.93. The price has risen in 5 of the last 10 days and is up by 1.39% over the past 2 weeks. Volume fell on the last day by -14 shares and in total, 376 shares were bought and sold for approximately $8.24 thousand. 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 narrow and 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 2.94% during the next 3 months and, with a 90% probability hold a price between $22.42 and $22.74 at the end of this 3-month period.
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NREF-PA Signals & Forecast
The Nexpoint Real Estate Finance, Inc. 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 $21.72 and $21.52. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has risen 1.48%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Nexpoint Real Estate Finance, Inc. stock
Nexpoint Real Estate Finance, Inc. finds support from accumulated volume at $21.75 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 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 $0.0100 between high and low, or 0.0456%. For the last week the stock has had daily average volatility of 0.287%
Our recommended stop-loss: $20.84 (-4.93%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (NREF-PA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Nexpoint Real Estate Finance, Inc. to open at $21.92, and during the day (based on 14 day Average True Range), to move between $21.76 and $22.08, which gives a possible trading interval of +/-$0.155 (+/-0.71%) up or down from last closing price. If Nexpoint Real Estate Finance, Inc. takes out the full calculated possible swing range there will be an estimated 1.42% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $21.75, some $0.170 (0.78%) from the current price of $21.92, our system finds the risk reward attractive.
Is Nexpoint Real Estate Finance, Inc. 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 Nexpoint Real Estate Finance, Inc. stock to perform well in the short-term.
Current score: 3.777 Buy Candidate Unchanged
Predicted Opening Price for Nexpoint Real Estate Finance, Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $21.92 ( 0.0152%) | $21.92 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NREF-PA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 21.93 | 0.0608% |
| R2 | 21.93 | 0.0434% |
| R1 | 21.93 | 0.0326% |
| Price | 21.92 | |
| S1 | 21.92 | -0.0022% |
| S2 | 21.92 | -0.0130% |
| S3 | 21.91 | -0.0304% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 21.92 | |
| S1 | 21.75 | -0.776% |
| S2 | 21.63 | -1.32% |
| S3 | 21.24 | -3.13% |
NREF-PA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 15, 2024 | Jul 15, 2024 | Jul 25, 2024 | $0.531 | 2.42% |
| 2 | Apr 12, 2024 | Apr 12, 2024 | Apr 25, 2024 | $0.531 | 2.49% |
| 3 | Jan 11, 2024 | Jan 11, 2024 | Jan 25, 2024 | $0.531 | 2.53% |
| 4 | Oct 12, 2023 | Oct 12, 2023 | Oct 25, 2023 | $0.531 | 2.82% |
| 5 | Jul 12, 2023 | Jul 12, 2023 | Jul 25, 2023 | $0.531 | 2.56% |
FAQ
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