RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NXRT
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Red day on Friday for NexPoint Residential Trust Inc stock after losing 1.19%
(Updated on Jul 19, 2024)

Buy or Hold candidate since Apr 18, 2024 Gain 30.19% PDF

The NexPoint Residential Trust Inc stock price fell by -1.19% on the last day (Friday, 19th Jul 2024) from $41.28 to $40.79. During the last trading day the stock fluctuated 2.10% from a day low at $40.73 to a day high of $41.59. The price has risen in 6 of the last 10 days and is up by 6.22% over the past 2 weeks. Volume has increased on the last day by 17 thousand 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, 87 thousand shares were bought and sold for approximately $3.55 million.

The stock lies in the middle of a strong 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 19.66% during the next 3 months and, with a 90% probability hold a price between $46.51 and $49.82 at the end of this 3-month period.

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NXRT Signals & Forecast

The NexPoint Residential Trust 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 $40.60 and $38.46. 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). 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, July 17, 2024, and so far it has fallen -1.50%. Further fall is indicated until a new bottom pivot has been found. 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 NexPoint Residential Trust Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $37.17 and $35.80. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, NexPoint Residential Trust Inc finds support just below today's level at $37.17. If this is broken, then the next support from accumulated volume will be at $35.80 and $35.51.

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 $0.86 between high and low, or 2.10%. For the last week, the stock has had daily average volatility of 2.90%.

Our recommended stop-loss: $39.62 (-2.86%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 22 days ago.)

Trading Expectations (NXRT) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect NexPoint Residential Trust Inc to open at $41.04, and during the day (based on 14 day Average True Range), to move between $39.86 and $41.72, which gives a possible trading interval of +/-$0.93 (+/-2.29%) up or down from last closing price. If NexPoint Residential Trust Inc takes out the full calculated possible swing range there will be an estimated 4.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $41.28 (1.20%) than the support at $37.17 (8.87%), 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 NexPoint Residential Trust 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 Residential Trust Inc stock to perform well in the short-term.

Current score: 3.041 Buy Candidate Unchanged

Predicted Opening Price for NexPoint Residential Trust Inc of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$41.04 ( 0.601%) $40.79

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NXRT

Fibonacci Support & Resistance Levels

Level Price
R3 41.89 2.70%
R2 41.56 1.90%
R1 41.36 1.40%
Price 40.79
S1 40.71 -0.200%
S2 40.51 -0.695%
S3 40.18 -1.50%

Accumulated Volume Support & Resistance Levels

Level Price
R3 41.41 1.52%
R2 41.33 1.32%
R1 41.28 1.20%
Price 40.79
S1 37.17 -8.87%
S2 35.80 -12.23%
S3 35.51 -12.94%

NXRT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 30, 2024 Jun 14, 2024 Jun 28, 2024 $0.462 1.17%
2 Feb 20, 2024 Mar 14, 2024 Mar 28, 2024 $0.462 1.44%
3 Oct 31, 2023 Dec 14, 2023 Dec 29, 2023 $0.460 1.34%
4 Jul 25, 2023 Sep 14, 2023 Sep 29, 2023 $0.420 1.31%
5 Apr 25, 2023 Jun 14, 2023 Jun 30, 2023 $0.420 0.92%

FAQ

What is the symbol for NexPoint Residential Trust Inc Stock and on which exchange is it traded?
The symbol for NexPoint Residential Trust Inc is NXRT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell NexPoint Residential Trust Inc Stock?
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 Residential Trust Inc stock to perform well in the short-term.

How to buy NexPoint Residential Trust Inc Stock?
NexPoint Residential Trust Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NexPoint Residential Trust Inc Stock.

What's the current price of NexPoint Residential Trust Inc Stock?
As of the end of day on the Jul 19, 2024, the price of an NexPoint Residential Trust Inc (NXRT) share was $40.79.

What is the 52-week high and low for NexPoint Residential Trust Inc Stock?
The 52-week high for NexPoint Residential Trust Inc Stock is $48.29 and the 52-week low is $26.21.

What is the market capitalization of NexPoint Residential Trust Inc Stock?
As of the Jul 19, 2024, the market capitalization of NexPoint Residential Trust Inc is 1.051B.

When is the next earnings date for NexPoint Residential Trust Inc?
The upcoming earnings date for NexPoint Residential Trust Inc is Jul 30, 2024.
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About NexPoint Residential Trust Inc

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., a... NXRT Profile

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