RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NYC
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Green day on Tuesday for New York City REIT, Inc. stock after gaining 2.81%
(Updated on Jul 23, 2024)

Sell candidate since Jul 16, 2024 Loss -4.35% PDF

The New York City REIT, Inc. stock price gained 2.81% on the last trading day (Tuesday, 23rd Jul 2024), rising from $8.55 to $8.79. During the last trading day the stock fluctuated 4.11% from a day low at $8.49 to a day high of $8.84. The price has fallen in 6 of the last 10 days and is down by -12.8% for this period. Volume fell on the last day by -71 shares and in total, 754 shares were bought and sold for approximately $6.63 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 very wide and 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 40.96% during the next 3 months and, with a 90% probability hold a price between $11.46 and $15.47 at the end of this 3-month period.

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NYC Signals & Forecast

There are few to no technical positive signals at the moment. The New York City REIT, 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 $8.81 and $9.32. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, July 08, 2024, and so far it has fallen -15.48%. 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 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 New York City REIT, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $8.32 and $8.23. 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, New York City REIT, Inc. finds support just below today's level at $8.32. If this is broken, then the next support from accumulated volume will be at $8.23 and $8.01.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.349 between high and low, or 4.11%. For the last week the stock has had daily average volatility of 9.41%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NYC) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect New York City REIT, Inc. to open at $8.71, and during the day (based on 14 day Average True Range), to move between $8.27 and $9.31, which gives a possible trading interval of +/-$0.520 (+/-5.91%) up or down from last closing price. If New York City REIT, Inc. takes out the full calculated possible swing range there will be an estimated 11.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.22 (4.89%) than the support at $8.32 (5.35%), 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 New York City REIT, Inc. stock A Buy?

The New York City REIT, Inc. stock holds several negative signals and despite the positive trend, we believe New York City REIT, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.685 Sell Candidate Unchanged

Predicted Opening Price for New York City REIT, Inc. of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$8.71 ( 0.95%) $8.79

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

Trading levels for NYC

Fibonacci Support & Resistance Levels

Level Price
R3 9.06 3.02%
R2 8.92 1.50%
R1 8.84 0.564%
Price 8.79
S1 8.57 -2.47%
S2 8.49 -3.41%
S3 8.36 -4.92%

Accumulated Volume Support & Resistance Levels

Level Price
R3 9.40 6.94%
R2 9.40 6.88%
R1 9.22 4.89%
Price 8.79
S1 8.32 -5.35%
S2 8.23 -6.37%
S3 8.01 -8.87%

NYC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2022 Apr 08, 2022 Apr 18, 2022 $0.100 0.0964%

FAQ

What is the symbol for New York City REIT, Inc. Stock and on which exchange is it traded?
The symbol for New York City REIT, Inc. is NYC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell New York City REIT, Inc. Stock?
The New York City REIT, Inc. stock holds several negative signals and despite the positive trend, we believe New York City REIT, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy New York City REIT, Inc. Stock?
New York City REIT, 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 New York City REIT, Inc. Stock.

What's the current price of New York City REIT, Inc. Stock?
As of the end of day on the Jul 23, 2024, the price of an New York City REIT, Inc. (NYC) share was $8.79.

What is the 52-week high and low for New York City REIT, Inc. Stock?
The 52-week high for New York City REIT, Inc. Stock is $10.75 and the 52-week low is $5.46.

What is the market capitalization of New York City REIT, Inc. Stock?
As of the Jul 23, 2024, the market capitalization of New York City REIT, Inc. is 22.048M.

When is the next earnings date for New York City REIT, Inc.?
The upcoming earnings date for New York City REIT, Inc. is Aug 09, 2024.
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About New York City REIT, Inc.

New York City REIT. New York City REIT, Inc. (NYSE: NYC) is a publicly traded real estate investment trust listed on the NYSE that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.... NYC Profile

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