New York Community Capital Trust V Trust Forecast

New York Community Capital Trust V trust price ended at $32.05 on Thursday, after losing 0%.
(Updated on Jun 27, 2024)

NYCB-PU Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the trust should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. The New York Community Capital Trust V trust 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 $32.08 and $33.09. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -8.69%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for New York Community Capital Trust V trust

New York Community Capital Trust V finds support from accumulated volume at $32.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the trust tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the trust moved $0.190 between high and low, or 0.595%. For the last week the trust has had daily average volatility of 1.31%.

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

Trading Expectations (NYCB-PU) For The Upcoming Trading Day Of Friday 28th

For the upcoming trading day on Friday, 28th we expect New York Community Capital Trust V Bonuses Unit to open at $32.05, and during the day (based on 14 day Average True Range), to move between $31.37 and $32.73, which gives a possible trading interval of +/-$0.679 (+/-2.12%) up or down from last closing price. If New York Community Capital Trust V Bonuses Unit takes out the full calculated possible swing range there will be an estimated 4.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $32.00 (0.16%) than the resistance at $32.20 (0.47%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is New York Community Capital Trust V Bonuses Unit trust A Buy?

The New York Community Capital Trust V trust holds several negative signals and despite the positive trend, we believe New York Community Capital Trust V will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this trust.

Current score: -3.319 Sell Candidate Unchanged

Predicted Opening Price for New York Community Capital Trust V Bonuses Unit of Friday, June 28, 2024

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