Postal Realty Trust, Inc. Stock Forecast
Red day on Thursday for Postal Realty Trust, Inc.
(Updated on Jun 20, 2024)
The Postal Realty Trust, Inc. stock price fell by -1.36% on the last day (Thursday, 20th Jun 2024) from $13.25 to $13.07. During the last trading day the stock fluctuated 1.45% from a day low at $13.07 to a day high of $13.26. The price has fallen in 7 of the last 10 days and is down by -3.04% for this period. Volume has increased on the last day by 16 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, 83 thousand shares were bought and sold for approximately $1.09 million.
The stock lies in the lower of a narrow and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $13.00 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.34% during the next 3 months and, with a 90% probability hold a price between $12.17 and $12.66 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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PSTL Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 12, 2024, and so far it has fallen 0%. 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. The Postal Realty Trust, 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 $13.19 and $13.49. A break-up above any of these levels will issue buy signals. Postal Realty Trust, Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Postal Realty Trust, Inc. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.190 between high and low, or 1.45%. For the last week the stock has had daily average volatility of 1.63%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PSTL) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Postal Realty Trust, Inc. to open at $13.13, and during the day (based on 14 day Average True Range), to move between $12.87 and $13.27, which gives a possible trading interval of +/-$0.199 (+/-1.52%) up or down from last closing price. If Postal Realty Trust, Inc. takes out the full calculated possible swing range there will be an estimated 3.04% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $13.30, some $0.230 (1.76%) from the current price of $13.07, our system finds the risk reward not very attractive.
Is Postal Realty Trust, Inc. stock A Buy?
Postal Realty Trust, Inc. holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.106 Sell Candidate Unchanged
Predicted Opening Price for Postal Realty Trust, Inc. of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| $13.13 ( 0.485%) | $13.07 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PSTL
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 13.32 | 1.94% |
| R2 | 13.25 | 1.38% |
| R1 | 13.21 | 1.04% |
| Price | 13.07 | |
| S1 | 13.06 | -0.0707% |
| S2 | 13.02 | -0.414% |
| S3 | 12.94 | -0.97% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 13.73 | 5.05% |
| R2 | 13.34 | 2.07% |
| R1 | 13.30 | 1.76% |
| Price | 13.07 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
PSTL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2024 | May 07, 2024 | May 31, 2024 | $0.240 | 1.79% |
| 2 | Feb 02, 2024 | Feb 15, 2024 | Feb 29, 2024 | $0.240 | 1.68% |
| 3 | Oct 23, 2023 | Oct 31, 2023 | Nov 30, 2023 | $0.238 | 1.70% |
| 4 | Jul 26, 2023 | Aug 04, 2023 | Aug 31, 2023 | $0.238 | 1.65% |
| 5 | Apr 24, 2023 | May 04, 2023 | May 31, 2023 | $0.238 | 1.62% |
FAQ
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