Stratus Properties 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
Stratus Properties stock price ended at $22.68 on Tuesday, after losing 0.0881%.
(Updated on Apr 30, 2024)
The Stratus Properties stock price fell by -0.0881% on the last day (Tuesday, 30th Apr 2024) from $22.70 to $22.68. During the last trading day the stock fluctuated 0.243% from a day low at $22.63 to a day high of $22.68. The price has been going up and down for this period, and there has been a 1.75% gain for the last 2 weeks. Volume has increased on the last day by 2 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, 3 thousand shares were bought and sold for approximately $72.24 thousand.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Stratus Properties stock with a 90% probability to be traded between $20.88 and $23.36 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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STRS Signals & Forecast
The Stratus Properties 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 $22.61 and $22.45. 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 Thursday, February 15, 2024, and so far it has fallen -3.49%. Further fall is indicated until a new bottom pivot has been found. Stratus Properties 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". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Wednesday, April 17, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Wednesday, April 17, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Stratus Properties stock
Stratus Properties finds support from accumulated volume at $22.50 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0550 between high and low, or 0.243%. For the last week the stock has had daily average volatility of 0.96%.
Our recommended stop-loss: $21.56 (-4.96%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 51 days ago.)
Trading Expectations (STRS) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect Stratus Properties to open at $22.66, and during the day (based on 14 day Average True Range), to move between $22.30 and $23.06, which gives a possible trading interval of +/-$0.378 (+/-1.67%) up or down from last closing price. If Stratus Properties takes out the full calculated possible swing range there will be an estimated 3.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $22.50 (0.79%) than the resistance at $23.10 (1.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Stratus Properties stock A Buy?
Stratus Properties holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.193 Hold/Accumulate Unchanged
Predicted Opening Price for Stratus Properties of Wednesday, May 1, 2024
| Fair opening price May 1, 2024 | Current price |
|---|---|
| $22.66 ( 0.0808%) | $22.68 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STRS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 22.72 | 0.162 % | |
| R2 | 22.70 | 0.0690 % | ||
| R1 | 22.68 | 0.0118 % | ||
| Current price: | 22.68 | |||
| Support | S1 | 22.64 | -0.173 % | |
| S2 | 22.63 | -0.231 % | ||
| S3 | 22.61 | -0.323 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 24.20 | 6.70 % | |
| R2 | 23.50 | 3.62 % | ||
| R1 | 23.10 | 1.85 % | ||
| Current price | 22.68 | |||
| Support | S1 | 22.50 | -0.794% | |
| S2 | 22.02 | -2.91% | ||
| S3 | 21.80 | -3.88% |
STRS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 02, 2022 | Sep 16, 2022 | Sep 29, 2022 | $4.67 | 19.83% |
| 2 | Mar 15, 2017 | Mar 29, 2017 | Apr 18, 2017 | $1.00 | 3.43% |
FAQ
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