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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.
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United Dominion Realty Trust Inc stock downgraded to Buy Candidate
(Updated on Jun 20, 2024)

Buy or Hold candidate since May 31, 2024 Gain 5.08% PDF

The United Dominion Realty Trust Inc stock price fell by -0.123% on the last day (Thursday, 20th Jun 2024) from $40.63 to $40.58. During the last trading day the stock fluctuated 0.718% from a day low at $40.39 to a day high of $40.68. The price has risen in 7 of the last 10 days and is up by 2.06% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -115 shares and in total, 1 million shares were bought and sold for approximately $46.83 million.

The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $40.69 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 10.70% during the next 3 months and, with a 90% probability hold a price between $42.20 and $45.05 at the end of this 3-month period.

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UDR Signals & Forecast

The United Dominion Realty 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 $40.09 and $39.18. 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 Tuesday, June 18, 2024, and so far it has fallen -0.123%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for United Dominion Realty Trust Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $37.57 and $37.01. 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, United Dominion Realty Trust Inc finds support just below today's level at $37.57. If this is broken, then the next support from accumulated volume will be at $37.01 and $36.64.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.290 (0.718%) between high and low. For the last week, the stock has had daily average volatility of 1.34%.

The United Dominion Realty Trust Inc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $39.21 (-3.37%) (This stock has low daily movements and this gives low risk. The RSI14 is 82 and this increases the risk substantially. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (UDR) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect United Dominion Realty Trust Inc to open at $40.55, and during the day (based on 14 day Average True Range), to move between $39.93 and $41.23, which gives a possible trading interval of +/-$0.650 (+/-1.60%) up or down from last closing price. If United Dominion Realty Trust Inc takes out the full calculated possible swing range there will be an estimated 3.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $40.63 (0.12%) than the support at $37.57 (7.42%), 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 United Dominion Realty 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 United Dominion Realty Trust Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 1.697 Buy Candidate Downgraded

Predicted Opening Price for United Dominion Realty Trust Inc of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$40.55 ( 0.0739%) $40.58

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

Trading levels for UDR

Fibonacci Support & Resistance Levels

Level Price
R3 40.84 0.641%
R2 40.73 0.368%
R1 40.66 0.199%
Price 40.58
S1 40.44 -0.347%
S2 40.37 -0.516%
S3 40.26 -0.789%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 40.63 0.123%
Price 40.58
S1 37.57 -7.42%
S2 37.01 -8.80%
S3 36.64 -9.71%

UDR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 10, 2024 Jul 10, 2024 Jul 31, 2024 $0.425 1.05%
2 Apr 09, 2024 Apr 09, 2024 Apr 30, 2024 $0.425 1.12%
3 Dec 14, 2023 Jan 09, 2024 Jan 31, 2024 $0.420 1.17%
4 Sep 14, 2023 Oct 06, 2023 Oct 31, 2023 $0.420 1.32%
5 Jun 15, 2023 Jul 07, 2023 Jul 31, 2023 $0.420 1.03%

FAQ

What is the symbol for United Dominion Realty Trust Inc Stock and on which exchange is it traded?
The symbol for United Dominion Realty Trust Inc is UDR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell United Dominion Realty 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 United Dominion Realty Trust Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy United Dominion Realty Trust Inc Stock?
United Dominion Realty 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 United Dominion Realty Trust Inc Stock.

What's the current price of United Dominion Realty Trust Inc Stock?
As of the end of day on the Jun 20, 2024, the price of an United Dominion Realty Trust Inc (UDR) share was $40.58.

What is the 52-week high and low for United Dominion Realty Trust Inc Stock?
The 52-week high for United Dominion Realty Trust Inc Stock is $44.02 and the 52-week low is $30.95.

What is the market capitalization of United Dominion Realty Trust Inc Stock?
As of the Jun 20, 2024, the market capitalization of United Dominion Realty Trust Inc is 13.38B.

When is the next earnings date for United Dominion Realty Trust Inc?
The upcoming earnings date for United Dominion Realty Trust Inc is Jul 24, 2024.
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About United Dominion Realty Trust Inc

United Dominion Realty Trust UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S. markets. As of September 30, 2020, UDR owned or had an ownership position in 51,649 apartment homes including 1,031 homes under development. For... UDR Profile

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