US Masters Residential Property Fund Stock Forecast
Red day on Friday for US Masters Residential Property Fund
(Updated on Apr 19, 2024)
The US Masters Residential Property Fund stock price fell by -2.62% on the last day (Friday, 19th Apr 2024) from $0.267 to $0.260. During the last trading day the stock fluctuated 1.92% from a day low at $0.260 to a day high of $0.265. The price has fallen in 4 of the last 10 days and is down by -1.89% for this period. Volume has increased on the last day by 1 million 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, 1 million shares were bought and sold for approximately $346.85 thousand.
The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.257 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -9.44% during the next 3 months and, with a 90% probability hold a price between $0.233 and $0.250 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
URF.AX Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 11, 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 US Masters Residential Property Fund 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 $0.265 and $0.272. A break-up above any of these levels will issue buy signals. US Masters Residential Property Fund 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 US Masters Residential Property Fund 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 $0.0050 between high and low, or 1.92%. For the last week the stock has had daily average volatility of 1.14%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (URF.AX) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect US Masters Residential Property Fund to open at $0.262, and during the day (based on 14 day Average True Range), to move between $0.255 and $0.265, which gives a possible trading interval of +/-$0.0054 (+/-2.08%) up or down from last closing price. If US Masters Residential Property Fund takes out the full calculated possible swing range there will be an estimated 4.15% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.265, some $0.0050 (1.92%) from the current price of $0.260, our system finds the risk reward not very attractive.
Is US Masters Residential Property Fund stock A Buy?
US Masters Residential Property Fund holds several negative signals and is within a 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: -3.100 Sell Candidate Unchanged
Predicted Opening Price for US Masters Residential Property Fund of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $0.262 ( 0.641%) | $0.260 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for URF.AX
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.267 | 2.56 % | |
| R2 | 0.265 | 1.83 % | ||
| R1 | 0.264 | 1.38 % | ||
| Current price: | 0.260 | |||
| Support | S1 | 0.260 | -0.0936 % | |
| S2 | 0.259 | -0.547 % | ||
| S3 | 0.257 | -1.28 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.275 | 5.77 % | |
| R2 | 0.270 | 3.85 % | ||
| R1 | 0.265 | 1.92 % | ||
| Current price | 0.260 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
URF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 08, 2024 | Mar 08, 2024 | Apr 05, 2024 | $0.0100 | 3.77% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | $0.0100 | 3.33% |
| 3 | Jun 12, 2019 | Jun 27, 2019 | Aug 23, 2019 | $0.0100 | 1.25% |
| 4 | Jan 16, 2019 | Jan 21, 2019 | Feb 05, 2019 | $0.0500 | 3.85% |
| 5 | Jun 25, 2018 | Jun 28, 2018 | Aug 03, 2018 | $0.0500 | 3.45% |
FAQ
Click here for our free guide on how to buy US Masters Residential Property Fund Stock.
