Brandywine Realty Trust Stock Forecast
Brandywine Realty Trust stock price down 2.44% on Thursday
(Updated on Apr 25, 2024)
The Brandywine Realty Trust stock price fell by -2.44% on the last day (Thursday, 25th Apr 2024) from $4.51 to $4.40. During the last trading day the stock fluctuated 1.83% from a day low at $4.36 to a day high of $4.44. The price has fallen in 6 of the last 10 days and is down by -2% for this period. Volume has increased on the last day by 508 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, 2 million shares were bought and sold for approximately $6.66 million.
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 Brandywine Realty Trust stock with a 90% probability to be traded between $4.07 and $4.92 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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BDN Signals & Forecast
There are few to no technical positive signals at the moment. The Brandywine Realty Trust 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 $4.40 and $4.46. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -8.33%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Brandywine Realty Trust stock
Brandywine Realty Trust finds support from accumulated volume at $4.27 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0800 between high and low, or 1.83%. For the last week, the stock has had daily average volatility of 3.26%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BDN) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Brandywine Realty Trust to open at $4.40, and during the day (based on 14 day Average True Range), to move between $4.23 and $4.57, which gives a possible trading interval of +/-$0.173 (+/-3.93%) up or down from last closing price. If Brandywine Realty Trust takes out the full calculated possible swing range there will be an estimated 7.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $4.27 (2.95%) than the resistance at $4.56 (3.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Brandywine Realty Trust stock A Buy?
Brandywine Realty Trust holds several negative signals and is within a wide 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: -3.332 Sell Candidate Unchanged
Predicted Opening Price for Brandywine Realty Trust of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $4.40 ( 0%) | $4.40 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BDN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.48 | 1.82 % | |
| R2 | 4.45 | 1.12 % | ||
| R1 | 4.43 | 0.695 % | ||
| Current price: | 4.40 | |||
| Support | S1 | 4.37 | -0.695 % | |
| S2 | 4.35 | -1.12 % | ||
| S3 | 4.32 | -1.82 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.74 | 7.73 % | |
| R2 | 4.71 | 7.05 % | ||
| R1 | 4.56 | 3.64 % | ||
| Current price | 4.40 | |||
| Support | S1 | 4.27 | -2.95% | |
| S2 | 4.17 | -5.23% | ||
| S3 | 4.12 | -6.36% |
BDN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 03, 2024 | Apr 03, 2024 | Apr 18, 2024 | $0.150 | 3.54% |
| 2 | Dec 05, 2023 | Jan 03, 2024 | Jan 18, 2024 | $0.150 | 3.02% |
| 3 | Sep 20, 2023 | Oct 03, 2023 | Oct 18, 2023 | $0.150 | 3.65% |
| 4 | May 25, 2023 | Jul 05, 2023 | Jul 20, 2023 | $0.190 | 4.02% |
| 5 | Feb 16, 2023 | Apr 04, 2023 | Apr 19, 2023 | $0.190 | 4.30% |
FAQ
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