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.
AI Analysis of BHR
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Green day on Wednesday for Braemar Hotels & Resorts Inc.
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 Gain 0.50% PDF

The Braemar Hotels & Resorts Inc. stock price gained 0.500% on the last trading day (Wednesday, 27th Mar 2024), rising from $2.00 to $2.01. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.59% from a day low at $1.95 to a day high of $2.02. The price has risen in 6 of the last 10 days. Volume fell on the last day by -825 thousand shares and in total, 323 thousand shares were bought and sold for approximately $648.48 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -19.82% during the next 3 months and, with a 90% probability hold a price between $1.43 and $1.76 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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BHR Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 8.65%. 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 Braemar Hotels & Resorts Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $2.11. On a fall, the stock will find some support from the short-term average at $1.95. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Braemar Hotels & Resorts Inc. stock

Braemar Hotels & Resorts Inc. finds support from accumulated volume at $2.00 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0700 between high and low, or 3.59%. For the last week the stock has had daily average volatility of 3.96%.

Our recommended stop-loss: $1.94 (-3.56%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (BHR) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Braemar Hotels & Resorts Inc. to open at $1.99, and during the day (based on 14 day Average True Range), to move between $1.91 and $2.11, which gives a possible trading interval of +/-$0.101 (+/-5.01%) up or down from last closing price. If Braemar Hotels & Resorts Inc. takes out the full calculated possible swing range there will be an estimated 10.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.00 (0.50%) than the resistance at $2.03 (1.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Braemar Hotels & Resorts Inc. stock A Buy?

Braemar Hotels & Resorts Inc. 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: -0.250 Hold/Accumulate Unchanged

Predicted Opening Price for Braemar Hotels & Resorts Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$1.99 ( 0.83%) $2.01

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

Trading levels for BHR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.06 2.65 %
R2 2.04 1.32 %
R1 2.02 0.501 %
Current price: 2.01
Support S1 1.97 -2.16 %
S2 1.95 -2.98 %
S3 1.92 -4.31 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.49 23.88 %
R2 2.40 19.40 %
R1 2.03 1.00 %
Current price 2.01
Support S1 2.00 -0.498%
S2 1.93 -3.98%
S3 1.85 -7.96%

BHR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 15, 2024 $0.0500 2.49%
2 Oct 10, 2023 Dec 28, 2023 Jan 16, 2024 $0.0500 2.21%
3 Jul 11, 2023 Sep 28, 2023 Oct 16, 2023 $0.0500 1.77%
4 Apr 05, 2023 Jun 29, 2023 Jul 17, 2023 $0.0500 1.29%
5 Jan 11, 2023 Mar 30, 2023 Apr 17, 2023 $0.0500 1.30%

FAQ

What is the symbol for Braemar Hotels & Resorts Inc. Stock and on which exchange is it traded?
The symbol for Braemar Hotels & Resorts Inc. is BHR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Braemar Hotels & Resorts Inc. Stock?
Braemar Hotels & Resorts Inc. 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.

How to buy Braemar Hotels & Resorts Inc. Stock?
Braemar Hotels & Resorts 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 Braemar Hotels & Resorts Inc. Stock.

What's the current price of Braemar Hotels & Resorts Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Braemar Hotels & Resorts Inc. (BHR) share was $2.01.

What is the 52-week high and low for Braemar Hotels & Resorts Inc. Stock?
The 52-week high for Braemar Hotels & Resorts Inc. Stock is $4.37 and the 52-week low is $1.79.

What is the market capitalization of Braemar Hotels & Resorts Inc. Stock?
As of the 2024-03-27, the market capitalization of Braemar Hotels & Resorts Inc. is 133.041M.

When is the next earnings date for Braemar Hotels & Resorts Inc.?
The upcoming earnings date for Braemar Hotels & Resorts Inc. is May 07, 2024.
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About Braemar Hotels & Resorts Inc.

Braemar Hotels & Resorts. Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.... BHR Profile

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