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 BRX
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Brixmor Property Group Inc stock upgraded to Strong Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.77% PDF

The Brixmor Property Group Inc stock price gained 0.774% on the last trading day (Thursday, 28th Mar 2024), rising from $23.27 to $23.45. During the last trading day the stock fluctuated 1.33% from a day low at $23.29 to a day high of $23.60. The price has risen in 6 of the last 10 days and is up by 6.25% over the past 2 weeks. Volume fell on the last day by -550 thousand shares and in total, 2 million shares were bought and sold for approximately $50.72 million. 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 has broken the horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $23.26 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $24.50 sometime during the next 3 months.

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BRX Signals & Forecast

Mostly positive signals in the chart today. The Brixmor Property Group 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 $22.90 and $22.73. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 4.87%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation

Support, Risk & Stop-loss for Brixmor Property Group Inc stock

Brixmor Property Group Inc finds support from accumulated volume at $22.76 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 $0.310 between high and low, or 1.33%. For the last week the stock has had daily average volatility of 2.10%.

Our recommended stop-loss: $22.61 (-3.57%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (BRX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Brixmor Property Group Inc to open at $23.44, and during the day (based on 14 day Average True Range), to move between $22.99 and $23.91, which gives a possible trading interval of +/-$0.461 (+/-1.96%) up or down from last closing price. If Brixmor Property Group Inc takes out the full calculated possible swing range there will be an estimated 3.93% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $22.76, some $0.690 (2.94%) from the current price of $23.45, our system finds the risk reward attractive.

Is Brixmor Property Group Inc stock A Buy?

Brixmor Property Group Inc holds several positive signals and has broken the horizontal trend up. As the stock is in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.096 Strong Buy Candidate Upgraded

Predicted Opening Price for Brixmor Property Group Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$23.44 ( 0.0284%) $23.45

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

Trading levels for BRX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 23.75 1.29 %
R2 23.63 0.789 %
R1 23.56 0.477 %
Current price: 23.45
Support S1 23.32 -0.533 %
S2 23.25 -0.85 %
S3 23.13 -1.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 23.45
Support S1 22.76 -2.94%
S2 22.66 -3.37%
S3 22.47 -4.18%

BRX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 12, 2024 Apr 01, 2024 Apr 15, 2024 $0.273 1.16%
2 Oct 30, 2023 Jan 02, 2024 Jan 16, 2024 $0.270 1.20%
3 Jul 31, 2023 Oct 02, 2023 Oct 16, 2023 $0.260 1.27%
4 May 01, 2023 Jul 03, 2023 Jul 17, 2023 $0.260 1.15%
5 Feb 13, 2023 Apr 03, 2023 Apr 17, 2023 $0.260 1.25%

FAQ

What is the symbol for Brixmor Property Group Inc Stock and on which exchange is it traded?
The symbol for Brixmor Property Group Inc is BRX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Brixmor Property Group Inc Stock?
Brixmor Property Group Inc holds several positive signals and has broken the horizontal trend up. As the stock is in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Brixmor Property Group Inc Stock?
Brixmor Property Group 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 Brixmor Property Group Inc Stock.

What's the current price of Brixmor Property Group Inc Stock?
As of the end of day on the 2024-03-28, the price of an Brixmor Property Group Inc (BRX) share was $23.45.

What is the 52-week high and low for Brixmor Property Group Inc Stock?
The 52-week high for Brixmor Property Group Inc Stock is $24.47 and the 52-week low is $19.40.

What is the market capitalization of Brixmor Property Group Inc Stock?
As of the 2024-03-28, the market capitalization of Brixmor Property Group Inc is 7.065B.

When is the next earnings date for Brixmor Property Group Inc?
The upcoming earnings date for Brixmor Property Group Inc is May 06, 2024.
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About Brixmor Property Group Inc

Brixmor Property Group Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 395 retail centers comprise approximately 69 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving nationa... BRX Profile

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