Dillard's Capital Trust I Stock Forecast
Dillard's Capital Trust I stock downgraded to Sell Candidate
(Updated on Mar 28, 2024)
The Dillard's Capital Trust I stock price fell by -2.05% on the last day (Thursday, 28th Mar 2024) from $26.27 to $25.73. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.45% from a day low at $25.73 to a day high of $26.36. The price has been going up and down for this period, and there has been a -1.11% loss for the last 2 weeks. Volume has increased on the last day by 26 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, 36 thousand shares were bought and sold for approximately $914.47 thousand.
Given the current short-term trend, the stock is expected to rise 2.06% during the next 3 months and, with a 90% probability hold a price between $26.26 and $27.19 at the end of this 3-month period.
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DDT Signals & Forecast
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 Dillard's Capital Trust I stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $26.36 and $26.08. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -3.23%. Further fall is indicated until a new bottom pivot has been found. Dillard's Capital Trust I 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". The stock had a Golden Star Signal on Tuesday, February 06, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, October 31, 2023.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Tuesday, February 06, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, October 31, 2023.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, February 06, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, October 31, 2023.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Dillard's Capital Trust I stock
Dillard's Capital Trust I finds support from accumulated volume at $25.68 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 $0.630 between high and low, or 2.45%. For the last week the stock has had daily average volatility of 1.27%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DDT) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Dillard's Capital Trust I to open at $25.94, and during the day (based on 14 day Average True Range), to move between $25.47 and $25.99, which gives a possible trading interval of +/-$0.257 (+/-1.00%) up or down from last closing price. If Dillard's Capital Trust I takes out the full calculated possible swing range there will be an estimated 2.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.74 (0.04%) than the support at $25.68 (0.19%), 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 Dillard's Capital Trust I stock A Buy?
The Dillard's Capital Trust I stock holds several negative signals and despite the positive trend, we believe Dillard's Capital Trust I will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.818 Sell Candidate Downgraded
Predicted Opening Price for Dillard's Capital Trust I of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$25.94 ( 0.82%) | $25.73 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DDT
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 26.57 | 3.26 % | |
R2 | 26.33 | 2.33 % | ||
R1 | 26.18 | 1.75 % | ||
Current price: | 25.73 | |||
Support | S1 | 25.70 | -0.119 % | |
S2 | 25.55 | -0.697 % | ||
S3 | 25.31 | -1.63 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 26.09 | 1.40 % | |
R2 | 25.94 | 0.82 % | ||
R1 | 25.74 | 0.0389 % | ||
Current price | 25.73 | |||
Support | S1 | 25.68 | -0.186% | |
S2 | 25.59 | -0.544% | ||
S3 | 25.58 | -0.583% |
DDT Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 07, 2024 | Apr 15, 2024 | May 01, 2024 | $0.469 | 1.81% |
2 | Dec 04, 2023 | Jan 16, 2024 | Feb 01, 2024 | $0.469 | 1.81% |
3 | Sep 13, 2023 | Oct 16, 2023 | Nov 01, 2023 | $0.469 | 1.82% |
4 | May 31, 2023 | Jul 14, 2023 | Aug 01, 2023 | $0.469 | 1.82% |
5 | Mar 06, 2023 | Apr 13, 2023 | May 01, 2023 | $0.469 | 1.83% |
FAQ
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