Dillard's Capital Trust I Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Red day on Thursday for Dillard's Capital Trust I
(Updated on Apr 18, 2024)
The Dillard's Capital Trust I stock price fell by -0.507% on the last day (Thursday, 18th Apr 2024) from $25.65 to $25.52. During the last trading day the stock fluctuated 0.666% from a day low at $25.52 to a day high of $25.69. The price has been going up and down for this period, and there has been a -1.81% loss for the last 2 weeks. Volume has increased on the last day by 3 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, 9 thousand shares were bought and sold for approximately $217.02 thousand.
The stock has broken the narrow and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $25.53 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.
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DDT Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. 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. 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 $25.71 and $26.01. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Thursday, June 01, 2023 in the long-term chart.
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 Thursday, June 01, 2023 in the long-term chart.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
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 $0.170 between high and low, or 0.666%. For the last week the stock has had daily average volatility of 0.620%.
Our recommended stop-loss: $24.21 (-5.14%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (DDT) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Dillard's Capital Trust I to open at $25.58, and during the day (based on 14 day Average True Range), to move between $25.30 and $25.74, which gives a possible trading interval of +/-$0.217 (+/-0.85%) 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 1.70% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $25.73, some $0.210 (0.82%) from the current price of $25.52, our system finds the risk reward not very attractive.
Is Dillard's Capital Trust I stock A Buy?
Dillard's Capital Trust I holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.508 Hold/Accumulate Unchanged
Predicted Opening Price for Dillard's Capital Trust I of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $25.58 ( 0.222%) | $25.52 |
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 | 25.75 | 0.89 % | |
| R2 | 25.68 | 0.634 % | ||
| R1 | 25.64 | 0.477 % | ||
| Current price: | 25.52 | |||
| Support | S1 | 25.51 | -0.0324 % | |
| S2 | 25.47 | -0.190 % | ||
| S3 | 25.41 | -0.444 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.00 | 1.88 % | |
| R2 | 25.92 | 1.57 % | ||
| R1 | 25.73 | 0.82 % | ||
| Current price | 25.52 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
DDT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 07, 2024 | Apr 15, 2024 | May 01, 2024 | $0.469 | 1.84% |
| 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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