Neuberger Berman Real Estate Sec Inc Fd Stock Forecast
Weaker technical forecast for Neuberger Berman Real Estate Sec Inc Fd as stock downgraded to Sell Candidate.
(Updated on Apr 24, 2024)
No changes to the price of Neuberger Berman Real Estate Sec Inc Fd stock on the last trading day (Wednesday, 24th Apr 2024). During the last trading day the stock fluctuated 0.96% from a day low at $3.14 to a day high of $3.17. The price has fallen in 5 of the last 10 days and is down by -3.67% for this period.
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 -6.73% during the next 3 months and, with a 90% probability hold a price between $2.78 and $3.07 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
NRO Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 5.00%. 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 Neuberger Berman Real Estate Sec Inc Fd 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 $3.22. On a fall, the stock will find some support from the short-term average at $3.07. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".
Support, Risk & Stop-loss for Neuberger Berman Real Estate Sec Inc Fd stock
Neuberger Berman Real Estate Sec Inc Fd finds support from accumulated volume at $3.07 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 $0.0300 between high and low, or 0.96%. For the last week the stock has had daily average volatility of 1.75%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NRO) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect Neuberger Berman Real Estate Sec Inc Fd to open at $3.15, and during the day (based on 14 day Average True Range), to move between $3.09 and $3.21, which gives a possible trading interval of +/-$0.0571 (+/-1.81%) up or down from last closing price. If Neuberger Berman Real Estate Sec Inc Fd takes out the full calculated possible swing range there will be an estimated 3.63% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $3.07 (2.54%) than the resistance at $3.28 (4.13%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Neuberger Berman Real Estate Sec Inc Fd stock A Buy?
Neuberger Berman Real Estate Sec Inc Fd holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, 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: -2.230 Sell Candidate Downgraded
Predicted Opening Price for Neuberger Berman Real Estate Sec Inc Fd of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| $3.15 ( 0.106%) | $3.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NRO
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.18 | 1.06 % | |
| R2 | 3.17 | 0.694 % | ||
| R1 | 3.16 | 0.470 % | ||
| Current price: | 3.15 | |||
| Support | S1 | 3.14 | -0.258 % | |
| S2 | 3.13 | -0.483 % | ||
| S3 | 3.12 | -0.85 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.33 | 5.71 % | |
| R2 | 3.29 | 4.44 % | ||
| R1 | 3.28 | 4.13 % | ||
| Current price | 3.15 | |||
| Support | S1 | 3.07 | -2.54% | |
| S2 | 3.04 | -3.65% | ||
| S3 | 3.02 | -4.13% |
NRO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Apr 12, 2024 | Apr 30, 2024 | $0.0312 | 0.99% |
| 2 | Feb 29, 2024 | Mar 14, 2024 | Mar 28, 2024 | $0.0312 | 0.93% |
| 3 | Feb 14, 2024 | Feb 14, 2024 | Feb 29, 2024 | $0.0312 | 0.95% |
| 4 | Dec 29, 2023 | Jan 12, 2024 | Jan 31, 2024 | $0.0312 | 0.93% |
| 5 | Nov 30, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.0312 | 0.98% |
FAQ
Click here for our free guide on how to buy Neuberger Berman Real Estate Sec Inc Fd Stock.
