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.
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Plymouth Industrial REIT, Inc stock price up 1.76% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 1.76% PDF

The Plymouth Industrial REIT, Inc stock price gained 1.76% on the last trading day (Thursday, 28th Mar 2024), rising from $22.11 to $22.50. During the last trading day the stock fluctuated 1.46% from a day low at $22.19 to a day high of $22.51. The price has risen in 6 of the last 10 days and is up by 4.02% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 145 thousand more shares were traded than the day before. In total, 316 thousand shares were bought and sold for approximately $7.11 million.

Given the current short-term trend, the stock is expected to fall -7.75% during the next 3 months and, with a 90% probability hold a price between $19.02 and $20.76 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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PLYM Signals & Forecast

Mostly positive signals in the chart today. The Plymouth Industrial REIT, 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 $22.15 and $21.88. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 5.78%. 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 is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Plymouth Industrial REIT, Inc stock

Plymouth Industrial REIT, Inc finds support from accumulated volume at $21.73 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 $0.325 between high and low, or 1.46%. For the last week the stock has had daily average volatility of 1.32%.

Our recommended stop-loss: $21.23 (-5.64%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 21 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Plymouth Industrial REIT, Inc to open at $22.40, and during the day (based on 14 day Average True Range), to move between $22.12 and $22.88, which gives a possible trading interval of +/-$0.384 (+/-1.70%) up or down from last closing price. If Plymouth Industrial REIT, Inc takes out the full calculated possible swing range there will be an estimated 3.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $22.98 (2.13%) than the support at $21.73 (3.42%), 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 Plymouth Industrial REIT, Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.134 Buy Candidate Unchanged

Predicted Opening Price for Plymouth Industrial REIT, Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$22.40 ( 0.452%) $22.50

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

Trading levels for PLYM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 22.72 0.99 %
R2 22.60 0.441 %
R1 22.52 0.0999 %
Current price: 22.50
Support S1 22.27 -1.00 %
S2 22.20 -1.34 %
S3 22.07 -1.90 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 23.53 4.58 %
R2 23.01 2.27 %
R1 22.98 2.13 %
Current price 22.50
Support S1 21.73 -3.42%
S2 21.63 -3.87%
S3 21.50 -4.44%

PLYM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Mar 27, 2024 Apr 30, 2024 $0.240 1.07%
2 Dec 15, 2023 Dec 28, 2023 Jan 31, 2024 $0.225 1.02%
3 Sep 15, 2023 Sep 28, 2023 Oct 31, 2023 $0.225 1.13%
4 Jun 15, 2023 Jun 29, 2023 Jul 31, 2023 $0.225 0.99%
5 Feb 22, 2023 Mar 30, 2023 Apr 28, 2023 $0.225 1.11%

FAQ

What is the symbol for Plymouth Industrial REIT, Inc Stock and on which exchange is it traded?
The symbol for Plymouth Industrial REIT, Inc is PLYM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Plymouth Industrial REIT, Inc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Plymouth Industrial REIT, Inc Stock?
Plymouth Industrial REIT, 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 Plymouth Industrial REIT, Inc Stock.

What's the current price of Plymouth Industrial REIT, Inc Stock?
As of the end of day on the 2024-03-28, the price of an Plymouth Industrial REIT, Inc (PLYM) share was $22.50.

What is the 52-week high and low for Plymouth Industrial REIT, Inc Stock?
The 52-week high for Plymouth Industrial REIT, Inc Stock is $25.55 and the 52-week low is $19.21.

What is the market capitalization of Plymouth Industrial REIT, Inc Stock?
As of the 2024-03-28, the market capitalization of Plymouth Industrial REIT, Inc is 1.021B.

When is the next earnings date for Plymouth Industrial REIT, Inc?
The upcoming earnings date for Plymouth Industrial REIT, Inc is May 02, 2024.
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About Plymouth Industrial REIT, Inc

Plymouth Industrial REIT Plymouth Industrial REIT, Inc. is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through ac... PLYM Profile

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