RIF Forecast and Technical Stock Analysis
Buy candidate since 2019-08-15 Gain 1.04%
Rmr Real Estate Income Fund gained 1.04% in the last trading day ( Friday, 16th Aug 2019 ), rising from $19.29 to $19.49 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 0.98% from a day low at $19.32 to a day high of $19.51. The price has risen in 5 of the last 10 days and is up by 2.47% over the past 2 weeks. Volume fell in the last day by -5 370 shares and in total, 11 547 shares bought and sold for approximately $225 051.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the RIF stock price was $19.55 and low was $18.34.
- 90 day high was $19.55 and low was $17.91.
- 52 week high for Rmr Real Estate Income Fund - $19.55 and low - $14.53.
Rmr Real Estate Income Fund lies in the upper part of a weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $19.58 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 3.07% during the next 3 months and, with 90% probability hold a price between $18.97 and $20.18 at the end of this period.
Rmr Real Estate Income Fund holds buy signals from both short- and long-term moving averages. In addition, 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 $19.39 and $18.94. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday August 14, 2019, which indicates further gains 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 65 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Rmr Real Estate Income Fund finds support from accumulated volume at $19.04.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $18.56 (-4.75%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)
1.31 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!