SNHNL Forecast and Technical Stock AnalysisHold candidate since 2019-07-17 Gain 0.36%
Senior Housing Properties Trust 6.25% Notes Due 2046 gained 0.36% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $25.02 to $25.11 , and has now gained 5 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 day the stock fluctuated 1.12% from a day low at $24.90 to a day high of $25.18. The price has risen in 6 of the last 10 days and is up by 2.7% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 3 714 more shares were traded than the day before. In total, 33 446 shares bought and sold for approximately $839 829.00.
- 30 day high of the SNHNL stock price was $25.18 and low was $23.86.
- 90 day high was $25.18 and low was $23.30.
- 52 week high for the Senior Housing Properties Trust 6.25% Notes Due 2046 - $26.62 and low - $20.05.
Senior Housing Properties Trust 6.25% Notes Due 2046 has broken the horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $25.05 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $26.61 sometime during the next 3 months.
Senior Housing Properties Trust 6.25% Notes Due 2046 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 $24.81 and $24.39. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday June 14, 2019, which indicates further gains until a new top pivot has been found. Senior Housing Properties Trust 6.25% Notes Due 2046 has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 68 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 behavior.
Support & Resistance
Senior Housing Properties Trust 6.25% Notes Due 2046 finds support from accumulated volume at $24.73.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.28 (1.12%) between high and low. For the last week, the stock has had a daily average volatility of 0.77%.
Our recommended stoploss: $23.78 (-5.31%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 23 days ago.)
0.77 %Average volatility
Very Low Low Medium High Very High
Senior Housing Properties Trust 6.25% Notes Due 2046 holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.
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