Senior Housing Properties Trust 6.25% Notes Due 2046 Forecast and Stock Analysis
Technical SNHNL stock analysis for February 15, 2019.
Senior Housing Properties Trust 6.25% Notes Due 2046 gained 0.52% in the last trading day, rising from $25.20 to $25.33 The price has risen in 6 of the last 10 days and is up by 2.01% over the past 2 weeks. Volume fell in the last day by -6 248 shares, and in total, 16 265 shares bought and sold for approximately $411 992.00. 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.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the SNHNL stock was $25.33. This is 0.52% more than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 1.67% from a day low at $25.17 to a day high of $25.59.
30 day high of the SNHNL stock price was $25.78 and low was $24.00.
90 day high was $25.78 and low was $20.05.
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 lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.3% during the next 3 months and, with 90% probability hold a price between $23.96 and $28.62 at the end of this period.
Senior Housing Properties Trust 6.25% Notes Due 2046 holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $25.46. On a fall, the stock will find some support from the long-term average at approximately $24.50. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Thursday February 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)
RSI14 is 51 and the stock is currently not being overbought or oversold
Support & Resistance
Senior Housing Properties Trust 6.25% Notes Due 2046 finds support from accumulated volume at $25.32.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stoploss: $23.94 (-5.49%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)
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Evaluation: Buy Candidate
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.