Schroder Real Estate Investment Trust Stock Forecast
Schroder Real Estate Investment Trust stock price ended at £43.50 on Monday, after losing 0.229%.
(Updated on Apr 15, 2024)
The Schroder Real Estate Investment Trust stock price fell by -0.229% on the last day (Monday, 15th Apr 2024) from £43.60 to £43.50. During the last trading day the stock fluctuated 2.30% from a day low at £43.50 to a day high of £44.50. The price has been going up and down for this period, and there has been a 3.82% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 thousand shares and in total, 725 thousand shares were bought and sold for approximately £31.54 million.
The stock lies in the middle of a 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 -3.63% during the next 3 months and, with a 90% probability hold a price between £39.31 and £42.81 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.
SREI.L Signals & Forecast
The Schroder Real Estate Investment Trust stock holds a sell 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 giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £43.83. On a fall, the stock will find some support from the long-term average at approximately £42.70. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -2.25%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Schroder Real Estate Investment Trust stock
Schroder Real Estate Investment Trust finds support from accumulated volume at £43.15 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £1.00 between high and low, or 2.30%. For the last week, the stock has had daily average volatility of 2.76%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SREI.L) For The Upcoming Trading Day Of Tuesday 16th
For the upcoming trading day on Tuesday, 16th we expect Schroder Real Estate Investment Trust Limited to open at £43.83, and during the day (based on 14 day Average True Range), to move between £42.06 and £44.94, which gives a possible trading interval of +/-£1.44 (+/-3.31%) up or down from last closing price. If Schroder Real Estate Investment Trust Limited takes out the full calculated possible swing range there will be an estimated 6.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £43.75 (0.57%) than the support at £43.15 (0.80%), 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 Schroder Real Estate Investment Trust Limited stock A Buy?
Schroder Real Estate Investment Trust 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.
Current score: -1.751 Sell Candidate Unchanged
Predicted Opening Price for Schroder Real Estate Investment Trust Limited of Tuesday, April 16, 2024
| Fair opening price April 16, 2024 | Current price |
|---|---|
| £43.83 ( 0.766%) | £43.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SREI.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 44.83 | 3.07 % | |
| R2 | 44.45 | 2.19 % | ||
| R1 | 44.22 | 1.64 % | ||
| Current price: | 43.50 | |||
| Support | S1 | 43.45 | -0.112 % | |
| S2 | 43.22 | -0.654 % | ||
| S3 | 42.83 | -1.53 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 45.10 | 3.68 % | |
| R2 | 44.00 | 1.15 % | ||
| R1 | 43.75 | 0.575 % | ||
| Current price | 43.50 | |||
| Support | S1 | 43.15 | -0.80% | |
| S2 | 43.00 | -1.15% | ||
| S3 | 42.00 | -3.45% |
SREI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 07, 2024 | Mar 07, 2024 | Mar 28, 2024 | £0.84 | 2.00% |
| 2 | Nov 30, 2023 | Nov 30, 2023 | Nov 30, 2023 | £0.0084 | 0.0193% |
| 3 | Aug 03, 2023 | Aug 03, 2023 | Aug 03, 2023 | £0.84 | 1.92% |
| 4 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | £0.84 | 1.90% |
| 5 | Feb 03, 2023 | Feb 16, 2023 | Mar 07, 2023 | £0.82 | 1.79% |
FAQ
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