Previous Hold Today SRG ranks #2651 as HOLD CANDIDATE. Next Hold
Today SRG ranks #2651 as HOLD CANDIDATE.

SRG stock Seritage Growth Properties

SRG stock
Seritage Growth Properties

April 18, 2019
Change 1.14%
Chart period: 2019-01-22 - 2019-04-18
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

Social Sentiment for SRG

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.85

Will SRG stock price go up or down on Mon, 22 Apr 2019?

Seritage Growth Properties Forecast and Stock Analysis

Technical SRG stock analysis for April 18, 2019.

Hold candidate since 2019-04-18
Shorts 51.43% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 1.65
ROA -2.77

Seritage Growth Properties gained 1.14% in the last trading day, rising from $43.74 to $44.24 The price has fallen in 6 of the last 10 days and is down by -4.01% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 33 674 more shares were traded than the day before. In total, 179 825 shares bought and sold for approximately $7.96 million.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the SRG stock was $44.24. This is 1.14% more than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 1.81% from a day low at $43.64 to a day high of $44.43.

30 day high of the SRG stock price was $46.74 and low was $43.33.
90 day high was $47.11 and low was $37.52.
52 week high for the Seritage Growth Properties - $51.89 and low - $30.60.

Trend

Seritage Growth Properties lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $43.84 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 14.12% during the next 3 months and, with 90% probability hold a price between $50.03 and $56.00 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Wednesday April 17, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Seritage Growth Properties holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $44.75 and $45.13. A break-up above any of these levels will issue buy signals.

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Relative Strength Index (RSI)

RSI14 is 49 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Seritage Growth Properties finds support from accumulated volume at $43.21.

Support: $43.21 Price: $44.24 Resistance: $44.43

Risk

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 $0.79 (1.81%) between high and low. For the last week, the stock has had a daily average volatility of 2.25%.

Our recommended stoploss: $41.68 (-5.80%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Seritage Growth Properties holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Previous Hold Today SRG ranks #2651 as HOLD CANDIDATE. Next Hold
Today SRG ranks #2651 as HOLD CANDIDATE.