STARWOOD PROPERTY TRUST INC Stock Forecast
STARWOOD PROPERTY TRUST INC stock price up 0.684% on Thursday
(Updated on Apr 18, 2024)
The STARWOOD PROPERTY TRUST INC stock price gained 0.684% on the last trading day (Thursday, 18th Apr 2024), rising from $19.01 to $19.14. During the last trading day the stock fluctuated 1.47% from a day low at $19.02 to a day high of $19.30. The price has risen in 6 of the last 10 days but is still down by -2.5% for this period. Volume fell on the last day by -587 thousand shares and in total, 1 million shares were bought and sold for approximately $24.13 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and 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 -3.36% during the next 3 months and, with a 90% probability hold a price between $17.71 and $19.72 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
STWD Signals & Forecast
There are mixed signals in the stock today. The STARWOOD PROPERTY TRUST INC stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $19.96. On a fall, the stock will find some support from the short-term average at $19.12. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 1.38%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
A buy signal from a double bottom formation was found on Tuesday, April 16, 2024 and based on theory for this formation the price should go up by 12.81% to $21.59 within 43 trading days since signal was issued (Friday, April 19, 2024).
Support, Risk & Stop-loss for STARWOOD PROPERTY TRUST INC stock
STARWOOD PROPERTY TRUST INC finds support from accumulated volume at $19.12 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 $0.280 between high and low, or 1.47%. For the last week, the stock has had daily average volatility of 1.73%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (STWD) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect STARWOOD PROPERTY TRUST INC to open at $19.15, and during the day (based on 14 day Average True Range), to move between $18.76 and $19.52, which gives a possible trading interval of +/-$0.375 (+/-1.96%) up or down from last closing price. If STARWOOD PROPERTY TRUST INC takes out the full calculated possible swing range there will be an estimated 3.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $19.12 (0.10%) than the resistance at $19.78 (3.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is STARWOOD PROPERTY TRUST INC stock A Buy?
STARWOOD PROPERTY TRUST INC 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: -2.671 Sell Candidate Unchanged
Predicted Opening Price for STARWOOD PROPERTY TRUST INC of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $19.15 ( 0.0697%) | $19.14 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STWD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.43 | 1.53 % | |
| R2 | 19.33 | 0.97 % | ||
| R1 | 19.26 | 0.628 % | ||
| Current price: | 19.14 | |||
| Support | S1 | 19.05 | -0.489 % | |
| S2 | 18.98 | -0.83 % | ||
| S3 | 18.87 | -1.39 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 20.39 | 6.53 % | |
| R2 | 20.33 | 6.22 % | ||
| R1 | 19.78 | 3.34 % | ||
| Current price | 19.14 | |||
| Support | S1 | 19.12 | -0.104% | |
| S2 | 19.01 | -0.679% | ||
| S3 | 18.84 | -1.57% |
STWD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 15, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.480 | 2.52% |
| 2 | Dec 15, 2023 | Dec 28, 2023 | Jan 15, 2024 | $0.480 | 2.31% |
| 3 | Sep 15, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.480 | 2.50% |
| 4 | Jun 15, 2023 | Jun 29, 2023 | Jul 17, 2023 | $0.480 | 2.31% |
| 5 | Mar 16, 2023 | Mar 30, 2023 | Apr 14, 2023 | $0.480 | 2.81% |
FAQ
Click here for our free guide on how to buy STARWOOD PROPERTY TRUST INC Stock.
