RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UE
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Stronger technical forecast for Urban Edge Properties stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Urban Edge Properties stock price gained 1.35% on the last trading day (Thursday, 28th Mar 2024), rising from $17.04 to $17.27. During the last trading day the stock fluctuated 1.35% from a day low at $17.06 to a day high of $17.29. The price has risen in 7 of the last 10 days and is up by 4.92% over the past 2 weeks. Volume fell on the last day by -19 thousand shares and in total, 917 thousand shares were bought and sold for approximately $15.84 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.

Given the current short-term trend, the stock is expected to fall -7.23% during the next 3 months and, with a 90% probability hold a price between $15.21 and $16.02 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.

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UE Signals & Forecast

Mostly positive signals in the chart today. The Urban Edge Properties stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $16.88 and $17.04. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 5.05%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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.

Support, Risk & Stop-loss for Urban Edge Properties stock

Urban Edge Properties finds support from accumulated volume at $17.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.230 between high and low, or 1.35%. For the last week the stock has had daily average volatility of 2.12%.

Our recommended stop-loss: $16.64 (-3.64%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (UE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Urban Edge Properties to open at $17.21, and during the day (based on 14 day Average True Range), to move between $16.93 and $17.61, which gives a possible trading interval of +/-$0.339 (+/-1.96%) up or down from last closing price. If Urban Edge Properties takes out the full calculated possible swing range there will be an estimated 3.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $17.32 (0.29%) than the support at $17.14 (0.75%), 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 Urban Edge Properties stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.503 Buy Candidate Upgraded

Predicted Opening Price for Urban Edge Properties of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$17.21 ( 0.367%) $17.27

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 17.44 0.97 %
R2 17.35 0.456 %
R1 17.29 0.142 %
Current price: 17.27
Support S1 17.12 -0.88 %
S2 17.06 -1.19 %
S3 16.98 -1.70 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.10 4.81 %
R2 17.52 1.45 %
R1 17.32 0.290 %
Current price 17.27
Support S1 17.14 -0.753%
S2 17.07 -1.16%
S3 16.95 -1.85%

UE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 13, 2024 Mar 14, 2024 Mar 29, 2024 $0.170 0.98%
2 Nov 02, 2023 Dec 14, 2023 Dec 29, 2023 $0.160 0.87%
3 Aug 03, 2023 Sep 14, 2023 Sep 29, 2023 $0.160 1.05%
4 May 22, 2023 Jun 14, 2023 Jun 30, 2023 $0.160 1.04%
5 Feb 28, 2023 Mar 14, 2023 Mar 31, 2023 $0.160 1.06%

FAQ

What is the symbol for Urban Edge Properties Stock and on which exchange is it traded?
The symbol for Urban Edge Properties is UE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Urban Edge Properties Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Urban Edge Properties Stock?
Urban Edge Properties Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Urban Edge Properties Stock.

What's the current price of Urban Edge Properties Stock?
As of the end of day on the 2024-03-28, the price of an Urban Edge Properties (UE) share was $17.27.

What is the 52-week high and low for Urban Edge Properties Stock?
The 52-week high for Urban Edge Properties Stock is $18.79 and the 52-week low is $13.13.

What is the market capitalization of Urban Edge Properties Stock?
As of the 2024-03-28, the market capitalization of Urban Edge Properties is 2.033B.

When is the next earnings date for Urban Edge Properties?
The upcoming earnings date for Urban Edge Properties is May 07, 2024.
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About Urban Edge Properties

Urban Edge Properties Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.... UE Profile

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