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AKR Stock Tickeron detected bullish Stock Pattern: Broadening Top AKR on October 15, 2024, netting in a 5.30% gain over 1 month

A.I.dvisor
at Tickeron.com
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+5.30% Gain from a Successful pattern Broadening Top
AKR - Acadia Realty Trust
Tickeron
Ticker: AKR
Company: Acadia Realty Trust
Gain: +5.3%
Confirmed: 10/15/24
Succeeded: 11/26/24
Total length: 42 days
On October 15, 2024, A.I.dvisor detected a Broadening Top Pattern (Bullish) for Acadia Realty Trust (AKR, $24.34). On October 15, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $26.01. 42 days later, on November 26, 2024, AKR reached the target price resulting in a for traders who took a long position in the stock.

Aroon Indicator for AKR shows an upward move is likely

AKR's Aroon Indicator triggered a bullish signal on December 10, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 266 similar instances where the Aroon Indicator showed a similar pattern. In of the 266 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 56 cases where AKR's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AKR advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for AKR moved out of overbought territory on November 29, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AKR as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for AKR turned negative on December 04, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AKR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AKR broke above its upper Bollinger Band on November 27, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AKR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AKR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.061) is normal, around the industry mean (1.982). P/E Ratio (84.300) is within average values for comparable stocks, (62.378). Projected Growth (PEG Ratio) (4.696) is also within normal values, averaging (7.058). Dividend Yield (0.043) settles around the average of (0.068) among similar stocks. P/S Ratio (4.744) is also within normal values, averaging (7.099).

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General Information

a redeveloper of management services of retail properties

Industry RealEstateInvestmentTrusts

Profile
Fundamentals
Details
Industry
Real Estate Investment Trusts
Address
411 Theodore Fremd Avenue
Phone
+1 914 288-8100
Employees
117
Web
https://www.acadiarealty.com