Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of CMRE-PE will decline by -40.81% over the next 2 Weeks and hit $25.22 by Friday, November 24, 2023. In that time frame, CMRE-PE's share price is expected to range between $25.08 and $25.36.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 24, 2023 | 25.07 | 25.22 | 25.37 |
| Nov 23, 2023 | 25.12 | 25.26 | 25.39 |
| Nov 22, 2023 | 25.16 | 25.28 | 25.41 |
| Nov 21, 2023 | 25.14 | 25.25 | 25.36 |
| Nov 20, 2023 | 25.12 | 25.22 | 25.33 |
| Nov 17, 2023 | 25.09 | 25.19 | 25.30 |
| Nov 16, 2023 | 25.13 | 25.23 | 25.33 |
| Nov 15, 2023 | 25.15 | 25.25 | 25.35 |
| Nov 14, 2023 | 25.12 | 25.22 | 25.31 |
| Nov 13, 2023 | 25.10 | 25.19 | 25.29 |
| Nov 10, 2023 | 25.10 | 25.20 | 25.30 |
| Nov 9, 2023 | 25.06 | 25.16 | 25.25 |
| Nov 8, 2023 | 25.09 | 25.18 | 25.28 |
| Nov 7, 2023 | 25.05 | 25.15 | 25.25 |
CMRE-PE shares rose +3.39% in Wednesday, February 12, 2025's trading session, rising from a previous close of $41.22 to move at $42.61. The stock demonstrated notable intraday movement (see CMRE-PE's key stats for a full breakdown), fluctuating between $42.16 and $42.82, a +1.55% trading range. While recent weeks have seen some volatility, CMRE-PE has managed to secure a -10.96% drop over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 636.67K shares changing hands, 6.13K fewer than the previous session. This amounted to $27.13M in total market activity.
Will CMRE-PE Continue Its Downward Trend?
According to analyst ratings and projections for CMRE-PE, Costamare Inc. shares are anticipated to decrease by -67.99%, potentially reaching $25.37 per share by November 24, 2023. Short-term technical indicators for CMRE-PE currently suggest a bearish sentiment. This aligns with the stock's recent performance, as it has recorded 16 negative trading days within the past 30 sessions. Based on the CMRE-PE stock forecast, now is not the best time to buy CMRE-PE stock because its current trading price is +68.95% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on CMRE-PE covering social and institutional perspectives.
CMRE-PE Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into CMRE-PE's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 50.76% to 55.38%) suggest the stock is in a neutral to slightly bearish momentum phase. The 50-day RSI, at 52.12%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 53.52%, maintains a neutral outlook for the long term. Insights into CMRE-PE's shareholder base show how institutional investors are positioning themselves during these momentum shifts

