Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of SRC-PA will rise by +13.53% over the next 2 Weeks and hit $27.54 by Friday, November 24, 2023. In that time frame, SRC-PA's share price is expected to range between $26.84 and $28.23.
BearishAverageBullishSRC-PA shares rose +0.46% in Monday, January 22, 2024's trading session, rising from a previous close of $24.15 to move at $24.26. The stock demonstrated notable intraday movement (see SRC-PA's key stats for a full breakdown), fluctuating between $24.13 and $24.31, a +0.77% trading range. While recent weeks have seen some volatility, SRC-PA has managed to secure a +1.25% gain over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 2.94K shares changing hands, 609 fewer than the previous session. This amounted to $71.28K in total market activity.
Will SRC-PA Continue Its Upward Trend?
According to analyst ratings and projections for SRC-PA, Spirit Realty Capital, Inc. shares are anticipated to increase by +13.90%, potentially reaching $28.18 per share by November 24, 2023. Short-term technical indicators currently suggest a neutral sentiment for SRC-PA. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 21 positive trading days within the past 30 sessions. Based on the SRC-PA stock forecast, now is a good time to buy SRC-PA stock because its current trading price is -11.91% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on SRC-PA covering social and institutional perspectives.
SRC-PA Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into SRC-PA's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 59.74% to 61.06%) suggest the stock is showing bullish momentum with some volatility. The 50-day RSI, at 56.89%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 53.80%, maintains a neutral outlook for the long term. Insights into SRC-PA's shareholder base show how institutional investors are positioning themselves during these momentum shifts