Based on First Capital's 15-minute chart, a significant technical indicator, the MACD Golden Cross, has been triggered, accompanied by an RSI reading of 07/21/2025 12:15, indicating oversold conditions. This suggests that the stock price is poised to continue its upward trajectory, having experienced a precipitous decline that has brought it below its fundamental support level.
First Capital Real Estate Investment Trust (FCR.UN:CA) has declared a CAD 0.0742/share monthly dividend, aligning with its previous payments. The dividend will be payable on August 15, with shareholders of record required to be on the books by July 31, and the ex-dividend date set for July 31 as well [1]. This consistent dividend payout is a positive sign for income-oriented investors.
However, the stock has been facing technical challenges. On July 18, 2025, the stock price of First Capital Inc (FCAP) ended at $39.01, down by 2.77% from the previous day's close. The stock has shown a downward trend over the past ten days, with a cumulative decline of -10.69% [2]. The stock's price has been fluctuating within a wide and falling trend, and technical indicators suggest further downward movement.
The MACD (Moving Average Convergence Divergence) has issued a buy signal, but this is counteracted by negative signals from short and long-term moving averages. The stock is expected to fall by -14.19% over the next three months, with a 90% probability of the price ranging between $28.40 and $38.95 [2]. Additionally, the RSI (Relative Strength Index) reading at 07/21/2025 12:15 indicates oversold conditions, which may signal a potential rebound.
The upcoming earnings report on July 25, 2025, could provide more insight into the company's financial health and influence the stock's performance. However, the current technical indicators suggest a challenging period ahead for investors.
References:
[1] https://seekingalpha.com/news/4467909-first-capital-real-estate-investment-trust-declares-cad-0_0742-dividend
[2] https://stockinvest.us/stock/FCAP
Comments
No comments yet