The 15-minute chart of Cohen & Steers has triggered a KDJ Golden Cross and a Bullish Marubozu at 07/14/2025 11:45, indicating a shift in momentum towards the upside and a potential for further price appreciation. The current trend suggests that buyers are in control of the market, and there is a strong likelihood of continued bullish momentum.
Cohen & Steers Select Preferred stock (PSF) has shown positive technical signals on its 15-minute chart, indicating a shift in momentum towards the upside. A KDJ Golden Cross and a Bullish Marubozu were triggered at 07/14/2025 11:45, suggesting a potential for further price appreciation. These signals, combined with the current trend, suggest that buyers are in control of the market, and there is a strong likelihood of continued bullish momentum [1].
The stock has been relatively stable in recent trading days, with a slight increase of 1.9% over the past two weeks. The stock has risen in 5 out of the last 10 days and is expected to rise by 6.60% during the next 3 months, with a 90% probability of holding a price between $21.25 and $21.78 at the end of this period [1]. The stock also holds buy signals from both short and long-term moving averages, with a general buy signal from the relation between the two signals, where the short-term average is above the long-term average [1].
However, the stock is currently extremely overbought on the RSI14 (85), which increases the short-term risk substantially. The recommended stop-loss is $19.64 (-3.41%), and the stock has shown controlled movements with good liquidity, making the risk considered very low in this stock [1].
Cohen & Steers Select Preferred stock is expected to open at $20.33 on Monday, July 14, 2025, with a possible trading interval of +/-$0.128 (+/-0.63%) up or down from the last closing price. The stock is closer to the resistance from accumulated volume at $20.39 (0.30%) than the support at $20.14 (0.93%), making the trading risk/reward intra-day unattractive [1].
In addition to the positive technical signals, Cohen & Steers Select Preferred stock has faced challenges due to rising interest rates, equity and credit market headwinds, and increased competition from private real estate investment vehicles. The firm closed out June 2025 with $88.9 billion in managed assets, up 10.2% year over year but still down 16.6% from a peak of $106.6 billion at the end of December 2021 [2].
References:
[1] https://stockinvest.us/stock/PSF
[2] https://www.morningstar.com/company-reports/1306044-higher-short-term-rates-continue-to-impact-cohen-steers-fund-flows
Comments
No comments yet