17-Jan-2025
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Real estate stocks bounce back to green, outperform broader markets
Seeking Alpha News (Sat, 18-Jan 12:00 PM ET)
The SPDR Dow Jones REIT ETF before expenses seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index (ticker: DWRTFT).
SPDR Dow Jones REIT ETF trades on the ARCA stock market under the symbol RWR.
As of January 17, 2025, RWR stock price declined to $98.44 with 284,638 million shares trading.
RWR has a market cap of $1.82 billion. This is considered a Small Cap stock.
In the last 3 years, RWR traded as high as $122.07 and as low as $76.73.
RWR has underperformed the market in the last year with a price return of +8.7% while the SPY ETF gained +28.0%. RWR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.3% and -0.7%, respectively, while the SPY returned +3.0% and +1.0%, respectively.
RWR support price is $97.46 and resistance is $100.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RWR shares will trade within this expected range on the day.