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ABR_peArbor Realty Trust Inc Preferred Series E

NYSEDaily chart
Range low retest · 27 Jun 2022

ABR_pe slipped below its $21.30 – $23.83 range and came back to test the low on 27 Jun 2022.

Range low
$21.30
support
Range high
$23.83
12% above the low
In the range since
Feb 2022
5 mo
Close on retest day
$20.37
4% below the range low
  • 2 sideways ranges found since 2022.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
11 Oct 2022Still open——
18 Feb 202214 Jul 2022 · 5 moBroke below the range at $19.4027 Jun 2022

Retest signals

  • 27 Jun 2022 · 4 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.