Investors in Highwoods Properties $HIW Look to Price Action for Clues on Trading Strategy

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Investors in Highwoods Properties ($NYSE:HIW) $HIW understand the importance of paying attention to price action when creating a trading strategy. Highwoods Properties is a real estate investment trust based in Raleigh, North Carolina, with a portfolio that spans across the Southeastern and Midwestern United States. The company owns, develops, manages and finances properties within office, industrial, retail and multi-family residential industries. Price action analysis is a critical tool when it comes to formulating an effective trading strategy. This type of analysis relies on the examination of the price movements of an asset over time and can be used to identify potential support and resistance levels. Standard technical analysis approaches such as chart patterns, trendlines, and volume indicators can all help investors to better understand and predict the price action of Highwoods Properties.

By following price action, investors can take advantage of potential trading opportunities as well as manage risk. When examining the price action of Highwoods Properties, investors should look for insight into market sentiment, potential entry and exit points, and potential reversals. These insights can help investors to better understand how the market perceives the company’s performance and prospects going forward. Investors should also keep in mind that there may be other factors affecting the price of Highwoods Properties such as news releases or industry trends. By taking into account all of these factors, investors can create an effective trading strategy that takes into account both long-term goals and short-term trade opportunities.

Share Price

On Wednesday, the stock opened at $24.6 and closed at $24.5, down by 0.8% from the prior closing price of 24.7. This suggests that investors need to be mindful of any potential downward pressure on the stock price. As the week progresses, investors will be carefully examining the performance of $HIW to determine if they should buy, sell, or hold the shares. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Highwoods Properties. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Highwoods Properties. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Highwoods Properties. More…

Key Ratios Snapshot

Some of the financial key ratios for Highwoods Properties are shown below. More…

Analysis

GoodWhale performs an analysis on HIGHWOODS PROPERTIES‘ wellbeing. According to our Star Chart, HIGHWOODS PROPERTIES has a low health score of 2/10 with regard to its cashflows and debt. This means that it is less likely to pay off debt or finance future operations. We classify HIGHWOODS PROPERTIES as a ‘cow’ type of company – one with a track record of paying out consistent and sustainable dividends. Therefore, investors who are in search of a degree of stability and predictability may be interested in such company. We find that HIGHWOODS PROPERTIES is strong in asset, dividend, and profitability, but weak in growth. Investors should keep these strengths and weaknesses in mind when making their investment decision. More…

Peers

The company was founded in 1992 and has since grown to become one of the largest office REITs in the United States. Highwoods owns and operates a portfolio of approximately 86 office properties totaling nearly 20 million square feet, concentrated primarily in the Sunbelt region. Highwoods’ chief competitors in the office REIT space are Piedmont Office Realty Trust Inc., Cousins Properties Inc., and Corporate Office Properties Trust. These companies are all large, publicly traded REITs with substantial portfolios of office properties across the United States.

– Piedmont Office Realty Trust Inc ($NYSE:PDM)

Piedmont Office Realty Trust, Inc. is a publicly traded real estate investment trust that owns, operates, manages, acquires, develops and redevelops high-quality, Class A office properties in select central business districts (“CBDs”) in the United States. As of March 31, 2021, the Company’s portfolio consisted of 109 properties totaling approximately 23.0 million square feet. The Company is an owner and operator of high-quality office assets in some of the most desirable locations in the United States, including Atlanta, Boston, Chicago, Dallas, Denver, Houston, Los Angeles, Minneapolis, New York, San Francisco, Seattle and Washington, D.C.

– Cousins Properties Inc ($NYSE:CUZ)

Cousins Properties Inc is a real estate investment trust that focuses on office buildings in the Sunbelt region of the United States. As of 2022, its market cap is 3.76B. The company owns and operates office buildings, hotels, and retail centers. It also has a development pipeline of office, residential, and mixed-use projects.

– Corporate Office Properties Trust ($NYSE:OFC)

Corporate Office Properties Trust is a real estate investment trust that owns, manages, and develops office properties in the United States. The company’s market cap is $2.98 billion as of 2022. Corporate Office Properties Trust is headquartered in Maryland.

Summary

Investors in Highwoods Properties (HIW) may consider price action to be a tell when it comes to making their investment decisions. Price action analysis requires investors to look at the stock’s price history and compare it to key technical indicators, such as support and resistance levels, trend lines, moving averages, and volume. This type of analysis can help investors to determine the stock’s current trend, identify trading opportunities, and decide when to enter and exit trades.

Technical Analysis can also be used to look for patterns or signals in the stock’s price action that could indicate future price movements. With careful consideration of price action, investors can better understand market sentiment and make better investment decisions.