VBI Vaccines Inc. Stock Forecast
VBI Vaccines Inc. stock downgraded to Sell Candidate
(Updated on Apr 25, 2024)
The VBI Vaccines Inc. stock price gained 1.59% on the last trading day (Thursday, 25th Apr 2024), rising from $0.590 to $0.599. During the last trading day the stock fluctuated 6.35% from a day low at $0.564 to a day high of $0.600. The price has risen in 5 of the last 10 days but is still down by -0.1% for this period. Volume fell on the last day by -12 thousand shares and in total, 119 thousand shares were bought and sold for approximately $71.10 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.576 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.63% during the next 3 months and, with a 90% probability hold a price between $0.561 and $0.89 at the end of this 3-month period.
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VBIV Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 12, 2024, and so far it has risen 3.34%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The VBI Vaccines Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.610 and $0.618. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for VBI Vaccines Inc. stock
VBI Vaccines Inc. finds support from accumulated volume at $0.580 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0358 between high and low, or 6.35%. For the last week the stock has had daily average volatility of 7.83%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VBIV) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect VBI Vaccines Inc. to open at $0.588, and during the day (based on 14 day Average True Range), to move between $0.517 and $0.682, which gives a possible trading interval of +/-$0.0829 (+/-13.82%) up or down from last closing price. If VBI Vaccines Inc. takes out the full calculated possible swing range there will be an estimated 27.65% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.580 (3.24%) than the resistance at $0.660 (10.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is VBI Vaccines Inc. stock A Buy?
VBI Vaccines Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.140 Sell Candidate Downgraded
Predicted Opening Price for VBI Vaccines Inc. of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $0.588 ( 1.92%) | $0.599 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VBIV
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.624 | 4.05 % | |
| R2 | 0.610 | 1.77 % | ||
| R1 | 0.602 | 0.357 % | ||
| Current price: | 0.599 | |||
| Support | S1 | 0.574 | -4.21 % | |
| S2 | 0.566 | -5.62 % | ||
| S3 | 0.552 | -7.90 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.700 | 16.78 % | |
| R2 | 0.668 | 11.48 % | ||
| R1 | 0.660 | 10.11 % | ||
| Current price | 0.599 | |||
| Support | S1 | 0.580 | -3.24% | |
| S2 | 0.576 | -3.90% | ||
| S3 | 0.565 | -5.74% |
VBIV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 02, 2012 | Apr 02, 2012 | Apr 02, 2012 | $0.250 | 0.0302% |
| 2 | Jan 12, 2006 | Jan 12, 2006 | Jan 12, 2006 | $0.750 | 16.73% |
| 3 | Dec 18, 2003 | Dec 18, 2003 | Dec 18, 2003 | $0.250 | 7.25% |
FAQ
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