Vasta Platform Limited Stock Forecast
Vasta Platform Limited stock price down 0.267% on Friday
(Updated on Apr 19, 2024)
The Vasta Platform Limited stock price fell by -0.267% on the last day (Friday, 19th Apr 2024) from $3.75 to $3.74. During the last trading day the stock fluctuated 7.16% from a day low at $3.49 to a day high of $3.74. The price has fallen in 7 of the last 10 days and is down by -8.11% for this period. Volume has increased on the last day by 13 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 16 thousand shares were bought and sold for approximately $60.11 thousand.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.36% during the next 3 months and, with a 90% probability hold a price between $3.36 and $3.85 at the end of this 3-month period.
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VSTA Signals & Forecast
There are few to no technical positive signals at the moment. The Vasta Platform Limited 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 $3.78 and $3.90. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -8.76%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Vasta Platform Limited gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Friday, August 18, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Friday, August 18, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Vasta Platform Limited stock
Vasta Platform Limited finds support from accumulated volume at $3.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.250 between high and low, or 7.16%. For the last week, the stock has had daily average volatility of 2.79%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VSTA) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Vasta Platform Limited to open at $3.66, and during the day (based on 14 day Average True Range), to move between $3.61 and $3.87, which gives a possible trading interval of +/-$0.128 (+/-3.42%) up or down from last closing price. If Vasta Platform Limited takes out the full calculated possible swing range there will be an estimated 6.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $3.72 (0.53%) than the resistance at $3.80 (1.60%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Vasta Platform Limited will release earnings BMO on Tuesday, April 23, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.170. We will update the financials statements for Vasta Platform Limited , that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.25% in the first trading day after earnings release.
Is Vasta Platform Limited stock A Buy?
Vasta Platform Limited holds several negative signals and is within a 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.
Current score: -4.884 Sell Candidate Unchanged
Predicted Opening Price for Vasta Platform Limited of Monday, April 22, 2024
Fair opening price April 22, 2024 | Current price |
---|---|
$3.66 ( 2.23%) | $3.74 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VSTA
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 3.91 | 4.46 % | |
R2 | 3.81 | 1.90 % | ||
R1 | 3.75 | 0.325 % | ||
Current price: | 3.74 | |||
Support | S1 | 3.56 | -4.78 % | |
S2 | 3.50 | -6.36 % | ||
S3 | 3.41 | -8.91 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 4.01 | 7.22 % | |
R2 | 3.82 | 2.14 % | ||
R1 | 3.80 | 1.60 % | ||
Current price | 3.74 | |||
Support | S1 | 3.72 | -0.535% | |
S2 | 3.66 | -2.14% | ||
S3 | 0 | . |
FAQ
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