Vinci Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Vinci stock price down 0% on Thursday
(Updated on Aug 08, 2019)
No changes to the price of Vinci stock on the last trading day (Thursday, 8th Aug 2019). During the last trading day the stock fluctuated 0% from a day low at £90.37 to a day high of £90.37. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock has broken the narrow and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at £90.39. A reaction back to this level may hold a second chance to get out before further falls.
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0IQI.L Signals & Forecast
There are mixed signals in the stock today. The Vinci 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 £90.37 and £90.45. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Thursday, June 27, 2019, and so far it has risen 0.85%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Vinci stock
Vinci finds support from accumulated volume at £89.55 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: £85.10 (-5.83%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)
Trading Expectations (0IQI.L) For The Upcoming Trading Day Of Friday 9th
For the upcoming trading day on Friday, 9th we expect Vinci to open at £90.37, and during the day (based on 14 day Average True Range), to move between £90.00 and £90.74, which gives a possible trading interval of +/-£0.367 (+/-0.41%) up or down from last closing price. If Vinci takes out the full calculated possible swing range there will be an estimated 0.81% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £91.17 (0.89%) than the support at £89.55 (0.91%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Vinci stock A Buy?
Vinci holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.689 Hold/Accumulate Unchanged
Predicted Opening Price for Vinci of Friday, August 9, 2019
| Fair opening price August 9, 2019 | Current price |
|---|---|
| £90.37 ( 0%) | £90.37 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0IQI.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 90.37 | . | |
| R2 | 90.37 | . | ||
| R1 | 90.37 | . | ||
| Current price: | 90.37 | |||
| Support | S1 | 90.37 | . | |
| S2 | 90.37 | . | ||
| S3 | 90.37 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 92.35 | 2.19 % | |
| R2 | 91.95 | 1.75 % | ||
| R1 | 91.17 | 0.89 % | ||
| Current price | 90.37 | |||
| Support | S1 | 89.55 | -0.91% | |
| S2 | 89.35 | -1.13% | ||
| S3 | 88.15 | -2.46% |
FAQ
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