Ventas, Inc. Stock Forecast
Weaker technical forecast for Ventas, Inc. as stock downgraded to Hold/Accumulate.
(Updated on Jun 28, 2024)
No changes to the price of Ventas, Inc. stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at 50.01€ to a day high of 50.01€. The price has fallen in 4 of the last 10 days and is down by -0.5% for this period.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 50.00€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 21.72% during the next 3 months and, with a 90% probability hold a price between 60.86€ and 65.03€ at the end of this 3-month period.
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0LO4.L Signals & Forecast
The Ventas, Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 50.09€. On a fall, the stock will find some support from the long-term average at approximately 49.21€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Tuesday, June 25, 2024, and so far it has risen 0.82%. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 from a double bottom formation was found on Tuesday, April 16, 2024 with a target of 43.01€. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.
Support, Risk & Stop-loss for Ventas, Inc. stock
Ventas, Inc. finds support from accumulated volume at 49.05€ 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 0.722%
Our recommended stop-loss: 47.13€ (-5.76%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (0LO4.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ventas, Inc. to open at 50.01€, and during the day (based on 14 day Average True Range), to move between 49.45€ and 50.56€, which gives a possible trading interval of +/-0.555€ (+/-1.11%) up or down from last closing price. If Ventas, Inc. takes out the full calculated possible swing range there will be an estimated 2.22% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 50.06€ (0.11%) than the support at 49.05€ (1.91%), 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 Ventas, Inc. stock A Buy?
Ventas, Inc. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Downgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Ventas, Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 50.01€ ( 0.00000000%) | 50.01€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0LO4.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 50.01 | 0.00000000% |
| R2 | 50.01 | 0.00000000% |
| R1 | 50.01 | 0.00000000% |
| Price | 50.01 | |
| S1 | 50.01 | 0.00000000% |
| S2 | 50.01 | 0.00000000% |
| S3 | 50.01 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 50.28 | 0.553% |
| R2 | 50.11 | 0.211% |
| R1 | 50.06 | 0.106% |
| Price | 50.01 | |
| S1 | 49.05 | -1.91% |
| S2 | 48.78 | -2.45% |
| S3 | 43.38 | -13.25% |
0LO4 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 01, 2024 | Jul 01, 2024 | Jul 18, 2024 | 0.450€ | 0.89% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Apr 18, 2024 | 0.450€ | 1.06% |
| 3 | Dec 29, 2023 | Dec 29, 2023 | Dec 29, 2023 | 0.450€ | 0.90% |
| 4 | Sep 29, 2023 | Sep 29, 2023 | Sep 29, 2023 | 0.450€ | 1.07% |
| 5 | Jun 30, 2023 | Jun 30, 2023 | Jun 30, 2023 | 0.450€ | 0.96% |
FAQ
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