FUNDVISER CAPITAL Stock Forecast
FUNDVISER CAPITAL stock price ended at ₹133.00 on Tuesday, after losing 0.709%.
(Updated on Jun 25, 2024)
The FUNDVISER CAPITAL stock price fell by -0.709% on the last day (Tuesday, 25th Jun 2024) from ₹133.95 to ₹133.00. During the last trading day the stock fluctuated 5.22% from a day low at ₹127.30 to a day high of ₹133.95. The price has fallen in 5 of the last 10 days and is down by -4.01% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -325 shares and in total, 385 shares were bought and sold for approximately ₹51.21 thousand.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₹131.70 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 24.62% during the next 3 months and, with a 90% probability hold a price between ₹164.12 and ₹186.40 at the end of this 3-month period.
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FUNDVISER.BO Signals & Forecast
There are few to no technical positive signals at the moment. The FUNDVISER CAPITAL 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 ₹135.29 and ₹135.70. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -8.87%. 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). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for FUNDVISER CAPITAL stock
FUNDVISER CAPITAL finds support from accumulated volume at ₹129.60 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved ₹6.65 between high and low, or 5.22%. For the last week the stock has had daily average volatility of 7.07%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FUNDVISER.BO) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect FUNDVISER CAPITAL to open at ₹131.42, and during the day (based on 14 day Average True Range), to move between ₹123.69 and ₹142.31, which gives a possible trading interval of +/-₹9.31 (+/-7.00%) up or down from last closing price. If FUNDVISER CAPITAL takes out the full calculated possible swing range there will be an estimated 13.99% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₹135.00 (1.50%) than the support at ₹129.60 (2.56%), 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 FUNDVISER CAPITAL stock A Buy?
The FUNDVISER CAPITAL stock holds several negative signals and despite the positive trend, we believe FUNDVISER CAPITAL will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.539 Sell Candidate Unchanged
Predicted Opening Price for FUNDVISER CAPITAL of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| ₹131.42 ( 1.19%) | ₹133.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FUNDVISER.BO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 138.07 | 3.81% |
| R2 | 135.53 | 1.90% |
| R1 | 133.96 | 0.720% |
| Price | 133.00 | |
| S1 | 128.88 | -3.10% |
| S2 | 127.31 | -4.28% |
| S3 | 124.77 | -6.19% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 141.65 | 6.50% |
| R2 | 139.00 | 4.51% |
| R1 | 135.00 | 1.50% |
| Price | 133.00 | |
| S1 | 129.60 | -2.56% |
| S2 | 129.00 | -3.01% |
| S3 | 127.10 | -4.44% |
FAQ
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