Mv Oil Trust Stock Forecast

Buy candidate since May 09, 2025 Gain 1.39%

The MV Oil Trust stock price fell by -1.02% on the last day (Thursday, 22nd May 2025) from $5.90 to $5.84. During the last trading day the stock fluctuated 1.37% from a day low at $5.81 to a day high of $5.89. The price has risen in 6 of the last 10 days and is up by 1.74% over the past 2 weeks. 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 -10 thousand shares and in total, 28 thousand shares were bought and sold for approximately $166.07 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 $5.63 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 12.01% during the next 3 months and, with a 90% probability hold a price between $6.31 and $7.88 at the end of this 3-month period.

MVO Signals & Forecast

The MV Oil Trust 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 $5.87. On a fall, the stock will find some support from the long-term average at approximately $5.81. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, April 25, 2025, and so far it has fallen -7.45%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for MV Oil Trust stock

MV Oil Trust finds support from accumulated volume at $5.75 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 $0.0798 between high and low, or 1.37%. For the last week the stock has had daily average volatility of 1.84%.

Our recommended stop-loss: $5.60 (-4.05%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 19 days ago.)

Trading Expectations (MVO) For The Upcoming Trading Day Of Friday 23rd

For the upcoming trading day on Friday, 23rd we expect MV Oil Trust to open at $5.85, and during the day (based on 14 day Average True Range), to move between $5.65 and $6.03, which gives a possible trading interval of +/-$0.195 (+/-3.33%) up or down from last closing price. If MV Oil Trust takes out the full calculated possible swing range there will be an estimated 6.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $5.89 (0.86%) than the support at $5.75 (1.54%), 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 MV Oil Trust stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for MV Oil Trust stock to perform well in the short-term.

Current score: 3.026 Buy Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on May 23, 2025 - $5.85 ( 0.113%).