Online Vacation Center Holdings Corp. Stock Forecast
A very red day for Online Vacation Center Holdings Corp. stock price after a -48.72% fall in the Friday trading session
(Updated on Jun 21, 2024)
The Online Vacation Center Holdings Corp. stock price fell by -48.72% on the last day (Friday, 21st Jun 2024) from $1.95 to $1.00. During the last trading day the stock fluctuated 0% from a day low at $1.00 to a day high of $1.00. The price has been going up and down for this period, and there has been a -37.5% loss for the last 2 weeks. Volume has increased on the last day by 613 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, 613 shares were bought and sold for approximately $613.00 .
Given the current short-term trend, the stock is expected to rise 33.23% during the next 3 months and, with a 90% probability hold a price between $1.33 and $2.63 at the end of this 3-month period.
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ONVC Signals & Forecast
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. The Online Vacation Center Holdings Corp. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $1.69 and $1.44. 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 20, 2024, and so far it has fallen -48.72%. Further fall is indicated until a new bottom pivot has been found. Online Vacation Center Holdings Corp. 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.
Support, Risk & Stop-loss for Online Vacation Center Holdings Corp. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". 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: $0.95 (-5.08%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (ONVC) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Online Vacation Center Holdings Corp. to open at $1.00, and during the day (based on 14 day Average True Range), to move between $0.755 and $1.25, which gives a possible trading interval of +/-$0.245 (+/-24.51%) up or down from last closing price. If Online Vacation Center Holdings Corp. takes out the full calculated possible swing range there will be an estimated 49.02% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $1.05, some $0.0500 (5.00%) from the current price of $1.00, our system finds the risk reward not very attractive.
Is Online Vacation Center Holdings Corp. stock A Buy?
Online Vacation Center Holdings Corp. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
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 Online Vacation Center Holdings Corp. of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| $1.00 ( 0%) | $1.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ONVC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.00 | - |
| R2 | 1.00 | - |
| R1 | 1.00 | - |
| Price | 1.00 | |
| S1 | 1.00 | - |
| S2 | 1.00 | - |
| S3 | 1.00 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.15 | 15.00% |
| R2 | 1.07 | 7.00% |
| R1 | 1.05 | 5.00% |
| Price | 1.00 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
ONVC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 19, 2019 | Mar 28, 2019 | Apr 12, 2019 | $0.0400 | 2.44% |
| 2 | Mar 19, 2018 | Mar 28, 2018 | Apr 13, 2018 | $0.0400 | 2.42% |
| 3 | Mar 22, 2017 | Mar 31, 2017 | Apr 25, 2017 | $0.0400 | 2.65% |
| 4 | Mar 28, 2016 | Apr 06, 2016 | Apr 29, 2016 | $0.0300 | 4.00% |
| 5 | Feb 17, 2015 | Mar 02, 2015 | Apr 22, 2015 | $0.0300 | 3.75% |
FAQ
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