RSI low/high Values: [ 20 - 85 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VAL.L
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Red day on Wednesday for The Valspar Corp
(Updated on Mar 27, 2024)

Sell candidate since Mar 22, 2024 PDF

No changes to the price of The Valspar Corp stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at £3.85 to a day high of £3.85. The price has been going up and down for this period, and there has been a 8.45% gain for the last 2 weeks.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is £3.81, a level that may pose a second chance to hit a runner. According to fan-theory £4.57 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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VAL.L 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 The Valspar Corp stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £4.16. On a fall, the stock will find some support from the short-term average at £3.82. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for The Valspar Corp stock

The Valspar Corp finds support from accumulated volume at £3.80 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 3.30%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VAL.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect The Valspar Corp to open at £3.85, and during the day (based on 14 day Average True Range), to move between £3.68 and £4.02, which gives a possible trading interval of +/-£0.174 (+/-4.51%) up or down from last closing price. If The Valspar Corp takes out the full calculated possible swing range there will be an estimated 9.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £3.80 (1.30%) than the resistance at £4.05 (5.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is The Valspar Corp stock A Buy?

The Valspar Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.872 Sell Candidate Unchanged

Predicted Opening Price for The Valspar Corp of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£3.85 ( 0%) £3.85

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VAL.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.85 .
R2 3.85 .
R1 3.85 .
Current price: 3.85
Support S1 3.85 .
S2 3.85 .
S3 3.85 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.70 22.08 %
R2 4.45 15.58 %
R1 4.05 5.19 %
Current price 3.85
Support S1 3.80 -1.30%
S2 3.75 -2.60%
S3 3.68 -4.55%

FAQ

What is the symbol for The Valspar Corp Stock and on which exchange is it traded?
The symbol for The Valspar Corp is VAL.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell The Valspar Corp Stock?
The Valspar Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy The Valspar Corp Stock?
The Valspar Corp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy The Valspar Corp Stock.

What's the current price of The Valspar Corp Stock?
As of the end of day on the 2024-03-27, the price of an The Valspar Corp (VAL.L) share was £3.85.

What is the 52-week high and low for The Valspar Corp Stock?
The 52-week high for The Valspar Corp Stock is £15.00 and the 52-week low is £3.46.

What is the market capitalization of The Valspar Corp Stock?
As of the 2024-03-27, the market capitalization of The Valspar Corp is 5.095M.

When is the next earnings date for The Valspar Corp?
The upcoming earnings date for The Valspar Corp is Jun 03, 2024.
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About The Valspar Corp

The Valspar ValiRx plc, a biopharmaceutical company, engages in the development of oncology therapeutics and companion diagnostics in the United Kingdom. The company's lead drug candidates include VAL201, a small molecule that has completed Phase I/II trials for the treatment of prostate cancer and other hormone associated solid tumours comprising breast and ovarian cancer; and VAL401, a reformulation of anti-psychotic drug risperidone, which has completed P... VAL.L Profile

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