VBI Vaccines Inc. Stock Forecast
VBI Vaccines Inc. stock price up 0.635% on Friday
(Updated on Apr 19, 2024)
The VBI Vaccines Inc. stock price gained 0.635% on the last trading day (Friday, 19th Apr 2024), rising from $0.630 to $0.634. During the last trading day the stock fluctuated 7.45% from a day low at $0.608 to a day high of $0.653. The price has fallen in 5 of the last 10 days and is down by -10.75% for this period. Volume fell on the last day by -16 thousand shares and in total, 164 thousand shares were bought and sold for approximately $103.61 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $0.579 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect VBI Vaccines Inc. stock with a 90% probability to be traded between $0.571 and $0.91 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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VBIV Signals & Forecast
The VBI Vaccines Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.607 and $0.616. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 12, 2024, and so far it has risen 9.26%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for VBI Vaccines Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.600 and $0.580. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, VBI Vaccines Inc. finds support just below today's level at $0.600. If this is broken, then the next support from accumulated volume will be at $0.580 and $0.576.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0453 between high and low, or 7.45%. For the last week the stock has had daily average volatility of 10.05%.
Our recommended stop-loss: $0.612 (-3.48%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (VBIV) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect VBI Vaccines Inc. to open at $0.632, and during the day (based on 14 day Average True Range), to move between $0.538 and $0.730, which gives a possible trading interval of +/-$0.0958 (+/-15.12%) up or down from last closing price. If VBI Vaccines Inc. takes out the full calculated possible swing range there will be an estimated 30.25% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.660 (4.15%) than the support at $0.600 (5.30%), 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 VBI Vaccines Inc. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for VBI Vaccines Inc. stock to perform well in the short-term period.
Current score: 1.005 Buy Candidate Unchanged
Predicted Opening Price for VBI Vaccines Inc. of Monday, April 22, 2024
Fair opening price April 22, 2024 | Current price |
---|---|
$0.632 ( 0.321%) | $0.634 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VBIV
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.677 | 6.83 % | |
R2 | 0.660 | 4.10 % | ||
R1 | 0.649 | 2.41 % | ||
Current price: | 0.634 | |||
Support | S1 | 0.614 | -3.05 % | |
S2 | 0.604 | -4.74 % | ||
S3 | 0.586 | -7.47 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.752 | 18.72 % | |
R2 | 0.700 | 10.46 % | ||
R1 | 0.660 | 4.15 % | ||
Current price | 0.634 | |||
Support | S1 | 0.600 | -5.30% | |
S2 | 0.580 | -8.47% | ||
S3 | 0.576 | -9.11% |
VBIV Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 02, 2012 | Apr 02, 2012 | Apr 02, 2012 | $0.250 | 0.0302% |
2 | Jan 12, 2006 | Jan 12, 2006 | Jan 12, 2006 | $0.750 | 16.73% |
3 | Dec 18, 2003 | Dec 18, 2003 | Dec 18, 2003 | $0.250 | 7.25% |
FAQ
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