VBI Vaccines Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
High volatility in VBI Vaccines Inc. stock price on Tuesday which ended trading at $0.711
(Updated on Jul 02, 2024)
The VBI Vaccines Inc. stock price gained 2.75% on the last trading day (Tuesday, 2nd Jul 2024), rising from $0.692 to $0.711. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 13.87% from a day low at $0.685 to a day high of $0.780. The price has risen in 8 of the last 10 days and is up by 23.98% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 308 thousand more shares were traded than the day before. In total, 383 thousand shares were bought and sold for approximately $272.56 thousand.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.94% during the next 3 months and, with a 90% probability hold a price between $0.529 and $0.87 at the end of this 3-month period.
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VBIV Signals & Forecast
Mostly positive signals in the chart today. The VBI Vaccines Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.660 and $0.623. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 29, 2024, and so far it has risen 26.06%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). VBI Vaccines Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
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 $0.668 and $0.660. 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 $0.668. If this is broken, then the next support from accumulated volume will be at $0.660 and $0.638.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0950 between high and low, or 13.87%. For the last week, the stock has had daily average volatility of 7.25%.
Our recommended stop-loss: $0.686 (-3.54%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 59 days ago.)
Trading Expectations (VBIV) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect VBI Vaccines Inc. to open at $0.725, and during the day (based on 14 day Average True Range), to move between $0.668 and $0.754, which gives a possible trading interval of +/-$0.0431 (+/-6.07%) up or down from last closing price. If VBI Vaccines Inc. takes out the full calculated possible swing range there will be an estimated 12.14% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.752 (5.81%) than the support at $0.668 (6.02%), 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, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 4.747 Buy Candidate Unchanged
Predicted Opening Price for VBI Vaccines Inc. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $0.725 ( 2.01%) | $0.711 |
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 | |
|---|---|---|
| R3 | 0.82 | 15.37% |
| R2 | 0.784 | 10.26% |
| R1 | 0.762 | 7.11% |
| Price | 0.711 | |
| S1 | 0.689 | -3.10% |
| S2 | 0.667 | -6.25% |
| S3 | 0.630 | -11.35% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0.752 | 5.81% |
| Price | 0.711 | |
| S1 | 0.668 | -6.02% |
| S2 | 0.660 | -7.17% |
| S3 | 0.638 | -10.27% |
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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