Vacasa, Inc. Stock Forecast
Green day on Thursday for Vacasa, Inc.
(Updated on Apr 18, 2024)
The Vacasa, Inc. stock price gained 1.87% on the last trading day (Thursday, 18th Apr 2024), rising from $5.89 to $6.00. During the last trading day the stock fluctuated 3.78% from a day low at $5.82 to a day high of $6.04. The price has been going up and down for this period, and there has been a -3.23% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 37 thousand shares were bought and sold for approximately $222.03 thousand.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $5.59 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -27.71% during the next 3 months and, with a 90% probability hold a price between $4.04 and $6.69 at the end of this 3-month period.
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VCSA Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 11, 2024, and so far it has risen 2.04%. Further rise is indicated until a new top pivot has been found. Vacasa, 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vacasa, Inc. 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 $6.79. On a fall, the stock will find some support from the short-term average at $6.00. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Vacasa, Inc. stock
Vacasa, Inc. finds support from accumulated volume at $5.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.220 between high and low, or 3.78%. For the last week, the stock has had daily average volatility of 4.68%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VCSA) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Vacasa, Inc. to open at $5.95, and during the day (based on 14 day Average True Range), to move between $5.60 and $6.40, which gives a possible trading interval of +/-$0.399 (+/-6.65%) up or down from last closing price. If Vacasa, Inc. takes out the full calculated possible swing range there will be an estimated 13.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $5.95 (0.83%) than the resistance at $6.85 (14.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vacasa, Inc. stock A Buy?
Vacasa, Inc. 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: -3.462 Sell Candidate Unchanged
Predicted Opening Price for Vacasa, Inc. of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $5.95 ( 0.778%) | $6.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VCSA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.17 | 2.89 % | |
| R2 | 6.09 | 1.49 % | ||
| R1 | 6.04 | 0.623 % | ||
| Current price: | 6.00 | |||
| Support | S1 | 5.87 | -2.18 % | |
| S2 | 5.82 | -3.04 % | ||
| S3 | 5.73 | -4.44 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 7.24 | 20.67 % | |
| R2 | 7.07 | 17.83 % | ||
| R1 | 6.85 | 14.17 % | ||
| Current price | 6.00 | |||
| Support | S1 | 5.95 | -0.83% | |
| S2 | 5.89 | -1.83% | ||
| S3 | 5.88 | -2.00% |
FAQ
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