Victory Capital Holdings Inc. Class A Stock Forecast
Victory Capital Holdings Inc. Class A stock price up 1.08% on Monday
(Updated on May 20, 2024)
The Victory Capital Holdings Inc. Class A stock price gained 1.08% on the last trading day (Monday, 20th May 2024), rising from $51.69 to $52.25. During the last trading day the stock fluctuated 2.96% from a day low at $51.27 to a day high of $52.79. The price has been going up and down for this period, and there has been a 0.1% gain 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, 44 thousand more shares were traded than the day before. In total, 287 thousand shares were bought and sold for approximately $14.99 million.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 45.57% during the next 3 months and, with a 90% probability hold a price between $71.93 and $78.85 at the end of this 3-month period.
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VCTR Signals & Forecast
The Victory Capital Holdings Inc. Class A 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 $51.30 and $48.25. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, May 09, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Victory Capital Holdings Inc. Class A stock
On the downside, the stock finds support just below today's level from accumulated volume at $48.69 and $44.66. 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, Victory Capital Holdings Inc. Class A finds support just below today's level at $48.69. If this is broken, then the next support from accumulated volume will be at $44.66 and $44.62.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.52 (2.96%) between high and low. For the last week, the stock has had daily average volatility of 2.33%.
Our recommended stop-loss: $50.23 (-3.86%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 67 days ago.)
Trading Expectations (VCTR) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Victory Capital Holdings Inc. Class A to open at $52.10, and during the day (based on 14 day Average True Range), to move between $50.81 and $53.69, which gives a possible trading interval of +/-$1.44 (+/-2.75%) up or down from last closing price. If Victory Capital Holdings Inc. Class A takes out the full calculated possible swing range there will be an estimated 5.51% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $48.69, some $3.56 (6.81%) from the current price of $52.25, our system finds the risk reward attractive.
Is Victory Capital Holdings Inc. Class A stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Victory Capital Holdings Inc. Class A stock to perform well in the short-term.
Current score: 1.582 Buy Candidate Unchanged
Predicted Opening Price for Victory Capital Holdings Inc. Class A of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| $52.10 ( 0.281%) | $52.25 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VCTR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 53.62 | 2.63 % | |
| R2 | 53.04 | 1.52 % | ||
| R1 | 52.68 | 0.83 % | ||
| Current price: | 52.25 | |||
| Support | S1 | 51.52 | -1.39 % | |
| S2 | 51.16 | -2.08 % | ||
| S3 | 50.58 | -3.19 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 52.25 | |||
| Support | S1 | 48.69 | -6.81% | |
| S2 | 44.66 | -14.53% | ||
| S3 | 44.62 | -14.60% |
VCTR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 09, 2024 | Jun 10, 2024 | Jun 25, 2024 | $0.370 | 0.708% |
| 2 | Feb 08, 2024 | Mar 08, 2024 | Mar 25, 2024 | $0.335 | 0.80% |
| 3 | Nov 02, 2023 | Dec 08, 2023 | Dec 22, 2023 | $0.320 | 0.93% |
| 4 | Aug 03, 2023 | Sep 08, 2023 | Sep 25, 2023 | $0.320 | 0.95% |
| 5 | May 04, 2023 | Jun 09, 2023 | Jun 26, 2023 | $0.320 | 1.04% |
FAQ
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