V.F. Corporation 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
Red day on Friday for V.F. Corporation
(Updated on May 17, 2024)
The V.F. Corporation stock price fell by -0.0168% on the last day (Friday, 17th May 2024) from 11.93€ to 11.93€. During the last trading day the stock fluctuated 0% from a day low at 11.93€ to a day high of 11.93€. The price has fallen in 6 of the last 10 days but is still up by 1.36% over the past 2 weeks.
The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at 12.09€ will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -24.55% during the next 3 months and, with a 90% probability hold a price between 7.57€ and 9.12€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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VFP.DE Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 3.65%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The V.F. Corporation 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 12.15€. On a fall, the stock will find some support from the short-term average at 11.83€. 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. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for V.F. Corporation stock
V.F. Corporation finds support from accumulated volume at 11.90€ 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 1.67%
Our recommended stop-loss: 11.24€ (-5.82%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 23 days ago.)
Trading Expectations (VFP.DE) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect V.F. Corporation to open at 11.93€, and during the day (based on 14 day Average True Range), to move between 11.63€ and 12.23€, which gives a possible trading interval of +/-0.302€ (+/-2.53%) up or down from last closing price. If V.F. Corporation takes out the full calculated possible swing range there will be an estimated 5.07% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 11.90€ (0.23%) than the resistance at 12.04€ (0.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
V.F. Corporation will release earnings BMO on Wednesday, May 22, 2024. We will update the financials statements for V.F. Corporation, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.50% in the first trading day after earnings release.
Is V.F. Corporation stock A Buy?
V.F. Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.484 Hold/Accumulate Unchanged
Predicted Opening Price for V.F. Corporation of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 11.93€ ( 0%) | 11.93€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VFP.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.93 | . | |
| R2 | 11.93 | . | ||
| R1 | 11.93 | . | ||
| Current price: | 11.93 | |||
| Support | S1 | 11.93 | . | |
| S2 | 11.93 | . | ||
| S3 | 11.93 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 13.23 | 10.90 % | |
| R2 | 12.41 | 4.04 % | ||
| R1 | 12.04 | 0.92 % | ||
| Current price | 11.93 | |||
| Support | S1 | 11.90 | -0.235% | |
| S2 | 11.67 | -2.23% | ||
| S3 | 11.51 | -3.52% |
VFP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 08, 2024 | Mar 08, 2024 | Mar 20, 2024 | 0.0836€ | 0.637% |
| 2 | Dec 08, 2023 | Dec 08, 2023 | Dec 08, 2023 | 0€ | 0% |
| 3 | Jun 09, 2023 | Jun 09, 2023 | Jun 09, 2023 | 0.300€ | 1.68% |
| 4 | Mar 09, 2023 | Mar 09, 2023 | Mar 09, 2023 | 0.300€ | 1.38% |
| 5 | Oct 26, 2022 | Dec 09, 2022 | Dec 20, 2022 | 0.510€ | 2.15% |
FAQ
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