Vista Group International Limited 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
Vista Group International Limited stock price ended at $2.22 on Tuesday, after gaining 1.37%.
(Updated on Jun 25, 2024)
The Vista Group International Limited stock price gained 1.37% on the last trading day (Tuesday, 25th Jun 2024), rising from $2.19 to $2.22. During the last trading day the stock fluctuated 1.37% from a day low at $2.19 to a day high of $2.22. The price has fallen in 5 of the last 10 days and is down by -1.33% for this period. Volume fell on the last day by -960 thousand shares and in total, 220 thousand shares were bought and sold for approximately $487.95 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 lies in the middle of a wide and 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 19.39% during the next 3 months and, with a 90% probability hold a price between $2.32 and $2.86 at the end of this 3-month period.
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VGL.NZ Signals & Forecast
A sell signal was issued from a pivot top point on Friday, June 14, 2024, and so far it has fallen -5.53%. 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). 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. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Vista Group International Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $2.23. On a fall, the stock will find some support from the long-term average at approximately $2.06. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
Support, Risk & Stop-loss for Vista Group International Limited stock
On the downside, the stock finds support just below today's level from accumulated volume at $2.10 and $1.86. 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, Vista Group International Limited finds support just below today's level at $2.10. If this is broken, then the next support from accumulated volume will be at $1.86 and $1.77.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0300 between high and low, or 1.37%. For the last week the stock has had daily average volatility of 2.58%.
Our recommended stop-loss: $2.12 (-4.41%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 28 days ago.)
Trading Expectations (VGL.NZ) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Vista Group International Limited to open at $2.21, and during the day (based on 14 day Average True Range), to move between $2.15 and $2.29, which gives a possible trading interval of +/-$0.0746 (+/-3.36%) up or down from last closing price. If Vista Group International Limited takes out the full calculated possible swing range there will be an estimated 6.72% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $2.25 (1.35%) than the support at $2.10 (5.41%), 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 Vista Group International Limited stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 2.806 Buy Candidate Unchanged
Predicted Opening Price for Vista Group International Limited of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $2.21 ( 0.450%) | $2.22 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VGL.NZ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2.24 | 0.90% |
| R2 | 2.23 | 0.385% |
| R1 | 2.22 | 0.0658% |
| Price | 2.22 | |
| S1 | 2.20 | -0.97% |
| S2 | 2.19 | -1.29% |
| S3 | 2.18 | -1.80% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2.33 | 4.95% |
| R2 | 2.30 | 3.60% |
| R1 | 2.25 | 1.35% |
| Price | 2.22 | |
| S1 | 2.10 | -5.41% |
| S2 | 1.86 | -16.22% |
| S3 | 1.77 | -20.27% |
VGL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 12, 2020 | Mar 12, 2020 | Mar 12, 2020 | $0.0210 | 0.91% |
| 2 | Sep 12, 2019 | Sep 12, 2019 | Sep 12, 2019 | $0.0114 | 0.301% |
| 3 | Mar 08, 2019 | Mar 08, 2019 | Mar 08, 2019 | $0.0200 | 0.447% |
| 4 | Sep 12, 2018 | Sep 12, 2018 | Sep 12, 2018 | $0.0153 | 0.401% |
| 5 | Mar 09, 2018 | Mar 09, 2018 | Mar 09, 2018 | $0.0166 | 0.643% |
FAQ
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