Vitalhub Corp. Stock Forecast
Vitalhub Corp. stock price up more than 6.09% on Monday
(Updated on Jun 24, 2024)
The Vitalhub Corp. stock price gained 6.09% on the last trading day (Monday, 24th Jun 2024), rising from $5.09 to $5.40. During the last trading day the stock fluctuated 0% from a day low at $5.40 to a day high of $5.40. The price has been going up and down for this period, and there has been a 0.75% gain for the last 2 weeks. Volume fell on the last day by -73 shares and in total, 277 shares were bought and sold for approximately $1.50 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 25.63% during the next 3 months and, with a 90% probability hold a price between $6.42 and $7.18 at the end of this 3-month period.
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VHIBF Signals & Forecast
The Vitalhub Corp. 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 $5.48. On a fall, the stock will find some support from the long-term average at approximately $5.14. 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. 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. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -4.42%. Further fall is indicated until a new bottom pivot has been found. 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 not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Vitalhub Corp. stock
Vitalhub Corp. finds support from accumulated volume at $5.17 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.196%.
Our recommended stop-loss: $5.14 (-4.74%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (VHIBF) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect Vitalhub Corp. to open at $5.40, and during the day (based on 14 day Average True Range), to move between $5.27 and $5.53, which gives a possible trading interval of +/-$0.125 (+/-2.32%) up or down from last closing price. If Vitalhub Corp. takes out the full calculated possible swing range there will be an estimated 4.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $5.42 (0.37%) than the support at $5.17 (4.31%), 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 Vitalhub Corp. 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 Vitalhub Corp. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 3.322 Buy Candidate Upgraded
Predicted Opening Price for Vitalhub Corp. of Tuesday, June 25, 2024
| Fair opening price June 25, 2024 | Current price |
|---|---|
| $5.40 ( 0.00000000%) | $5.40 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VHIBF
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.40 | 0.00000000% |
| R2 | 5.40 | 0.00000000% |
| R1 | 5.40 | 0.00000000% |
| Price | 5.40 | |
| S1 | 5.40 | 0.00000000% |
| S2 | 5.40 | 0.00000000% |
| S3 | 5.40 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.65 | 4.63% |
| R2 | 5.47 | 1.30% |
| R1 | 5.42 | 0.370% |
| Price | 5.40 | |
| S1 | 5.17 | -4.31% |
| S2 | 4.80 | -11.11% |
| S3 | 4.76 | -11.85% |
FAQ
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