Valsoia SpA 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 Tuesday for Valsoia SpA stock after losing 1.21%
(Updated on Jun 25, 2024)
The Valsoia SpA stock price fell by -1.21% on the last day (Tuesday, 25th Jun 2024) from 9.94€ to 9.82€. During the last trading day the stock fluctuated 2.07% from a day low at 9.66€ to a day high of 9.86€. The price has been going up and down for this period, and there has been a -0.41% loss for the last 2 weeks. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 thousand shares were bought and sold for approximately 40.55€ thousand.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 9.72€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.93% during the next 3 months and, with a 90% probability hold a price between 10.11€ and 10.65€ at the end of this 3-month period.
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VLS.MI Signals & Forecast
The Valsoia SpA 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 9.84€. On a fall, the stock will find some support from the long-term average at approximately 9.79€. 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. A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has risen 1.24%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Valsoia SpA gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Valsoia SpA stock
Valsoia SpA finds support from accumulated volume at 9.80€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.200€ between high and low, or 2.07%. For the last week the stock has had daily average volatility of 1.93%.
Our recommended stop-loss: 9.33€ (-4.98%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 16 days ago.)
Trading Expectations (VLS.MI) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Valsoia SpA to open at 9.78€, and during the day (based on 14 day Average True Range), to move between 9.65€ and 9.99€, which gives a possible trading interval of +/-0.171€ (+/-1.74%) up or down from last closing price. If Valsoia SpA takes out the full calculated possible swing range there will be an estimated 3.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 9.80€ (0.20%) than the resistance at 9.90€ (0.81%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Valsoia SpA 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 Valsoia SpA stock to perform well in the short-term.
Current score: 2.197 Buy Candidate Unchanged
Predicted Opening Price for Valsoia SpA of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 9.78€ ( 0.407%) | 9.82€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VLS.MI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.98 | 1.63% |
| R2 | 9.90 | 0.85% |
| R1 | 9.86 | 0.371% |
| Price | 9.82 | |
| S1 | 9.70 | -1.19% |
| S2 | 9.66 | -1.67% |
| S3 | 9.58 | -2.44% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.00 | 1.83% |
| R2 | 9.92 | 1.02% |
| R1 | 9.90 | 0.81% |
| Price | 9.82 | |
| S1 | 9.80 | -0.204% |
| S2 | 9.74 | -0.81% |
| S3 | 9.64 | -1.83% |
VLS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 06, 2024 | May 06, 2024 | May 08, 2024 | 0.680€ | 7.04% |
| 2 | May 08, 2023 | May 08, 2023 | May 08, 2023 | 0.380€ | 3.93% |
| 3 | May 09, 2022 | May 09, 2022 | May 09, 2022 | 0.380€ | 3.47% |
| 4 | May 03, 2021 | May 03, 2021 | May 03, 2021 | 0.380€ | 2.44% |
| 5 | May 04, 2020 | May 04, 2020 | May 04, 2020 | 0.380€ | 3.82% |
FAQ
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