RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VMC
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Vulcan Materials Company stock price down 0.177% on Tuesday
(Updated on Jul 23, 2024)

Buy or Hold candidate since Jul 11, 2024 Gain 2.14% PDF

The Vulcan Materials Company stock price fell by -0.177% on the last day (Tuesday, 23rd Jul 2024) from $260.61 to $260.15. During the last trading day the stock fluctuated 1.01% from a day low at $259.38 to a day high of $262.00. The price has risen in 7 of the last 10 days and is up by 7.39% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -117 thousand shares and in total, 315 thousand shares were bought and sold for approximately $82.03 million.

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 $261.49 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 -5.79% during the next 3 months and, with a 90% probability hold a price between $223.54 and $246.36 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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VMC Signals & Forecast

The Vulcan Materials Company 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 $257.93 and $250.31. A breakdown below any of these levels will issue sell signals. 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, July 16, 2024, and so far it has fallen -1.01%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Vulcan Materials Company stock

Vulcan Materials Company finds support from accumulated volume at $260.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $2.62 (1.01%) between high and low. For the last week, the stock has had daily average volatility of 1.76%.

Our recommended stop-loss: $250.15 (-3.84%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (VMC) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Vulcan Materials Company to open at $260.51, and during the day (based on 14 day Average True Range), to move between $254.79 and $265.51, which gives a possible trading interval of +/-$5.36 (+/-2.06%) up or down from last closing price. If Vulcan Materials Company takes out the full calculated possible swing range there will be an estimated 4.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $260.00 (0.06%) than the resistance at $260.87 (0.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Vulcan Materials Company stock A Buy?

Vulcan Materials Company 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: 0.143 Hold/Accumulate Unchanged

Predicted Opening Price for Vulcan Materials Company of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$260.51 ( 0.139%) $260.15

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VMC

Fibonacci Support & Resistance Levels

Level Price
R3 263.13 1.14%
R2 262.13 0.760%
R1 261.51 0.523%
Price 260.15
S1 259.51 -0.245%
S2 258.89 -0.483%
S3 257.90 -0.87%

Accumulated Volume Support & Resistance Levels

Level Price
R3 264.41 1.64%
R2 262.81 1.02%
R1 260.87 0.277%
Price 260.15
S1 260.00 -0.0577%
S2 255.77 -1.68%
S3 247.81 -4.74%

VMC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 15, 2024 Aug 15, 2024 Sep 04, 2024 $0.460 0.177%
2 May 10, 2024 May 23, 2024 Jun 07, 2024 $0.460 0.186%
3 Feb 09, 2024 Mar 01, 2024 Mar 18, 2024 $0.460 0.171%
4 Oct 13, 2023 Nov 10, 2023 Nov 29, 2023 $0.430 0.202%
5 Jul 14, 2023 Aug 16, 2023 Sep 06, 2023 $0.430 0.200%

FAQ

What is the symbol for Vulcan Materials Company Stock and on which exchange is it traded?
The symbol for Vulcan Materials Company is VMC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Vulcan Materials Company Stock?
Vulcan Materials Company 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.

How to buy Vulcan Materials Company Stock?
Vulcan Materials Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Vulcan Materials Company Stock.

What's the current price of Vulcan Materials Company Stock?
As of the end of day on the Jul 23, 2024, the price of an Vulcan Materials Company (VMC) share was $260.15.

What is the 52-week high and low for Vulcan Materials Company Stock?
The 52-week high for Vulcan Materials Company Stock is $276.58 and the 52-week low is $190.51.

What is the market capitalization of Vulcan Materials Company Stock?
As of the Jul 23, 2024, the market capitalization of Vulcan Materials Company is 34.466B.

When is the next earnings date for Vulcan Materials Company?
The upcoming earnings date for Vulcan Materials Company is Aug 06, 2024.
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About Vulcan Materials Company

Vulcan Materials Company Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in... VMC Profile

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