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.
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Vanda Pharmaceuticals Inc. stock price up more than 5.66% on Thursday
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Vanda Pharmaceuticals Inc. stock price gained 5.66% on the last trading day (Thursday, 28th Mar 2024), rising from $3.89 to $4.11. During the last trading day the stock fluctuated 7.16% from a day low at $3.91 to a day high of $4.19. The price has risen in 6 of the last 10 days and is up by 8.16% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 543 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $5.49 million.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Vanda Pharmaceuticals Inc. stock with a 90% probability to be traded between $3.50 and $4.63 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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VNDA Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 9.60%. 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). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vanda Pharmaceuticals Inc. 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 $4.11. On a fall, the stock will find some support from the short-term average at $3.90. 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.

Support, Risk & Stop-loss for Vanda Pharmaceuticals Inc. stock

Vanda Pharmaceuticals Inc. finds support from accumulated volume at $4.07 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.280 between high and low, or 7.16%. For the last week, the stock has had daily average volatility of 3.66%.

Our recommended stop-loss: $3.96 (-3.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (VNDA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Vanda Pharmaceuticals Inc. to open at $4.07, and during the day (based on 14 day Average True Range), to move between $3.94 and $4.28, which gives a possible trading interval of +/-$0.169 (+/-4.12%) up or down from last closing price. If Vanda Pharmaceuticals Inc. takes out the full calculated possible swing range there will be an estimated 8.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.07 (0.97%) than the resistance at $4.16 (1.22%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Vanda Pharmaceuticals Inc. stock A Buy?

Vanda Pharmaceuticals Inc. 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.573 Hold/Accumulate Upgraded

Predicted Opening Price for Vanda Pharmaceuticals Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$4.07 ( 0.97%) $4.11

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

Trading levels for VNDA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.35 5.84 %
R2 4.24 3.24 %
R1 4.18 1.63 %
Current price: 4.11
Support S1 3.96 -3.58 %
S2 3.90 -5.18 %
S3 3.79 -7.79 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.52 9.98 %
R2 4.33 5.35 %
R1 4.16 1.22 %
Current price 4.11
Support S1 4.07 -0.97%
S2 3.91 -4.87%
S3 3.76 -8.52%

FAQ

What is the symbol for Vanda Pharmaceuticals Inc. Stock and on which exchange is it traded?
The symbol for Vanda Pharmaceuticals Inc. is VNDA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Vanda Pharmaceuticals Inc. Stock?
Vanda Pharmaceuticals Inc. 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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

What's the current price of Vanda Pharmaceuticals Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Vanda Pharmaceuticals Inc. (VNDA) share was $4.11.

What is the 52-week high and low for Vanda Pharmaceuticals Inc. Stock?
The 52-week high for Vanda Pharmaceuticals Inc. Stock is $7.00 and the 52-week low is $3.30.

What is the market capitalization of Vanda Pharmaceuticals Inc. Stock?
As of the 2024-03-28, the market capitalization of Vanda Pharmaceuticals Inc. is 222.095M.

When is the next earnings date for Vanda Pharmaceuticals Inc.?
The upcoming earnings date for Vanda Pharmaceuticals Inc. is May 01, 2024.
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About Vanda Pharmaceuticals Inc.

Vanda Pharmaceuticals. Vanda Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of therapies to address high unmet medical needs. The company's marketed products include HETLIOZ for the treatment of non-24-hour sleep-wake disorders; and Fanapt oral tablets for the treatment of schizophrenia. Its products under development include HETLIOZ (tasimelteon) for the treatment of jet lag disorder, smith-magenis syndrome, pediatr... VNDA Profile

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