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 VRTS
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Red day on Friday for Virtus Investment Partners
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jul 10, 2024 Gain 5.78% PDF

The Virtus Investment Partners stock price fell by -1.27% on the last day (Friday, 19th Jul 2024) from $243.39 to $240.30. During the last trading day the stock fluctuated 2.20% from a day low at $239.56 to a day high of $244.82. The price has risen in 8 of the last 10 days and is up by 8.51% over the past 2 weeks. Volume has increased on the last day by 5 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, 25 thousand shares were bought and sold for approximately $6.10 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $244.82 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Virtus Investment Partners stock with a 90% probability to be traded between $211.18 and $243.66 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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VRTS Signals & Forecast

The Virtus Investment Partners 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 $237.78 and $224.99. 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 Wednesday, July 17, 2024, and so far it has fallen -1.86%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Virtus Investment Partners stock

Virtus Investment Partners finds support from accumulated volume at $228.59 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 $5.26 between high and low, or 2.20%. For the last week, the stock has had daily average volatility of 3.21%.

Our recommended stop-loss: $233.74 (-2.73%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 23 days ago.)

Trading Expectations (VRTS) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Virtus Investment Partners to open at $241.56, and during the day (based on 14 day Average True Range), to move between $234.60 and $246.00, which gives a possible trading interval of +/-$5.70 (+/-2.37%) up or down from last closing price. If Virtus Investment Partners takes out the full calculated possible swing range there will be an estimated 4.75% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $243.39 (1.29%) than the support at $228.59 (4.87%), 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.

Earnings coming up

Virtus Investment Partners will release earnings BMO on Friday, July 26, 2024.The consensus among the analysts for the expected earnings (EPS) is $6.75. We will update the financials statements for Virtus Investment Partners, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.89% in the first trading day after earnings release.

Is Virtus Investment Partners stock A Buy?

Virtus Investment Partners 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: 0.747 Hold/Accumulate Unchanged

Predicted Opening Price for Virtus Investment Partners of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$241.56 ( 0.524%) $240.30

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

Trading levels for VRTS

Fibonacci Support & Resistance Levels

Level Price
R3 246.82 2.71%
R2 244.81 1.88%
R1 243.57 1.36%
Price 240.30
S1 239.55 -0.312%
S2 238.31 -0.83%
S3 236.30 -1.66%

Accumulated Volume Support & Resistance Levels

Level Price
R3 244.86 1.90%
R2 243.63 1.39%
R1 243.39 1.29%
Price 240.30
S1 228.59 -4.87%
S2 225.85 -6.01%
S3 219.21 -8.78%

VRTS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 16, 2024 Jul 31, 2024 Aug 15, 2024 $1.90 0.791%
2 Feb 22, 2024 Apr 29, 2024 May 15, 2024 $1.90 0.81%
3 Dec 06, 2023 Jan 30, 2024 Feb 15, 2024 $1.90 0.81%
4 Aug 17, 2023 Oct 30, 2023 Nov 15, 2023 $1.90 0.94%
5 May 17, 2023 Jul 28, 2023 Aug 15, 2023 $1.65 0.85%

FAQ

What is the symbol for Virtus Investment Partners Stock and on which exchange is it traded?
The symbol for Virtus Investment Partners is VRTS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Virtus Investment Partners Stock?
Virtus Investment Partners 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 Virtus Investment Partners Stock?
Virtus Investment Partners Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Virtus Investment Partners Stock.

What's the current price of Virtus Investment Partners Stock?
As of the end of day on the Jul 19, 2024, the price of an Virtus Investment Partners (VRTS) share was $240.30.

What is the 52-week high and low for Virtus Investment Partners Stock?
The 52-week high for Virtus Investment Partners Stock is $263.39 and the 52-week low is $168.93.

What is the market capitalization of Virtus Investment Partners Stock?
As of the Jul 19, 2024, the market capitalization of Virtus Investment Partners is 1.713B.

When is the next earnings date for Virtus Investment Partners?
The upcoming earnings date for Virtus Investment Partners is Jul 26, 2024.
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About Virtus Investment Partners

Virtus Investment Partners Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi m... VRTS Profile

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