Vishay Intertechnology Inc Stock Forecast
Vishay Intertechnology Inc stock upgraded from Sell Candidate to Buy Candidate after Friday trading session.
(Updated on Apr 26, 2024)
The Vishay Intertechnology Inc stock price gained 2.40% on the last trading day (Friday, 26th Apr 2024), rising from $22.10 to $22.63. During the last trading day the stock fluctuated 2.49% from a day low at $22.11 to a day high of $22.66. The price has fallen in 6 of the last 10 days but is still up by 4.67% over the past 2 weeks. Volume fell on the last day by -327 thousand shares and in total, 823 thousand shares were bought and sold for approximately $18.63 million. 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 is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Vishay Intertechnology Inc stock with a 90% probability to be traded between $20.72 and $23.17 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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VSH Signals & Forecast
The Vishay Intertechnology Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $21.66 and $22.04. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 8.28%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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).
Support, Risk & Stop-loss for Vishay Intertechnology Inc stock
Vishay Intertechnology Inc finds support from accumulated volume at $22.30 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 $0.550 (2.49%) between high and low. For the last week, the stock has had daily average volatility of 2.48%.
Our recommended stop-loss: $21.87 (-3.38%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (VSH) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Vishay Intertechnology Inc to open at $22.47, and during the day (based on 14 day Average True Range), to move between $22.08 and $23.18, which gives a possible trading interval of +/-$0.552 (+/-2.44%) up or down from last closing price. If Vishay Intertechnology Inc takes out the full calculated possible swing range there will be an estimated 4.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $22.68 (0.22%) than the support at $22.30 (1.46%), 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 Vishay Intertechnology Inc stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Vishay Intertechnology Inc stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 1.361 Buy Candidate Upgraded
Predicted Opening Price for Vishay Intertechnology Inc of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $22.47 ( 0.722%) | $22.63 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VSH
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 23.02 | 1.71 % | |
| R2 | 22.81 | 0.780 % | ||
| R1 | 22.68 | 0.207 % | ||
| Current price: | 22.63 | |||
| Support | S1 | 22.26 | -1.65 % | |
| S2 | 22.13 | -2.22 % | ||
| S3 | 21.92 | -3.15 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 23.24 | 2.70 % | |
| R2 | 22.85 | 0.97 % | ||
| R1 | 22.68 | 0.221 % | ||
| Current price | 22.63 | |||
| Support | S1 | 22.30 | -1.46% | |
| S2 | 21.85 | -3.45% | ||
| S3 | 21.42 | -5.35% |
VSH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 15, 2024 | Mar 13, 2024 | Mar 26, 2024 | $0.100 | 0.451% |
| 2 | Dec 12, 2023 | Dec 12, 2023 | Dec 27, 2023 | $0.100 | 0.413% |
| 3 | Aug 15, 2023 | Sep 07, 2023 | Sep 27, 2023 | $0.100 | 0.413% |
| 4 | May 23, 2023 | Jun 15, 2023 | Jun 29, 2023 | $0.100 | 0.344% |
| 5 | Feb 21, 2023 | Mar 16, 2023 | Mar 30, 2023 | $0.100 | 0.449% |
FAQ
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