Ventas Inc 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
Ventas Inc stock downgraded to Hold/Accumulate
(Updated on Apr 26, 2024)
The Ventas Inc stock price gained 1.48% on the last trading day (Friday, 26th Apr 2024), rising from $43.36 to $44.00. During the last trading day the stock fluctuated 2.10% from a day low at $43.34 to a day high of $44.25. The price has risen in 6 of the last 10 days and is up by 2.73% 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, 715 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $81.06 million.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.42% during the next 3 months and, with a 90% probability hold a price between $38.63 and $42.11 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
VTR Signals & Forecast
The Ventas Inc 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 $43.35 and $43.15. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 5.57%. 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.
Support, Risk & Stop-loss for Ventas Inc stock
Ventas Inc finds support from accumulated volume at $43.63 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 $0.91 between high and low, or 2.10%. For the last week the stock has had daily average volatility of 1.59%.
Our recommended stop-loss: $41.98 (-4.58%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (VTR) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Ventas Inc to open at $43.86, and during the day (based on 14 day Average True Range), to move between $43.12 and $44.88, which gives a possible trading interval of +/-$0.88 (+/-1.99%) up or down from last closing price. If Ventas Inc takes out the full calculated possible swing range there will be an estimated 3.98% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $44.10 (0.23%) than the support at $43.63 (0.84%), 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
Ventas Inc will release earnings BMO on Wednesday, May 01, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.750. We will update the financials statements for Ventas Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.08% in the first trading day after earnings release.
Is Ventas Inc stock A Buy?
Ventas 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.917 Hold/Accumulate Downgraded
Predicted Opening Price for Ventas Inc of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $43.86 ( 0.311%) | $44.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VTR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 44.77 | 1.76 % | |
| R2 | 44.43 | 0.97 % | ||
| R1 | 44.21 | 0.479 % | ||
| Current price: | 44.00 | |||
| Support | S1 | 43.52 | -1.10 % | |
| S2 | 43.30 | -1.59 % | ||
| S3 | 42.95 | -2.38 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 45.61 | 3.66 % | |
| R2 | 44.21 | 0.477 % | ||
| R1 | 44.10 | 0.227 % | ||
| Current price | 44.00 | |||
| Support | S1 | 43.63 | -0.84% | |
| S2 | 42.97 | -2.34% | ||
| S3 | 42.48 | -3.45% |
VTR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 12, 2024 | Mar 28, 2024 | Apr 18, 2024 | $0.450 | 1.06% |
| 2 | Dec 29, 2023 | Dec 29, 2023 | Jan 18, 2024 | $0.450 | 0.95% |
| 3 | Sep 13, 2023 | Sep 29, 2023 | Oct 12, 2023 | $0.450 | 1.05% |
| 4 | May 16, 2023 | Jun 30, 2023 | Jul 13, 2023 | $0.450 | 0.93% |
| 5 | Mar 14, 2023 | Mar 31, 2023 | Apr 13, 2023 | $0.450 | 1.03% |
FAQ
Click here for our free guide on how to buy Ventas Inc Stock.
