Vendetta Mining Corp. Stock Forecast

High volatility in Vendetta Mining Corp. stock price on Tuesday which ended trading at $0.0150
(Updated on Jun 25, 2024)

VTT.V Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vendetta Mining Corp. 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 $0.0166. On a fall, the stock will find some support from the short-term average at $0.0143. 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. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Vendetta Mining Corp. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0050 between high and low, or 50.00%. For the last week, the stock has had daily average volatility of 10.00%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VTT.V) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Vendetta Mining Corp. to open at $0.0133, and during the day (based on 14 day Average True Range), to move between $0.0136 and $0.0164, which gives a possible trading interval of +/-$0.0014 (+/-9.66%) up or down from last closing price. If Vendetta Mining Corp. takes out the full calculated possible swing range there will be an estimated 19.33% move between the lowest and the highest trading price during the day.

Is Vendetta Mining Corp. stock A Buy?

Vendetta Mining Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -4.923 Sell Candidate Downgraded

Predicted Opening Price for Vendetta Mining Corp. of Wednesday, June 26, 2024

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