Vulcabras S.A. Stock Forecast
Vulcabras S.A. stock price ended at R$15.83 on Tuesday, after losing 2.46%.
(Updated on Apr 30, 2024)
The Vulcabras S.A. stock price fell by -2.46% on the last day (Tuesday, 30th Apr 2024) from R$16.23 to R$15.83. During the last trading day the stock fluctuated 3.56% from a day low at R$15.75 to a day high of R$16.31. The price has risen in 6 of the last 10 days but is still down by -1.68% for this period. Volume has increased on the last day by 259 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, 680 thousand shares were bought and sold for approximately R$10.76 million.
The stock lies in the middle of a wide and 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 -14.33% during the next 3 months and, with a 90% probability hold a price between R$12.63 and R$15.68 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.
VULC3.SA Signals & Forecast
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. The Vulcabras S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at R$16.13 and R$16.98. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -21.48%. 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 Vulcabras S.A. 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 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 R$0.560 (3.56%) between high and low. For the last week, the stock has had daily average volatility of 2.40%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VULC3.SA) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect Vulcabras S.A. to open at R$15.96, and during the day (based on 14 day Average True Range), to move between R$15.39 and R$16.27, which gives a possible trading interval of +/-R$0.443 (+/-2.80%) up or down from last closing price. If Vulcabras S.A. takes out the full calculated possible swing range there will be an estimated 5.60% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ R$16.86, some R$1.03 (6.51%) from the current price of R$15.83, our system finds the risk reward not very attractive.
Earnings coming up
Vulcabras S.A. will release earnings BMO on Tuesday, May 07, 2024. We will update the financials statements for Vulcabras S.A., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.35% in the first trading day after earnings release.
Is Vulcabras S.A. stock A Buy?
Vulcabras S.A. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.997 Sell Candidate Unchanged
Predicted Opening Price for Vulcabras S.A. of Wednesday, May 1, 2024
| Fair opening price May 1, 2024 | Current price |
|---|---|
| R$15.96 ( 0.84%) | R$15.83 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VULC3.SA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 16.52 | 4.38 % | |
| R2 | 16.31 | 3.03 % | ||
| R1 | 16.18 | 2.19 % | ||
| Current price: | 15.83 | |||
| Support | S1 | 15.75 | -0.509 % | |
| S2 | 15.62 | -1.34 % | ||
| S3 | 15.40 | -2.70 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 18.93 | 19.58 % | |
| R2 | 18.74 | 18.38 % | ||
| R1 | 16.86 | 6.51 % | ||
| Current price | 15.83 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
VULC3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 14, 2024 | Mar 14, 2024 | Mar 25, 2024 | R$0.750 | 4.36% |
| 2 | Jan 26, 2024 | Jan 26, 2024 | Apr 17, 2024 | R$1.50 | 9.45% |
| 3 | Nov 09, 2023 | Nov 09, 2023 | Nov 09, 2023 | R$0.150 | 0.81% |
| 4 | Oct 16, 2023 | Oct 16, 2023 | Oct 16, 2023 | R$0.400 | 2.39% |
| 5 | Aug 31, 2023 | Aug 31, 2023 | Aug 31, 2023 | R$0.150 | 0.87% |
FAQ
Click here for our free guide on how to buy Vulcabras S.A. Stock.
