Voss Veksel OG Landmands B Stock Forecast
Red day on Wednesday for Voss Veksel OG Landmands B
(Updated on May 08, 2024)
The Voss Veksel OG Landmands B stock price fell by -0.80% on the last day (Wednesday, 8th May 2024) from kr250.00 to kr248.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 0.81% from a day low at kr248.00 to a day high of kr250.00. The price has fallen in 5 of the last 10 days and is down by -7.46% for this period. Volume has increased on the last day by 419 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, 727 shares were bought and sold for approximately kr180.30 thousand.
Given the current short-term trend, the stock is expected to rise 3.85% during the next 3 months and, with a 90% probability hold a price between kr257.54 and kr285.70 at the end of this 3-month period.
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VVL.OL Signals & Forecast
There are few to no technical positive signals at the moment. The Voss Veksel OG Landmands B 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 kr253.71 and kr262.80. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 11, 2024, and so far it has fallen -8.82%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Voss Veksel OG Landmands B gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Voss Veksel OG Landmands B stock
Voss Veksel OG Landmands B finds support from accumulated volume at kr246.00 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 kr2.00 between high and low, or 0.81%. For the last week, the stock has had daily average volatility of 1.43%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VVL.OL) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Voss Veksel OG Landmands B to open at kr248.67, and during the day (based on 14 day Average True Range), to move between kr243.74 and kr252.26, which gives a possible trading interval of +/-kr4.26 (+/-1.72%) up or down from last closing price. If Voss Veksel OG Landmands B takes out the full calculated possible swing range there will be an estimated 3.43% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at kr246.00 (0.81%) than the resistance at kr254.00 (2.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Voss Veksel OG Landmands B will release earnings BMO on Monday, May 13, 2024.The consensus among the analysts for the expected earnings (EPS) is $8.02. We will update the financials statements for Voss Veksel OG Landmands B, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.07% in the first trading day after earnings release.
Is Voss Veksel OG Landmands B stock A Buy?
The Voss Veksel OG Landmands B stock holds several negative signals and despite the positive trend, we believe Voss Veksel OG Landmands B will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.628 Sell Candidate Unchanged
Predicted Opening Price for Voss Veksel OG Landmands B of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| kr248.67 ( 0.269%) | kr248.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VVL.OL
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 250.67 | 1.08 % | |
| R2 | 249.90 | 0.767 % | ||
| R1 | 249.43 | 0.577 % | ||
| Current price: | 248.00 | |||
| Support | S1 | 247.90 | -0.0392 % | |
| S2 | 247.43 | -0.230 % | ||
| S3 | 246.67 | -0.538 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 270.00 | 8.87 % | |
| R2 | 260.00 | 4.84 % | ||
| R1 | 254.00 | 2.42 % | ||
| Current price | 248.00 | |||
| Support | S1 | 246.00 | -0.81% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
VVL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 26, 2024 | Apr 26, 2024 | May 06, 2024 | kr14.10 | 5.51% |
| 2 | Apr 27, 2022 | Apr 27, 2022 | Apr 27, 2022 | kr10.05 | 3.81% |
| 3 | Apr 30, 2021 | Apr 30, 2021 | Apr 30, 2021 | kr10.30 | 5.89% |
| 4 | May 04, 2020 | May 04, 2020 | May 04, 2020 | kr7.00 | 4.90% |
| 5 | Jan 30, 2019 | May 02, 2019 | May 10, 2019 | kr7.50 | 4.69% |
FAQ
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