Voss Veksel OG Landmands B Stock Forecast
Green day on Thursday for Voss Veksel OG Landmands B stock after gaining 0.781%
(Updated on May 16, 2024)
The Voss Veksel OG Landmands B stock price gained 0.781% on the last trading day (Thursday, 16th May 2024), rising from kr256.00 to kr258.00. During the last trading day the stock fluctuated 0% from a day low at kr258.00 to a day high of kr258.00. The price has risen in 5 of the last 10 days and is up by 2.38% over the past 2 weeks. Volume fell on the last day by -242 shares and in total, 207 shares were bought and sold for approximately kr53.41 thousand. 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 Voss Veksel OG Landmands B stock with a 90% probability to be traded between kr251.18 and kr276.45 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
VVL.OL Signals & Forecast
There are mixed signals in the stock today. The Voss Veksel OG Landmands B 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 kr262.06. On a fall, the stock will find some support from the short-term average at kr252.29. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Wednesday, May 08, 2024, and so far it has risen 4.03%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Voss Veksel OG Landmands B stock
Voss Veksel OG Landmands B finds support from accumulated volume at kr254.00 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved kr0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.478%.
Our recommended stop-loss: kr246.31 (-4.53%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (VVL.OL) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Voss Veksel OG Landmands B to open at kr258.00, and during the day (based on 14 day Average True Range), to move between kr254.32 and kr261.68, which gives a possible trading interval of +/-kr3.68 (+/-1.43%) 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 2.85% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr260.00 (0.78%) than the support at kr254.00 (1.55%), 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 Voss Veksel OG Landmands B stock A Buy?
Voss Veksel OG Landmands B 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.
Current score: -0.234 Hold/Accumulate Unchanged
Predicted Opening Price for Voss Veksel OG Landmands B of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| kr258.00 ( 0%) | kr258.00 |
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 | 258.00 | . | |
| R2 | 258.00 | . | ||
| R1 | 258.00 | . | ||
| Current price: | 258.00 | |||
| Support | S1 | 258.00 | . | |
| S2 | 258.00 | . | ||
| S3 | 258.00 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 270.00 | 4.65 % | |
| R2 | 264.00 | 2.33 % | ||
| R1 | 260.00 | 0.775 % | ||
| Current price | 258.00 | |||
| Support | S1 | 254.00 | -1.55% | |
| S2 | 252.00 | -2.33% | ||
| S3 | 250.00 | -3.10% |
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
Click here for our free guide on how to buy Voss Veksel OG Landmands B Stock.
