RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MVO
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MV Oil Trust stock price up 0.85% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 25, 2024 Gain 0.38% PDF

The MV Oil Trust stock price gained 0.85% on the last trading day (Thursday, 28th Mar 2024), rising from $10.60 to $10.69. During the last trading day the stock fluctuated 2.06% from a day low at $10.57 to a day high of $10.79. The price has risen in 8 of the last 10 days and is up by 11.94% 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, 1 thousand more shares were traded than the day before. In total, 31 thousand shares were bought and sold for approximately $332.83 thousand.

Given the current short-term trend, the stock is expected to fall -19.83% during the next 3 months and, with a 90% probability hold a price between $6.65 and $8.57 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.

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MVO Signals & Forecast

Mostly positive signals in the chart today. The MV Oil Trust stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $10.45 and $10.49. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 04, 2024, and so far it has risen 17.86%. 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). MV Oil Trust has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for MV Oil Trust stock

MV Oil Trust finds support from accumulated volume at $10.19 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 $0.217 between high and low, or 2.06%. For the last week, the stock has had daily average volatility of 3.50%.

Our recommended stop-loss: $10.17 (-4.83%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 18 days ago.)

Trading Expectations (MVO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect MV Oil Trust to open at $10.68, and during the day (based on 14 day Average True Range), to move between $10.33 and $11.05, which gives a possible trading interval of +/-$0.355 (+/-3.32%) up or down from last closing price. If MV Oil Trust takes out the full calculated possible swing range there will be an estimated 6.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.19 (4.68%) than the resistance at $12.35 (15.53%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is MV Oil Trust stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.672 Buy Candidate Unchanged

Predicted Opening Price for MV Oil Trust of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$10.68 ( 0.0549%) $10.69

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

Trading levels for MVO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.90 1.98 %
R2 10.82 1.20 %
R1 10.77 0.722 %
Current price: 10.69
Support S1 10.60 -0.83 %
S2 10.55 -1.31 %
S3 10.47 -2.09 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.56 17.49 %
R2 12.39 15.90 %
R1 12.35 15.53 %
Current price 10.69
Support S1 10.19 -4.68%
S2 9.50 -11.13%
S3 9.07 -15.15%

MVO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 05, 2024 Jan 12, 2024 Jan 25, 2024 $0.465 3.87%
2 Oct 05, 2023 Oct 13, 2023 Oct 25, 2023 $0.380 3.13%
3 Jul 05, 2023 Jul 14, 2023 Jul 25, 2023 $0.325 2.72%
4 Apr 05, 2023 Apr 14, 2023 Apr 25, 2023 $0.345 2.84%
5 Jan 05, 2023 Jan 13, 2023 Jan 25, 2023 $0.410 2.60%

FAQ

What is the symbol for MV Oil Trust Stock and on which exchange is it traded?
The symbol for MV Oil Trust is MVO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell MV Oil Trust Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy MV Oil Trust Stock?
MV Oil Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy MV Oil Trust Stock.

What's the current price of MV Oil Trust Stock?
As of the end of day on the 2024-03-28, the price of an MV Oil Trust (MVO) share was $10.69.

What is the 52-week high and low for MV Oil Trust Stock?
The 52-week high for MV Oil Trust Stock is $13.95 and the 52-week low is $8.85.

What is the market capitalization of MV Oil Trust Stock?
As of the 2024-03-28, the market capitalization of MV Oil Trust is 122.935M.

When is the next earnings date for MV Oil Trust?
The upcoming earnings date for MV Oil Trust is May 09, 2024.
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About MV Oil Trust

MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 860 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was incorporated in 2006 and is based in Houston, Texas.... MVO Profile

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