VASTERA INC Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
VASTERA INC stock price fell more than -5.00% Tuesday closing at £0.0019
(Updated on Sep 01, 2020)
The VASTERA INC stock price fell by -5.00% on the last day (Tuesday, 1st Sep 2020) from £0.0020 to £0.0019. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 0% from a day low at £0.0019 to a day high of £0.0019. The price has been going up and down for this period, and there has been a 11.76% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -78 million shares and in total, 88 million shares were bought and sold for approximately £167.75 thousand.
The stock lies in the middle of a 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 -18.18% during the next 3 months and, with a 90% probability hold a price between £0.0015 and £0.0016 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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VAST.L Signals & Forecast
The VASTERA INC stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £0.0020. On a fall, the stock will find some support from the long-term average at approximately £0.0018. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Tuesday, November 30, -1. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for VASTERA INC 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.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: £0 (-5.00%) (Unable to calculate.)
Trading Expectations (VAST.L) For The Upcoming Trading Day Of Wednesday 2nd
With no support below and resistance from accumulated volume @ £0.0020, some £0.0001 (5.26%) from the current price of £0.0019, our system finds the risk reward not very attractive.
Is VASTERA INC stock A Buy?
VASTERA INC 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for VASTERA INC of Wednesday, September 2, 2020
Fair opening price September 2, 2020 | Current price |
---|---|
£0.0019 ( 0%) | £0.0019 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VAST.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0019 | . | |
R2 | 0.0019 | . | ||
R1 | 0.0019 | . | ||
Current price: | 0.0019 | |||
Support | S1 | 0.0019 | . | |
S2 | 0.0019 | . | ||
S3 | 0.0019 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0023 | 21.05 % | |
R2 | 0.0022 | 15.79 % | ||
R1 | 0.0020 | 5.26 % | ||
Current price | 0.0019 | |||
Support | S1 | 0 | . | |
S2 | 0 | . | ||
S3 | 0 | . |
FAQ
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