Village Bank & Trust Financial Corp 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
Village Bank & Trust Financial Corp stock price ended at $41.29 on Monday, after gaining 0.487%.
(Updated on Apr 15, 2024)
The Village Bank & Trust Financial Corp stock price gained 0.487% on the last trading day (Monday, 15th Apr 2024), rising from $41.09 to $41.29. During the last trading day the stock fluctuated 0% from a day low at $41.29 to a day high of $41.29. The price has risen in 5 of the last 10 days and is up by 0.76% 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, 2 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately $78.78 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 -2.47% during the next 3 months and, with a 90% probability hold a price between $38.79 and $41.48 at the end of this 3-month period.
VBFC Signals & Forecast
The Village Bank & Trust Financial Corp 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 $41.17 and $41.20. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 02, 2024, and so far it has risen 2.46%. Further rise is indicated until a new top pivot has been found. Village Bank & Trust Financial Corp 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. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
A buy signal from a double bottom formation was found on Tuesday, April 02, 2024 and based on theory for this formation the price should go up by 0.650% to $41.56 within 21 trading days since signal was issued (Tuesday, April 16, 2024).
Support, Risk & Stop-loss for Village Bank & Trust Financial Corp stock
Village Bank & Trust Financial Corp finds support from accumulated volume at $41.12 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this 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 0.102%.
Our recommended stop-loss: $38.96 (-5.64%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (VBFC) For The Upcoming Trading Day Of Tuesday 16th
For the upcoming trading day on Tuesday, 16th we expect Village Bank & Trust Financial Corp to open at $41.29, and during the day (based on 14 day Average True Range), to move between $40.97 and $41.61, which gives a possible trading interval of +/-$0.321 (+/-0.78%) up or down from last closing price. If Village Bank & Trust Financial Corp takes out the full calculated possible swing range there will be an estimated 1.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $41.12 (0.41%) than the resistance at $41.56 (0.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Village Bank & Trust Financial Corp stock A Buy?
Village Bank & Trust Financial Corp 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 Village Bank & Trust Financial Corp of Tuesday, April 16, 2024
| Fair opening price April 16, 2024 | Current price |
|---|---|
| $41.29 ( 0%) | $41.29 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VBFC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 41.29 | . | |
| R2 | 41.29 | . | ||
| R1 | 41.29 | . | ||
| Current price: | 41.29 | |||
| Support | S1 | 41.29 | . | |
| S2 | 41.29 | . | ||
| S3 | 41.29 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 43.18 | 4.57 % | |
| R2 | 41.69 | 0.97 % | ||
| R1 | 41.56 | 0.642 % | ||
| Current price | 41.29 | |||
| Support | S1 | 41.12 | -0.412% | |
| S2 | 40.98 | -0.751% | ||
| S3 | 40.30 | -2.40% |
VBFC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 27, 2024 | Mar 07, 2024 | Mar 15, 2024 | $0.180 | 0.432% |
| 2 | Nov 14, 2023 | Nov 22, 2023 | Dec 01, 2023 | $0.180 | 0.453% |
| 3 | Aug 28, 2023 | Sep 07, 2023 | Sep 15, 2023 | $0.160 | 0.361% |
| 4 | May 23, 2023 | Jun 02, 2023 | Jun 12, 2023 | $0.160 | 0.378% |
| 5 | Feb 28, 2023 | Mar 09, 2023 | Mar 17, 2023 | $0.160 | 0.294% |
FAQ
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