VASCO Data Security International Fund Forecast
Red day on Friday for VASCO Data Security International
(Updated on Jun 08, 2018)
No changes to the price of VASCO Data Security International fund on the last trading day (Friday, 8th Jun 2018). During the last trading day the fund fluctuated 0% from a day low at $21.80 to a day high of $21.80. The price has been going up and down for this period, and there has been a 8.19% gain for the last 2 weeks.
The fund lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the fund is expected to rise 83.22% during the next 3 months and, with a 90% probability hold a price between $36.64 and $43.43 at the end of this 3-month period.
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VDSI Signals & Forecast
The VASCO Data Security International fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $21.78 and $18.91. A breakdown below any of these levels will issue sell signals. 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 Thursday, June 07, 2018, and so far it has fallen 0%. 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). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for VASCO Data Security International fund
On the downside, the fund finds support just below today's level from accumulated volume at $20.65 and $20.15. There is a natural risk involved when a fund is testing a support level, since if this is broken, the fund then may fall to the next support level. In this case, VASCO Data Security International finds support just below today's level at $20.65. If this is broken, then the next support from accumulated volume will be at $20.15 and $19.60.
In general the fund 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 fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
The VASCO Data Security International fund is extremely overbought on RSI14 (86). This increases the short-term risk substantially.
Our recommended stop-loss: $21.08 (-3.28%) (This fund has low daily movements and this gives low risk. The RSI14 is 86 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (VDSI) For The Upcoming Trading Day Of Monday 11th
For the upcoming trading day on Monday, 11th we expect VASCO Data Security International to open at $21.80, and during the day (based on 14 day Average True Range), to move between $21.28 and $22.32, which gives a possible trading interval of +/-$0.519 (+/-2.38%) up or down from last closing price. If VASCO Data Security International takes out the full calculated possible swing range there will be an estimated 4.76% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $20.65, some $1.15 (5.28%) from the current price of $21.80, our system finds the risk reward attractive.
Is VASCO Data Security International fund A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for VASCO Data Security International fund to perform well in the short-term.
Current score: 2.540 Buy Candidate Unchanged
Predicted Opening Price for VASCO Data Security International of Monday, June 11, 2018
Fair opening price June 11, 2018 | Current price |
---|---|
$21.80 ( 0%) | $21.80 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VDSI
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 21.80 | . | |
R2 | 21.80 | . | ||
R1 | 21.80 | . | ||
Current price: | 21.80 | |||
Support | S1 | 21.80 | . | |
S2 | 21.80 | . | ||
S3 | 21.80 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 21.80 | |||
Support | S1 | 20.65 | -5.28% | |
S2 | 20.15 | -7.57% | ||
S3 | 19.60 | -10.09% |
FAQ
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