Vantage Energy Acquisition Corp Forecast and Stock Analysis
Technical VEAC stock analysis for Tuesday May 07, 2019.
|Price to book||USD 1.31|
|Next Earnings Date||n/a|
No changes to the price of Vantage Energy Acquisition Corp in the last trading day ( Tuesday, 7th May 2019 ). During day the stock fluctuated 0.00% from a day low at $10.21 to a day high of $10.21. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
- 30 day high of the VEAC stock price was $10.24 and low was $10.20.
- 90 day high was $10.24 and low was $10.14.
- 52 week high for the Vantage Energy Acquisition Corp - $10.28 and low - $9.80.
Vantage Energy Acquisition Corp is the lower part of a narrow and horizontal trend on short term, and normally this would pose a good buying opportunity, though a break down through the bottom trend line at $10.21 will give a strong sales signal and a trend shift may be expected. Given the current horizontal trend you can expect Vantage Energy Acquisition Corp with 90% probability to be traded between $10.27 and $10.32 at the end of this period with 90% probability. 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 roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Some negative signals were issued as well, and these may have some influence on the near short-term development. Vantage Energy Acquisition Corp holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $10.21. On a fall, the stock will find some support from the short-term average at $10.21. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Friday April 12, 2019, which indicates further falls until a new bottom pivot has been found. 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.
Relative Strength Index (RSI)
RSI14 is 50 and the stock is currently not being overbought or oversold
Support & Resistance
Vantage Energy Acquisition Corp finds support from accumulated volume at $10.20.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.00%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
0.00 %Average volatility
Very Low Low Medium High Very High
Vantage Energy Acquisition Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
|Golden Star Signal|
Get competitive edge
The signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now
From Our Blog
- Trading With Moving Average
- Pivot Points
- Accumulated Volume - Support and Resistance
- Volume - The Indicator You Really Need to Know
- We Give Back!
- Better Buy: Amazon vs. Facebook
- Better Buy: Apple vs. Microsoft
- Relative Strength Index (RSI)
- How to Lose Money When Trading: Part 2
- How to Lose Money When Trading: A Trader is Born
- Our 2017 Christmas Donation
- The Golden Star
- Announcing Partnership With CityFALCON
- Why correct moving average matters
- NASDAQ down -4.17%. Our portfolio is up +8.56%
- New Feature Added: Golden Star Signal
- Pick a Winner With StockInvest.us