Delaware Investments Natnl Mncpl Incm Fd Stock Forecast
Stronger technical forecast for Delaware Investments Natnl Mncpl Incm Fd stock price after Thursday trading.
(Updated on Mar 28, 2024)
The Delaware Investments Natnl Mncpl Incm Fd stock price gained 0.680% on the last trading day (Thursday, 28th Mar 2024), rising from $10.29 to $10.36. During the last trading day the stock fluctuated 0.88% from a day low at $10.27 to a day high of $10.36. The price has been going up and down for this period, and there has been a 0.2% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 31 thousand more shares were traded than the day before. In total, 42 thousand shares were bought and sold for approximately $434.53 thousand.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Delaware Investments Natnl Mncpl Incm Fd stock with a 90% probability to be traded between $10.22 and $10.67 at the end of this 3-month period. 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 top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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VFL Signals & Forecast
The Delaware Investments Natnl Mncpl Incm Fd stock 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 $10.32 and $10.31. A breakdown below any of these levels will issue sell signals. Delaware Investments Natnl Mncpl Incm Fd 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. 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 Monday, February 12, 2024, and so far it has fallen -0.576%. 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). The stock had a Golden Star Signal on Friday, February 09, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Friday, February 09, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Delaware Investments Natnl Mncpl Incm Fd stock
Delaware Investments Natnl Mncpl Incm Fd finds support from accumulated volume at $10.31 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 $0.0900 between high and low, or 0.88%. For the last week the stock has had daily average volatility of 0.444%.
Our recommended stop-loss: $9.92 (-4.24%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 32 days ago.)
Trading Expectations (VFL) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Delaware Investments Natnl Mncpl Incm Fd to open at $10.33, and during the day (based on 14 day Average True Range), to move between $10.29 and $10.43, which gives a possible trading interval of +/-$0.0700 (+/-0.68%) up or down from last closing price. If Delaware Investments Natnl Mncpl Incm Fd takes out the full calculated possible swing range there will be an estimated 1.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $10.40 (0.39%) than the support at $10.31 (0.48%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Delaware Investments Natnl Mncpl Incm Fd stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Delaware Investments Natnl Mncpl Incm Fd stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.270 Buy Candidate Upgraded
Predicted Opening Price for Delaware Investments Natnl Mncpl Incm Fd of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$10.33 ( 0.290%) | $10.36 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VFL
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 10.42 | 0.579 % | |
R2 | 10.39 | 0.247 % | ||
R1 | 10.36 | 0.0423 % | ||
Current price: | 10.36 | |||
Support | S1 | 10.30 | -0.621 % | |
S2 | 10.27 | -0.83 % | ||
S3 | 10.24 | -1.16 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 10.42 | 0.579 % | |
R2 | 10.42 | 0.531 % | ||
R1 | 10.40 | 0.386 % | ||
Current price | 10.36 | |||
Support | S1 | 10.31 | -0.483% | |
S2 | 10.21 | -1.50% | ||
S3 | 10.20 | -1.54% |
VFL Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 13, 2024 | Apr 22, 2024 | Apr 30, 2024 | $0.0450 | 0.434% |
2 | Mar 20, 2024 | Mar 20, 2024 | Mar 28, 2024 | $0.0375 | 0.362% |
3 | Feb 21, 2024 | Feb 21, 2024 | Feb 29, 2024 | $0.0375 | 0.365% |
4 | Dec 14, 2023 | Jan 23, 2024 | Jan 31, 2024 | $0.0375 | 0.369% |
5 | Dec 11, 2023 | Dec 28, 2023 | Jan 10, 2024 | $0.0325 | 0.315% |
FAQ
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