Weaker Buy Today VHC ranks #1909 as BUY CANDIDATE. Stronger Buy
Today VHC ranks #1909 as BUY CANDIDATE.

VHC stock VirnetX Holding Corp

VHC stock
VirnetX Holding Corp

April 24, 2019
Change -1.41%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Social Sentiment for VHC

Today's data is from 2 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.00

Will VHC stock price go up or down on Fri, 26 Apr 2019?

VirnetX Holding Corp Forecast and Stock Analysis

Technical VHC stock analysis for April 24, 2019.

Buy candidate since 2019-04-18 Gain 3.62%
Shorts 12.88% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 2.57
ROA -272.90

VirnetX Holding Corp fell by -1.41% in the last day from $6.39 to $6.30 The price has risen in 7 of the last 10 days and is up by 1.78% over the past 2 weeks. Volume has increased in the last day by 34 793 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 376 867 shares bought and sold for approximately $2.37 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the VHC stock was $6.30. This is 1.41% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 6.67% from a day low at $6.23 to a day high of $6.64.

30 day high of the VHC stock price was $6.75 and low was $5.75.
90 day high was $7.04 and low was $4.61.
52 week high for the VirnetX Holding Corp - $7.04 and low - $2.10.

Trend

VirnetX Holding Corp lies in the middle of a very 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 stock is expected to rise 25.27% during the next 3 months and, with 90% probability hold a price between $7.38 and $9.76 at the end of this period.

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Signals

VirnetX Holding Corp holds buy signals from both short- and long-term moving averages. In addition, 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 $6.13 and $6.09. A break down 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 sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Relative Strength Index (RSI)

RSI14 is 47 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $5.76 and $5.44.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, VirnetX Holding Corp finds support just below today's level at $5.76. If this is broken, then the next support from accumulated volume will be at $5.44 and $5.43.

Support: $5.76 Price: $6.30 Resistance: $6.33

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.42 (6.67%) between high and low. For the last week, the stock has had a daily average volatility of 4.31%.

Our recommended stoploss: $6.05 (-3.99%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

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 this stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Buy Candidate.

Weaker Buy Today VHC ranks #1909 as BUY CANDIDATE. Stronger Buy
Today VHC ranks #1909 as BUY CANDIDATE.