Vicor Corporation Stock Forecast
Big movements in Vicor Corporation stock price on Wednesday moving 17.74% between high and low
(Updated on Apr 24, 2024)
The Vicor Corporation stock price fell by -8.95% on the last day (Wednesday, 24th Apr 2024) from $35.18 to $32.03. During the last trading day the stock fluctuated 17.74% from a day low at $30.93 to a day high of $36.41. The price has fallen in 6 of the last 10 days and is down by -13.78% for this period. Volume has increased on the last day by 335 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 686 thousand shares were bought and sold for approximately $21.96 million.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $31.19 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -12.17% during the next 3 months and, with a 90% probability hold a price between $27.39 and $37.65 at the end of this 3-month period.
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VICR Signals & Forecast
There are few to no technical positive signals at the moment. The Vicor Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $34.20 and $36.52. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, February 20, 2024, and so far it has fallen -32.11%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Vicor Corporation stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $5.49 between high and low, or 17.74%. For the last week, the stock has had daily average volatility of 6.22%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VICR) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect Vicor Corporation to open at $33.12, and during the day (based on 14 day Average True Range), to move between $30.43 and $33.63, which gives a possible trading interval of +/-$1.60 (+/-5.01%) up or down from last closing price. If Vicor Corporation takes out the full calculated possible swing range there will be an estimated 10.01% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $35.67, some $3.64 (11.36%) from the current price of $32.03, our system finds the risk reward not very attractive.
Is Vicor Corporation stock A Buy?
Vicor Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Sell candidate.
Current score: -6.860 Strong Sell Candidate Downgraded
Predicted Opening Price for Vicor Corporation of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| $33.12 ( 3.41%) | $32.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VICR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 38.61 | 20.53 % | |
| R2 | 36.51 | 13.99 % | ||
| R1 | 35.22 | 9.95 % | ||
| Current price: | 32.03 | |||
| Support | S1 | 31.03 | -3.13 % | |
| S2 | 29.73 | -7.17 % | ||
| S3 | 27.64 | -13.72 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 38.30 | 19.58 % | |
| R2 | 37.95 | 18.48 % | ||
| R1 | 35.67 | 11.36 % | ||
| Current price | 32.03 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
VICR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 26, 2011 | Aug 05, 2011 | Aug 31, 2011 | $0.150 | 1.33% |
| 2 | Jun 28, 2010 | Jul 14, 2010 | Jul 30, 2010 | $0.300 | 1.91% |
| 3 | Aug 07, 2008 | Aug 21, 2008 | Sep 10, 2008 | $0.150 | 1.72% |
| 4 | Mar 17, 2008 | Mar 31, 2008 | Apr 18, 2008 | $0.150 | 1.23% |
| 5 | Jul 31, 2007 | Aug 10, 2007 | Aug 30, 2007 | $0.150 | 1.30% |
FAQ
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