VKTXW Forecast and Stock Analysis
Technical VKTXW stock analysis for Thursday May 23, 2019.
|Price to book||n/a|
|Next Earnings Date||n/a|
No changes to the price of VKTXW in the last trading day ( Thursday, 23rd May 2019 ). During day the stock fluctuated 0.00% from a day low at $6.86 to a day high of $6.86. The price has fallen in 4 of the last 10 days and is down by -4.85% for this period.
- 30 day high of the VKTXW stock price was $7.41 and low was $6.30.
- 90 day high was $9.46 and low was $6.00.
- 52 week high for the VKTXW - $25.00 and low - $3.51.
Given the current horizontal trend you can expect VKTXW with 90% probability to be traded between $6.12 and $9.49 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.
A buy signal was issued from a pivot bottom point on Wednesday May 22, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. VKTXW 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 $7.34. On a fall, the stock will find some support from the short-term average at $6.86. 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. 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 52 and the stock is currently not being overbought or oversold
Support & Resistance
VKTXW finds support from accumulated volume at $6.69.
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 2.16%.
Our recommended stoploss: $6.45 (-5.96%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 1 days ago.)
2.16 %Average volatility
Very Low Low Medium High Very High
VKTXW holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
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