Previous Hold Today VLGEA ranks #1230 as HOLD CANDIDATE #1230 Next Hold

VLGEA stock forecast Village Super Market

VLGEA stock forecast

VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will VLGEA stock price go up or down on Tue, 28 May 2019?

Predict

Village Super Market Forecast and Stock Analysis

Technical VLGEA stock analysis for Friday May 24, 2019.

Hold candidate since 2019-05-24
Shorts n/a
Insider % n/a
Institutional % 64.20%
Beta 0.57
ROA 5.57%
Price to book USD 1.26
P/E Ratio 13.64
Next Earnings Date n/a


Village Super Market gained 1.79% in the last trading day ( Friday, 24th May 2019 ), rising from $27.32 to $27.81 During day the stock fluctuated 1.86% from a day low at $27.36 to a day high of $27.87. The price has fallen in 7 of the last 10 days and is down by -0.78% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 11 493 more shares were traded than the day before. In total, 34 498 shares bought and sold for approximately $959 389.00.

Quick summary:

  • 30 day high of the VLGEA stock price was $29.99 and low was $26.55.
  • 90 day high was $32.20 and low was $26.32.
  • 52 week high for the Village Super Market - $32.20 and low - $23.75.

Trend

Village Super Market lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.84% during the next 3 months and, with 90% probability hold a price between $22.94 and $26.43 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Tuesday May 21, 2019, which indicates further gains until a new top pivot has been found. Village Super Market has rising 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. Village Super Market 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 $27.86. On a fall, the stock will find some support from the short-term average at $27.42. 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.

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A buy signal from a double bottom formation was found on Tuesday May 21, 2019 with a target of $27.48. Despite the objective of the signal formation has been reached the stock may continue to perform well.

Relative Strength Index (RSI)

RSI14 is 40 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Village Super Market finds support from accumulated volume at $27.33.

Support: $27.33 Price: $27.81 Resistance: $28.09

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 $0.51 (1.86%) between high and low. For the last week, the stock has had a daily average volatility of 2.47%.

Our recommended stoploss: $26.20 (-5.80%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)

2.47 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Village Super Market 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.

Hold/Accumulate Upgraded
Previous Hold Today VLGEA ranks #1230 as HOLD CANDIDATE #1230 Next Hold

Will VLGEA stock price go up or down
on Tue, 28 May 2019?

Predict

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