VLRX Forecast and Technical Stock Analysis
Sell candidate since 2019-08-09 Loss -12.60%
Valera Pharmaceuticals Inc gained 3.62% in the last trading day ( Wednesday, 21st Aug 2019 ), rising from $2.21 to $2.29 During the day the stock fluctuated 6.70% from a day low at $2.21 to a day high of $2.36. The price has fallen in 6 of the last 10 days and is down by -21.03% for this period. Volume fell in the last day by -13 695 shares and in total, 79 834 shares bought and sold for approximately $182 820.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the VLRX stock price was $3.04 and low was $2.18.
- 90 day high was $4.40 and low was $2.10.
- 52 week high for Valera Pharmaceuticals Inc - $33.20 and low - $2.10.
Valera Pharmaceuticals Inc lies in the middle of a very 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 -19.92% during the next 3 months and, with 90% probability hold a price between $1.20 and $2.68 at the end of this period.
A buy signal was issued from a pivot bottom point on Tuesday August 20, 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. Valera Pharmaceuticals Inc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $2.36 and $2.73. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 80 ]
RSI14 is 40 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Valera Pharmaceuticals Inc finds support from accumulated volume at $2.21.
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 $0.15 between high and low, or 6.70%. For the last week the stock has had a daily average volatility of 7.19%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
7.19 %Average volatility
Very Low Low Medium High Very High
|VLRX $2.29 ($0.08 3.62%)|
VLRX is up $0.08 today, but where's it headed in 2019?
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