Weaker Buy Today VMC ranks #35 as BUY CANDIDATE #35 Stronger Buy

VMC stock forecast Vulcan Materials Company

VMC stock forecast

VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy
Bullish vs. Bearish (1 opinions)
100%
0%
Social Sentiment 0.00

VMC Forecast and Technical Stock Analysis


Buy candidate since 2019-09-10 Gain 3.83% PDF

Vulcan Materials Company gained 1.84% in the last trading day ( Friday, 13th Sep 2019 ), rising from $144.91 to $147.58 During the day the stock fluctuated 2.00% from a day low at $144.74 to a day high of $147.63. The price has risen in 6 of the last 10 days and is up by 4.99% over the past 2 weeks. Volume fell in the last day by -767 754 shares and in total, 975 782 shares bought and sold for approximately $144.01 million. 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.

Quick summary:

  • 30 day high of the VMC stock price was $148.15 and low was $137.28.
  • 90 day high was $148.15 and low was $129.25.
  • 52 week high for Vulcan Materials Company - $148.15 and low - $82.52.
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Trend

Vulcan Materials Company lies in the upper part of a weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $148.03 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 7.38% during the next 3 months and, with 90% probability hold a price between $150.50 and $158.95 at the end of this period.

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Signals

Only positive signals in the chart today. Vulcan Materials Company 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 $144.26 and $140.76. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday September 09, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 71 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

Vulcan Materials Company finds support from accumulated volume at $144.91.

Support: $144.91 Price: $147.58

Risk

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.89 (2.00%) between high and low. For the last week, the stock has had daily average volatility of 2.78%.

Our recommended stop-loss: $141.68 (-4.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 4 days ago.)

2.78 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Strong Buy Candidate Upgraded

Evaluation

Vulcan Materials Company holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Weaker Buy Today VMC ranks #35 as BUY CANDIDATE #35 Stronger Buy
Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU

Will VMC stock price go up or down on Tue, 17 Sep 2019?

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

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