Bullish vs. Bearish (3 opinions)
Social Sentiment -0.20
VNET Forecast and Technical Stock Analysis
Sell candidate since 2019-08-05 Loss -4.10%
21Vianet Group gained 2.93% in the last trading day ( Monday, 19th Aug 2019 ), rising from $6.82 to $7.02 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.98% from a day low at $6.89 to a day high of $7.10. The price has fallen in 6 of the last 10 days and is down by -4.1% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 269 535 more shares were traded than the day before. In total, 450 322 shares bought and sold for approximately $3.16 million.
- 30 day high of the VNET stock price was $7.58 and low was $6.64.
- 90 day high was $8.99 and low was $6.60.
- 52 week high for 21Vianet Group - $11.98 and low - $6.60.
21Vianet Group 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 -7.99% during the next 3 months and, with 90% probability hold a price between $5.71 and $7.11 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. 21Vianet Group holds a buy signal 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 $7.38. On a fall, the stock will find some support from the short-term average at $6.97. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 41 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
21Vianet Group finds support from accumulated volume at $6.98.
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 $0.21 (2.98%) between high and low. For the last week, the stock has had daily average volatility of 4.76%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
4.76 %Average volatility
Very Low Low Medium High Very High
|VNET $7.02 ($0.20 2.93%)|
VNET is up $0.20 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!