Vietnam Hldg Ltd Forecast and Stock Analysis
Technical VNH.L stock analysis for Wednesday May 22, 2019.
No changes to the price of Vietnam Hldg Ltd in the last trading day ( Wednesday, 22nd May 2019 ). During day the stock fluctuated 1.76% from a day low at $170.00 to a day high of $173.00. The price has been going up and down for this period, and there has been a -1.43% loss for the last 2 weeks.
- 30 day high of the VNH.L stock price was $178.00 and low was $168.00.
- 90 day high was $187.00 and low was $2.20.
- 52 week high for the Vietnam Hldg Ltd - $187.00 and low - $2.20.
Vietnam Hldg Ltd lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $167.32 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 82.24% during the next 3 months and, with 90% probability hold a price between $304.92 and $545.08 at the end of this period.
The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Vietnam Hldg Ltd 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 $176.59. On a fall, the stock will find some support from the short-term average at $171.29. 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. A sales signal was issued from a pivot top point on Tuesday May 21, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSI14 is 32 and the stock is currently not being overbought or oversold
Support & Resistance
Vietnam Hldg Ltd finds support from accumulated volume at $171.00.
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 $3.00 (1.76%) between high and low. For the last week, the stock has had a daily average volatility of 1.90%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
1.90 %Average volatility
Very Low Low Medium High Very High
Vietnam Hldg Ltd holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
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