Vishay Precision Group Inc Stock Forecast
Vishay Precision Group Inc stock price up 0.605% on Friday
(Updated on Apr 19, 2024)
The Vishay Precision Group Inc stock price gained 0.605% on the last trading day (Friday, 19th Apr 2024), rising from $33.07 to $33.27. During the last trading day the stock fluctuated 1.98% from a day low at $32.91 to a day high of $33.56. The price has risen in 7 of the last 10 days but is still down by -2.66% for this period. Volume fell on the last day by -15 thousand shares and in total, 28 thousand shares were bought and sold for approximately $922.21 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $32.84 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.41% during the next 3 months and, with a 90% probability hold a price between $34.62 and $38.92 at the end of this 3-month period.
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VPG Signals & Forecast
There are mixed signals in the stock today. The Vishay Precision Group Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $34.22. On a fall, the stock will find some support from the short-term average at $33.23. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 1.49%. Further rise is indicated until a new top pivot has been found. The stock had a Golden Star Signal on Wednesday, February 07, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Wednesday, February 07, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Vishay Precision Group Inc stock
Vishay Precision Group Inc finds support from accumulated volume at $33.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.650 between high and low, or 1.98%. For the last week the stock has had daily average volatility of 3.06%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VPG) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Vishay Precision Group Inc to open at $33.25, and during the day (based on 14 day Average True Range), to move between $32.42 and $34.12, which gives a possible trading interval of +/-$0.85 (+/-2.57%) up or down from last closing price. If Vishay Precision Group Inc takes out the full calculated possible swing range there will be an estimated 5.13% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $33.18 (0.27%) than the resistance at $34.70 (4.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vishay Precision Group Inc stock A Buy?
Vishay Precision Group Inc 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.
Current score: -3.121 Sell Candidate Unchanged
Predicted Opening Price for Vishay Precision Group Inc of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $33.25 ( 0.0701%) | $33.27 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VPG
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 33.90 | 1.88 % | |
| R2 | 33.65 | 1.14 % | ||
| R1 | 33.49 | 0.676 % | ||
| Current price: | 33.27 | |||
| Support | S1 | 33.00 | -0.82 % | |
| S2 | 32.84 | -1.28 % | ||
| S3 | 32.60 | -2.02 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 35.58 | 6.94 % | |
| R2 | 35.38 | 6.34 % | ||
| R1 | 34.70 | 4.30 % | ||
| Current price | 33.27 | |||
| Support | S1 | 33.18 | -0.271% | |
| S2 | 32.50 | -2.31% | ||
| S3 | 31.86 | -4.24% |
FAQ
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