Royal Vopak NV Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Royal Vopak NV stock upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Apr 17, 2024)
The Royal Vopak NV stock price gained 0.99% on the last trading day (Wednesday, 17th Apr 2024), rising from 36.32€ to 36.68€. During the last trading day the stock fluctuated 2.44% from a day low at 36.08€ to a day high of 36.96€. The price has been going up and down for this period, and there has been a 0.71% gain for the last 2 weeks. Volume fell on the last day by -109 thousand shares and in total, 135 thousand shares were bought and sold for approximately 4.97€ million. 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 middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 31.22% during the next 3 months and, with a 90% probability hold a price between 46.67€ and 49.85€ at the end of this 3-month period.
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VPK.AS Signals & Forecast
The Royal Vopak NV stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 36.87€. On a fall, the stock will find some support from the long-term average at approximately 35.09€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, April 10, 2024, and so far it has fallen -1.56%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Royal Vopak NV stock
On the downside, the stock finds support just below today's level from accumulated volume at 32.39€ and 28.95€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Royal Vopak NV finds support just below today's level at 32.39€. If this is broken, then the next support from accumulated volume will be at 28.95€ and 28.26€.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 0.88€ between high and low, or 2.44%. For the last week, the stock has had daily average volatility of 1.73%.
Our recommended stop-loss: 35.36€ (-3.59%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (VPK.AS) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect Royal Vopak NV to open at 36.57€, and during the day (based on 14 day Average True Range), to move between 36.10€ and 37.26€, which gives a possible trading interval of +/-0.584€ (+/-1.59%) up or down from last closing price. If Royal Vopak NV takes out the full calculated possible swing range there will be an estimated 3.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 36.92€ (0.65%) than the support at 32.39€ (11.70%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Royal Vopak NV stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Royal Vopak NV stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.364 Buy Candidate Upgraded
Predicted Opening Price for Royal Vopak NV of Thursday, April 18, 2024
| Fair opening price April 18, 2024 | Current price |
|---|---|
| 36.57€ ( 0.291%) | 36.68€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VPK.AS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 37.45 | 2.11 % | |
| R2 | 37.12 | 1.19 % | ||
| R1 | 36.91 | 0.626 % | ||
| Current price: | 36.68 | |||
| Support | S1 | 36.24 | -1.21 % | |
| S2 | 36.03 | -1.77 % | ||
| S3 | 35.69 | -2.69 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 37.26 | 1.58 % | |
| R2 | 37.14 | 1.25 % | ||
| R1 | 36.92 | 0.654 % | ||
| Current price | 36.68 | |||
| Support | S1 | 32.39 | -11.70% | |
| S2 | 28.95 | -21.07% | ||
| S3 | 28.26 | -22.96% |
VPK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 26, 2024 | Apr 26, 2024 | May 03, 2024 | 1.50€ | 4.09% |
| 2 | Apr 28, 2023 | Apr 28, 2023 | Apr 28, 2023 | 1.30€ | 3.76% |
| 3 | Apr 22, 2022 | Apr 22, 2022 | Apr 22, 2022 | 1.25€ | 4.50% |
| 4 | Apr 23, 2021 | Apr 23, 2021 | Apr 23, 2021 | 1.20€ | 3.17% |
| 5 | Feb 12, 2020 | Apr 23, 2020 | Apr 29, 2020 | 1.15€ | 2.17% |
FAQ
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