Wed 17'th Oct 2018
ViaSat Stock Analysis
Technical stock analysis for Wed 17'th Oct 2018
|Shorts||30.78% ( 2018-09-28 )|
|Loans||1 021.7 mill|
ViaSat gained 0.09% in the last trading day, rising from $63.19 to $63.25 , and has now gained 4 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. The price has risen in 6 of the last 10 days , but is still down by -0.5% for this period. Volume fell in the last day by -113 252 shares, and in total, 252 220 shares bought and sold for approximately $15.95 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.
ViaSat 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 -10.51% during the next 3 months and, with 90% probability hold a price between $48.17 and $59.03 at the end of this period.
ViaSat holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $62.14 and $62.98. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday October 12, 2018, 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 may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSI14 is 50 and the stock is currently not being overbought or oversold
Support & Resistance
ViaSat finds support from accumulated volume at $62.87.
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 $1.39 (2.23%) between high and low. For the last week, the stock has had a daily average volatility of 3.50%.
Our recommended stoploss: $60.63 (-4.14%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)
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ViaSat holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.Click for Top 5 Hold/Accumulates
|VSAT $63.25 $0.06(0.09%)|
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