Willamette Valley Vineyards Inc Forecast and Stock Analysis
Technical WVVIP stock analysis for February 21, 2019.
| Shorts | n/a |
| Cash | n/a |
| Loans | n/a |
| Beta | 0.26 |
| ROA | 3.84 |
Willamette Valley Vineyards Inc gained 2.27% in the last trading day, rising from $4.89 to $5.00 The price has been going up and down for this period, and there has been a 2.94% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 85 more shares were traded than the day before. In total, 100 shares bought and sold for approximately $500.00.
Close price at the end of the last trading day (Thursday, 21st Feb 2019) of the WVVIP stock was $5.00. This is 2.27% more than the trading day before Wednesday, 20th Feb 2019.
During day the stock fluctuated 0.00% from a day low at $5.00 to a day high of $5.00.
30 day high of the WVVIP stock price was $5.02 and low was $4.56.
90 day high was $5.25 and low was $4.40.
52 week high for the Willamette Valley Vineyards Inc - $5.25 and low - $4.38.
Trend
Given the current horizontal trend you can expect Willamette Valley Vineyards Inc with 90% probability to be traded between $4.33 and $5.11 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Signals
Only positive signals in the chart today. Willamette Valley Vineyards Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $4.93 and $4.90. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday February 04, 2019, which indicates further gains until a new top pivot has been found. Willamette Valley Vineyards Inc has rising volume and follows the last lift in the price. This considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
* 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.
Relative Strength Index (RSI)
RSI14 is 50 and the stock is currently not being overbought or oversold
Support & Resistance
Willamette Valley Vineyards Inc finds support from accumulated volume at $4.92.
Risk
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 $0.00 (0.00%) between high and low. For the last week, the stock has had a daily average volatility of 1.16%.
Our recommended stoploss: $4.71 (-5.74%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 12 days ago.)
Overall risk:
Very Low Low Medium High Very High
Evaluation: Buy Candidate
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for this stock to perform well in the short-term period.
