NASDAQ:VLRX
Delisted

Valera Pharmaceuticals Inc Stock Forecast

$0.0202
+0 (+0%)
At Close: Apr 15, 2020
RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Wednesday for Valera Pharmaceuticals Inc stock after losing 0%
(Updated on Apr 15, 2020)

Sell candidate since Jan 21, 2020 Loss -97.43% PDF

No changes to the price of Valera Pharmaceuticals Inc stock on the last trading day (Wednesday, 15th Apr 2020). During the last trading day the stock fluctuated 0% from a day low at $0.0202 to a day high of $0.0202. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $0.0140, a level that may pose a second chance to hit a runner. According to fan-theory $0.420 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

VLRX Signals & Forecast

There are mixed signals in the stock today. The Valera Pharmaceuticals Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0202 and $0.0373. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Thursday, March 19, 2020, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Valera Pharmaceuticals Inc stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and therefore the general risk is considered very 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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VLRX) For The Upcoming Trading Day Of Thursday 16th

For the upcoming trading day on Thursday, 16th we expect Valera Pharmaceuticals Inc to open at $0.0202, and during the day (based on 14 day Average True Range), to move between $0.0096 and $0.0308, which gives a possible trading interval of +/-$0.0106 (+/-52.69%) up or down from last closing price. If Valera Pharmaceuticals Inc takes out the full calculated possible swing range there will be an estimated 105.38% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.0250, some $0.0048 (23.76%) from the current price of $0.0202, our system finds the risk reward not very attractive.

Is Valera Pharmaceuticals Inc stock A Buy?

Valera Pharmaceuticals 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: -3.271 Sell Candidate Unchanged

Predicted Opening Price for Valera Pharmaceuticals Inc of Thursday, April 16, 2020

Fair opening price April 16, 2020 Current price
$0.0202 ( 0%) $0.0202

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VLRX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0202 .
R2 0.0202 .
R1 0.0202 .
Current price: 0.0202
Support S1 0.0202 .
S2 0.0202 .
S3 0.0202 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0.0250 23.76 %
Current price 0.0202
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Valera Pharmaceuticals Inc Stock and on which exchange is it traded?
The symbol for Valera Pharmaceuticals Inc is VLRX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Valera Pharmaceuticals Inc Stock?
Valera Pharmaceuticals 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.

How to buy Valera Pharmaceuticals Inc Stock?
Valera Pharmaceuticals Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Valera Pharmaceuticals Inc Stock.

What's the current price of Valera Pharmaceuticals Inc Stock?
As of the end of day on the 2020-04-15, the price of an Valera Pharmaceuticals Inc (VLRX) share was $0.0202.

What is the 52-week high and low for Valera Pharmaceuticals Inc Stock?
The 52-week high for Valera Pharmaceuticals Inc Stock is $5.20 and the 52-week low is $0.0200.
Click to get the best stock tips daily for free!