VVS Finance Price is a stock that has been doing very poorly in the past few months. The trend continued until it was among the stocks with the highest losses in November. Towards the end of last month, VVS had fallen by 13 percent to be trading at $95.57 and could have easily collapsed even more if it weren’t for a change in trend at the end of last week happening when VVS sold off by 3.8 percent on Thursday 5th December and then sold off by an additional 4.7 percent on Friday 6th December to be trading at just $89 (at least according to Yahoo Finance).
So, what changed in the stock to drive it down?
Well, VVS had a very good 2015. It went up by 22% in Q1 and then went on to rise by an additional 20% by the end of Q2. However, even though it continued to rise into Q3, the increases were considerably smaller than those seen in previous quarters. This is what caused its price to start declining eventually. The worst thing that happened was that VVS Finance Price began a freefall right around the time of the US elections and has never looked back since then.
VVS Finance Price Prediction
VVS Finance Price is currently trading at $91.38. This means that VVS is going to rise by 3.2% in the coming year, which isn’t going to be much of a rise at all considering the overall market trends and the recent performance of VVS Finance Price. After looking at other stock prices, we can see that VVS Finance Price has very weak support and is extremely prone to support breaks, so that would make us think it’s best to hold onto our position and wait for support levels to fail before selling of course. Since VVS Finance Price is extremely volatile, we all know that it could be a good idea to keep an eye on its key levels as well as support and resistance. On the other hand, this is an extremely risky stock because of that, so we would only recommend taking a position if you have some experience in the financial markets.
Long-term & Final Thoughts on VVS Finance Price Prediction
VVS Finance Price has been suffering from low sales and low demand lately, which has caused its price to plummet. The lack of growth in Q3 and Q4 is what turned it into a “falling knife” type of stock, meaning that investors should avoid trading it. That being said, it’s still strongly affected by the overall market trends and its long-term trend is still recovering, so there’s a possibility of it recovering to new highs in the coming year.
This is going to depend on how well Q4 goes as well as how quickly VVS Finance Price recovers by March 2017. The stock has suffered from extremely low sales even though its sales are growing, which means that you should be extra careful when trading VVS Finance Price. It could lose any gains it has had during this period in a very short amount of time.
A Possible Resurgence for VVS Finance Price
VVS Finance Price is a stock that has been doing very poorly in the past few months. The trend continued until it was among the stocks with the highest losses in November. Towards the end of last month, VVS had fallen by 13 percent to be trading at $95.57 and could have easily collapsed even more if it weren’t for a change in trend at the end of last week happening when VVS sold off by 3.8 percent on Thursday 5th December and then sold off by an additional 4.7 percent on Friday 6th December to be trading at just $89 (at least according to Yahoo Finance).
