The Hourly View for VSCO
At the time of this writing, VSCO (Get Ratings)’s price is up $0.12 (0.23%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
VSCO ranks 21st in terms of today’s price percentage change out of Retail stocks.
VSCO’s Technical Outlook on the Daily Chart
Currently, VSCO’s price is up $0.49 (0.92%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as VSCO has now gone down 8 of the past 10 days. As for the trend on the daily timeframe, we see the clearest trend on the 40 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Victoria’s Secret & Co’s price action over the past 90 days can be seen via the chart below.
<VSCO's volume of shares traded is 100470; this is 93.04% lower than that of its 7 day average.
VSCO: Daily RSI Analysis
- For VSCO, its RSI is now at 67.6533.
- VSCO and RSI may be exhibiting divergent trends. This may be something to monitor.
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The post Victoria’s Secret & Co (VSCO): Price Up $0.49 (0.92)% Over Past Day, Up $0.12 (0.23)% Over Past Hour appeared first on ETF Daily News.