The Hourly View for VSTO
At the time of this writing, VSTO (Get Ratings)’s price is up $0.15 (0.37%) from the hour prior. This is the 2nd hour in a row VSTO has seen its price head up. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 100, 20 and 50 hour moving averages, resulting in them so that price is now turning above them. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Out of Defense stocks, VSTO ranks 4th in regards to today’s price percentage change.
VSTO’s Technical Outlook on the Daily Chart
At the time of this writing, VSTO’s price is up $0.54 (1.33%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes. Regarding moving averages, it should first be noted that price has crossed the 20 day moving average, resulting in them with price now being above it. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Vista Outdoor Inc’s price action over the past 90 days can be seen via the chart below.
<VSTO's volume of shares traded is 37739; this is 88.62% lower than that of its 7 day average.
VSTO: Daily RSI Analysis
- For VSTO, its RSI is now at 31.3953.
- VSTO and RSI both have consistent trends, as they are both heading down.
Want More Great Investing Ideas?
The post Vista Outdoor Inc (VSTO): Price Up $0.54 (1.33)% Over Past Day, Up $0.15 (0.37)% Over Past Hour appeared first on ETF Daily News.