VLO Price Prediction Next Week
Technical Analysis: VLO closed at $134.74 on Friday with a significant decline of -3.16% during regular trading hours. The stock is showing bearish momentum in the short term.
- RSI-14 at 49.36 indicates neutral territory but trending downward
- MACD shows bearish divergence with MACD (0.80) crossing below signal line (1.06)
- Stock is trading between Bollinger Bands (BBL: 127.02, BBM: 136.71, BBU: 146.40)
- Currently trading below both SMA-200 (140.65) and SMA-250 (144.35)
News Impact: Recent news indicates mixed sentiment:
- BMO has included VLO in its new leveraged ETN products tracking major oil companies
- Options market showing moderate implied volatility (31-36%) suggesting potential price swings
- Analysts maintain "Strong Buy" consensus with mean price target of $151, representing 10.3% upside potential
Price Prediction for Next Week: Based on Fibonacci levels and technical indicators:
- Resistance levels: R1: 138.92, R2: 141.66, R3: 146.08
- Support levels: S1: 130.07, S2: 127.34, S3: 122.92
- Pivot point: 134.50
Target Price Range: $130-138
- Bearish scenario (60% probability): Stock likely to test S1 at 130.07
- Bullish scenario (40% probability): May bounce from current levels but face resistance at 138.92
Recommendation: SELL
- Current technical indicators suggest continued downward pressure
- Stock trading below key moving averages
- Bearish MACD crossover signals potential further decline
- Set stop-loss at R1 (138.92) if taking short position
VLO Similar Chart Price Prediction
The price of VLO is predicted to go up -6.9%, based on the high correlation periods with ESNT. The similarity of these two price pattern on the periods is 94.95%.
VLO
ESNT
Down: -6.9%Similarity: 94.95%
VLO Revenue Forecast
VLO EPS Forecast
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VLO VS S&P500
Valero enjoys a cost advantage thanks to its proximity to cost advantaged light crude oil, ability to process discount heavy sour crude, and low operating cost from lower domestic natural gas prices.
Valero is investing in renewable diesel and SAF, which should increase volumes and provide attractive returns, given global blending mandates and favorable renewable fuel credit treatment.
Management has committed to maintaining the dividend through the cycle while returning cash to shareholders with a specific target of 40%-50% of operating cash flow.
VLO Analyst's Forecast
Roger Read
Wells Fargo
Buy
2025-01-31
Price Target
$160 → $159
Upside
+19.55%
Wells Fargo analyst Roger Read lowered the firm's price target on Valero to $159 from $160 and keeps an Overweight rating on the shares. The firm believes refining outlook is constructive despite slightly elevated mtc expected during Q1/FY25.
Nitin Kumar
Mizuho
Buy
2025-01-08
Price Target
$165 → $158
Upside
+26.21%
Theresa Chen
Barclays
Buy
2024-11-11
Price Target
$146 → $140
Upside
+1.43%
