VVX Price Prediction Next Week
Analysis and Insights
To predict the stock price of VVX (iPath Series B S&P 500 VIX Short-Term Futures ETN) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
The VVX is currently trading at $48.10, with a 14-day RSI of 47.77, indicating a neutral position. The MACD is slightly bullish at 0.66, suggesting potential upward momentum. Bollinger Bands show the price near the lower end, signaling possible volatility.
News Impact:
Recent discussions suggest increased market volatility expectations, with the VIX potentially rallying due to short covering. This could positively impact VVX, as it is linked to VIX futures.
Price Prediction:
Based on technical indicators and news sentiment, VVX is expected to rise to $50.30 next week.
Recommendation:
Buy VVX if anticipating increased market volatility. However, consider selling if the market stabilizes, as VVX is designed for short-term trading.
VVX Similar Chart Price Prediction
The price of VVX is predicted to go up 1.92%, based on the high correlation periods with PBF. The similarity of these two price pattern on the periods is 96.5%.
VVX
PBF
Up: 1.92%Similarity: 96.5%
VVX Revenue Forecast
VVX EPS Forecast
VVX FAQs
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VVX Analyst's Forecast
Jason Gursky
Citigroup
Strong Buy
2025-01-21
Price Target
$64
Upside
+16.03%
Citi initiated coverage of V2X with a Buy rating and $64 price target. The firm is constructive on the outlook for defense spending given the geopolitical backdrop and expects efficiency efforts by the incoming U.S. administration to potentially lead to more outsourcing should government headcount shrink. Further, Citi expects continued revenue synergies from a recent merger as the company combines an installed base with additional capabilities to sell, and notes that it recently hired a new Chief Growth Officer to focus its efforts. Margins look stable but low risk, at this point, given revenue visibility, and recompete risk also appears low relative to competitors over the next 6 to 8 quarters, the firm adds. All of this is set against compelling valuation, in Citi's view.
Brian Gesuale
Raymond James
Strong Buy → Buy
2025-01-02
Price Target
$72 → $65
Upside
+36.58%
Ken Herbert
RBC Capital
Buy → Hold
2024-12-19
Price Target
$70 → $58
Upside
+18.27%
