NASDAQ trade advice (D): US finance stock | 5-7% gain | USA stock trading idea on 17 Apr 2024

Stock Market
NASDAQ, United States of America

Target hit. Trade closed.

NASDAQ VCTR

17 Apr 2024
19 Apr 2024
19 Apr 2024
3 days
Loss per
100,000 USD
Stop-loss
41.7
Buy Advice
17 Apr 2024
43 – 44
Target 1
19 Apr 2024
46
Target 2
19 Apr 2024
47
Profit per
100,000 USD
3 days
6,818
41.7
43 – 44
46
47
6,818
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Victory Capital Holdings
  • 43 – 44
  • 46 – 47
  • Below 41.7
  • 5% – 7%
  • 14 - 15 Days
  • Buy Victory Capital Holdings
  • Buy
    Range
    43 – 44
  • Target 46 – 47
  • Stoploss Below 41.7
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Victory Capital Holdings (NASDAQ: VCTR) - Stock Overview

  • NASDAQ Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • VCTR
  • Victory Capital Holdings
  • Financial Services
  • 44.14
  • 27.73
  • NASDAQ Code VCTR
  • Stock Name Victory Capital Holdings
  • Sector Financial Services
  • 52 Weeks High 44.14
  • 52 Weeks Low 27.73
  • Company profile

    Incorporated in 2013,Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally. It offers investment advisory, fund administration, fund compliance, fund transfer agent, fund distribution, and other management services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors.

  • Victory Capital Holdings (NASDAQ: VCTR) vs NASDAQ - Relative Strength Comparison

    The image highlights Victory Capital Holdings's performance over the last year versus NASDAQ.
    Relative Performance - Last 1 Year
    VCTR —   NASDAQ —

  • Victory Capital Holdings (NASDAQ: VCTR) - Technical Analysis (Daily)

    Victory Capital Holdings - Technical Analysis chart on Daily Price and Volume
    Victory Capital Holdings - Technical Analysis chart on Daily Price and Volume

    • In the deep consolidation phase, price had formed an Inverted Head & Shoulder pattern, which is very bullish in nature.
    • With a strong bullish candle, price broke the neckline of the pattern and has give a sharp upmove which led the price to its All Time High.
    • With a short pullback, price further trying to move upside.
    • As the volume is also increasing, we can expect a further rally from the price.
  • Victory Capital Holdings (NASDAQ: VCTR) - RSI Indicator

    Victory Capital Holdings stock analysis based on RSI Indicator
    Victory Capital Holdings - RSI Indicator

    • Current RSI of this stock is 70.90, which indicates the strength of buyers.

  • Victory Capital Holdings (NASDAQ: VCTR) - ADX & DI Indicator

    Victory Capital Holdings stock analysis based on ADX & DI Indicator
    Victory Capital Holdings - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Victory Capital Holdings (NASDAQ: VCTR) - MA Crossover

    Victory Capital Holdings stock analysis based on MA Crossover
    Victory Capital Holdings - MA Crossover

    • The short length moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Victory Capital Holdings (NASDAQ: VCTR) Stock Price Forcast

    Based on our swing trading picks for NYSE stocks, Victory Capital Holdings stock price target will be USD 46 - USD 47 in the next 14-15 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for US Stock Market Update

    USA Stock Analysis

    The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe.
    Maximize your return with our precise trading advice on the USA stock exchange! We recommend an technology stock poised for
    Get expert short-term trading advice for the USA stock exchange. This energy stock is projected to deliver 5%-6% returns in
    Short Term Trading Alert: This Consumer Discretionary stock has the upside potential of 5-6% in 14-15 trading days. Swing Trading
    Short Term Trading Advice: Qualcomm Inc (NASDAQ - QCOM) has the upside potential of 5-6% in 14-15 trading days

    Join Our Telegram Channel for Saudi Stock Market Update

    Saudi Stock Analysis

    Maximize your return with our precise trading advice on Saudi stock exchange Tadawul! We recommend buying Arabian Pipes (Tadawul 2200)
    Short Term Trading Alert: This Saudi health care equipment stock has the upside potential of 8-10% in 12-14 trading days.
    Get expert short-term trading advice for the Saudi stock exchange Tadawul. Buy Etihad Atheeb Telecom (Tadawul 7040) for 13%-16% returns
    Short term trading advice for Shariah compliant Tadawul stocks. Buy Riyadh Cables Group (Tadawul 4142) with potential for 15-17% returns
    Maximize your trading returns in Saudi stock exchange Tadawul! Discover a shariah halal materials sector stock having 7-9% gains in
    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website