Vipshop Holdings Limited (NYSE:VIPS) Key Indicators And Emerging Themes

Vipshop Holdings Limited (NYSE:VIPS) fell by -1.57% in Wednesday’s trading session from $8.28 to $8.15. The price has fallen in 7 of the last 10 days and is down by -11.12% over the same course of time. There was a decrease in both volume and price. This is usually interpreted as a good sign as traders widely believe falling stock should see declining volume. Traded activity experienced a fall of -16.39 million shares and in total 8.84 M shares exchanged hands for about $72.05 million.

Inside VIPS’s Recent Trend

Vipshop Holdings Limited (VIPS) lies in the middle of a very wide and falling trend in the short term and pointed towards extra losses. Short-term traders are anticipated to see a retreat of -29.10% over the course of a quarter and, with 90% chance the price will be floating in the range of $4.96 and $6.69 in this timeframe.

Vipshop Holdings Limited Technical Signals

VIPS has witnessed its long term and short term MA triggering a sell signal. Many traders watch for long-term averages to cross above short-term averages to signal the beginning of a downtrend. Upon corrections, the price will meet resistance from the averages between $8.42 and $9.14. A buy signal will be generated if it crosses above any of these levels. Its pivot point high generated sell signal on Monday September 18, 2017, which calls for additional declines until the stock forms a new pivot point low, as this could be a buying opportunity. The downbeat movement of both volume and price during the recent session is interpreted as a good sign because traders usually believe falling stock should see declining volume.

Vipshop Holdings Limited (NYSE:VIPS) Support And Resistance Levels

There is no support from accumulated volume below today’s level and given the right condition the stock may perform very badly in the next couple of days. In case of gains, the next resistance from accumulated volume will not be far away from today’s level at $8.28, $9.27 and $9.34.

Accumulated volume is going to prevent the price from rising further at $8.28 and this action will lead the price to take a temporary pause or stay muted for a few days.

Vipshop Holdings Limited (VIPS) Risk Assessment

A volatility based measure Bollinger Bands suggests this stock poses high risk. In the most recent session, the stock price hovered around $0.33 between high and low, or 4.05%. The average volatility for the past week stood at 3.47%.

Vipshop Holdings Limited is in oversold territory based on Relative Strength Index reading (20). In some cases it takes more time for the trend to shift while the stock is being oversold and the Relative Strength Index keeps moving.

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