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

Date
April 17, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NASDAQ, United States of America

Short Term Stock Trading Advice in USA

  • 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.

    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
  • 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 Forecast

    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.

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    Target hit. Trade closed.

    NASDAQ VCTR

    17 Apr 2024
    19 Apr 2024
    19 Apr 2024
    3 days
    Loss per
    100,000 SAR
    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 SAR
    3 days
    6,818
    41.7
    43 – 44
    46
    47
    6,818
    17 Apr 2024
    19 Apr 2024
    19 Apr 2024
    3 days
    Loss per
    100,000 SAR
    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 SAR
    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
  • 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 Forecast

    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.

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    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