Valero stock: buy or sell

VLO stock price: $67.30 2.62% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

1

Valero stock brief

  • Valero closed on Wednesday at $67.30 (2.62%) prior to reporting financial results on Thursday
  • Valero gained a 5.63% in 4 consecutive sessions in green
  • On Thursday, Valero presented its Q2 earnings report
  • Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally.

Should I buy Valero stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $VLO stock a buy?

Currently, Valero stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $VLO will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Valero stock?

When you are a novel trader and you own stock shares with some profit, it's really difficult to decide the good moment to sell and get your profits. Trading strategies let us to avoid impulsive decisions based on our sentiments or the noise that surrounds the market. When selling, as well as buying, our setups are very simple to follow and are only applicable for selling shares you already own, not for shorting $VLO stock

As a golden rule, you must never mantain a trading operation that generates losses greater than those expected by the time of purchase. The timing to sell your stock always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Valero stock?

In the current situation of Valero there is not any eligible sell setup, so Valero stock holders with operations in profit can keep their positions

Valero ratings

We don't have any rating published in the previous 30 days for Valero

Valero stock analysis

SMAs overview

VLO stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $68.19 (1.32% above)
  • R2: $69.56 (3.36% above)
  • R3: $70.29 (4.44% above)
  • The current support levels are:

  • S1: $66.59 (-1.05% below)
  • S2: $66.12 (-1.75% below)
  • S3: $64.28 (-4.49% below)
  • Bollinger bands

    Since the price broke down the lower band on July 19, the price bounced by 10.76%

    VLO stock Bollinger Bands chart

    Relative strength index

    The RSI crossed up the oversold level of 30 on July 21 after just being in the oversold zone for a single day (what can be considered a strength signal). The RSI reading on Wednesday was 42.33. Since then, Valero stock skyrocketed a 7.56%

    VLO stock RSI chart

    Valero stock price history

    Valero went public priced at an adjusted price1 of $1.80 on Jan 1982. Since then, VLO stock has risen by 3,638.89%, with an average of 93.30% per year. An investment of $1,000USD on Jan 1982 would worth $37,388.89 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    VLO stock price history chart

    Price target for Valero stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions post their price estimates based on the stock price action and the company fundamental data. Most of these forecasts follow the publication of new financial data by the company, and usually. If you are a small investor you shouldn't trade based on these predictions.

    In the previous 30 days we couldn't find any price target posted for Valero stock.

    Earnings and financials

    Valero ($VLO) hosted the quarterly earnings event and posted the report on Thursday.

    Same quarter one year ago, reported EPS was $-1.25, so current EPS is 100.00%. Looking at turnover, figures inched down a -5.05% compared to $207.3B year over year.

    Valero ($VLO) is presenting earnings report next October.

    Valero performance

    VLO performance compared
    Company1m3m6m
    Valero ($VLO) -14.00% -9.40% 16.20%

    Disclaimer:
    The comments given in this article are personal and not recommendations for you to buy or sell stocks. The author of this article does not know the specific scenarios of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for educative motives only

    Valero summary

    Wednesday, July 28th, 2021
    Open$66.11
    Close$67.3
    Day range$65.53 - $67.99
    Previous close$65.58
    Session gain2.62%
    Average true range$3.12
    50d mov avg$76.01
    100d mov avg$75.10
    200d mov avg$64.84
    Earnings dateOctober 20th, 2021

    Frequently asked questions

    What is Valero stock symbol?

    Valero Energy Corporation is a public company trading in the US stock market with the VLO symbol

    Is Valero stock a buy or sell?

    Valero had no ratings in the last 30 days Read the article to get additional tips on trading VLO stock.

    Will VLO go up?

    There were no forecasts posted by analysts in the last month for Valero.