Valero stock: buy or sell

VLO stock price: $71.39 -1.23% At close on Apr 15th, 2021

Updated on:
Apr 16th, 2021

1

Valero stock brief

  • Valero closed on Thursday at $71.39 after going down a -1.23%.
  • The stock is configuring an uptrend pattern since October 2020, when it bottomed at $34.29. This uptrend marked a 108.19% gain
  • 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?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. 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 matches one trading strategy:

Uptrend buy setup

Valero stock continues to trend higher since in October 2020 and marked an amazing 108.19% gain. Price marked a pull back in this uptrend at $69.05 in late March, and since then it bounced up a 3.39%. Now, it's just 18.21% away from breaking out over its last top and resume the uptrend. The new buy point is therefore at $84.39. If you decide to enter this trade, the suggested stop loss is at $75.95

Buy setupBuy pointStop lossRisk
Uptrend buy setup$84.39$75.9510.00%

Should I sell Valero stock?

"To sell or not to sell", if you are holding Valero stock?. Trading strategies help us to avoid impetuous decisions based on our feelings or the noise surrounding the market. We like very simple strategies to guide us on when is a good time to sell our shares. Be aware that these strategies are not intended for shorting Valero stock

A guiding principle is that you should never hold a trading operation that yields losses greater than those expected at the time of purchase. When to sell shares should always be dictated by the stop-loss (automatic or manual)

Is it time to sell Valero stock?

Currently, Valero stock doesn't match any of our preferred sell setups, so if you hold Valero shares and your operation is in profit probably is not time to sell now

Valero ratings

In the last 30 days, 6 analyst ratings were published for Valero. General sentiment is bullish, with 5 out of 6 posting positive outlooks

Valero analysts' ratings - Last month
Brokerage firmRating
Mar 17th, 2021
Morgan Stanley Buy
Raymond James Buy
Mar 23rd, 2021
Raymond James Buy
Apr 1st, 2021
Piper Sandler Buy
Apr 5th, 2021
Tudor Pickering NeutralStrong buy
Apr 12th, 2021
Credit Suisse Group

Valero stock analysis

Valero shares started an uptrend in October 2020, and gained a gorgeous 108.19%. The chart shows higher highs and higher lows, and along the way gave some buying opportunities for those who wanted to trade in. Latest low was in late March, when price bounced at $69.05. Now, the price moves in a consolidation between its last top ($84.39) and its last bottom ($69.05)

SMAs overview

VLO stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $72.30 (1.27% above)
  • R2: $72.61 (1.71% above)
  • R3: $72.85 (2.05% above)
  • The current support levels are:

  • S1: $71.18 (-0.29% below)
  • S2: $70.44 (-1.33% below)
  • S3: $69.05 (-3.28% below)
  • Bollinger bands

    The price is moving near to the lower Bollinger band, poiting some level of oversold in recent sessions. This is not a buy signal, as price can trade in these levels for many days and weeks

    VLO stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in mid-March after just crossing to the overbough zone for just one day (weak signal). The RSI reading on Thursday was 45.54. Since then, Valero shares sank a 13.38%

    VLO stock RSI chart

    Valero stock price history

    Valero started trading priced at an adjusted price1 of $1.82 on Jan 1982. Since then, VLO stock surged by 3,822.53%, with an average of 98.01% per year. An investment of $1,000USD on the IPO would have a value of $39,225.27 today.

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

    VLO stock price history chart

    Price target for Valero stock

    Nobody can predict how much a share will be priced in the future. Banks and financial organisations post their analysis predicting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions publish their price forecasts based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new fundamental data by the company, and many times. If you are a small investor you shouldn't trade based on these projections.

    Averaging all price targets exposed below, the forecasted price for Valero stock is $91.50. Valero closed at $71.39 on Thursday, that is a 21.98% than the forecasted price.

    Valero stock price predictions
    Brokerage firmPrice target
    Mar 17th, 2021
    Morgan Stanley $74.00$100.00
    Raymond James $69.00$96.00
    Mar 23rd, 2021
    Raymond James $69.00$96.00
    Apr 1st, 2021
    Piper Sandler $70.00$80.00
    Apr 5th, 2021
    Tudor Pickering $87.00
    Apr 12th, 2021
    Credit Suisse Group $85.00$90.00

    Earnings and financials

    Valero Energy Corporation ($VLO) published quarterly earnings of $-1.06 per share last January, strongly uplifting the Market consensus estimate of $-1.42 per share. This quarterly report means an earnings surprise of 25.35%. On the contrary, the company said turnover for this quarter was $16.6 billion aligned with the market forecasts.

    In contrast, the EPS for the same quarter last year was $2.13, so posted EPS is a drop of -149.77%. Turnover sank a -42.10% on an annualized basis in the , from $264.2B to $153.0B last quarter.

    Valero ($VLO) presents financial report on April 28. Expected for this quarter is $-1.05, compared to $-1.06 that was reported for Q4.

    Valero performance

    VLO performance compared
    Company1m3m6m
    Valero ($VLO) -9.30% 24.80% 78.00%

    Please read:
    The viewpoints published in this article are personal and not recommendations for you to buy or sell stocks. The author of this document does not know the particular conditions of the reader, his or her own finances 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 expressed for educative purposes only

    Valero summary

    Thursday, April 15th, 2021
    Open$71.8
    Close$71.39
    Day range$70.6 - $72.2
    Previous close$72.28
    Session gain-1.23%
    Average true range$2.77
    50d mov avg$72.82
    100d mov avg$64.54
    200d mov avg$55.90
    Earnings dateApril 28th, 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 received 6 ratings in the last 30 days: 5 bullish, 0 bearish and 0 neutral.

    Will VLO go up?

    Valero had different price predictions issued by analysts in the last 30 days setting the target price to $91.50. That is a 28.17% than the last price ($71.39).