VTIQW stock: buy or sell?

VTIQW stock price: $1.95 103.13% At close on April 6th, 2020

Updated on:
April 6th, 2020

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Shares of VectoIQ Acquisition closed today at $1.95 and climbed an astounding 103.13%. Counting Monday, it's been 4 climbing days in a row, adding $1.23 or 166.22%.

Should I buy VTIQW 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. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, VectoIQ Acquisition stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is VectoIQ Acquisition stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for VTIQW stock for the last month.

VTIQW stock analysis

Daily outlook

VectoIQ Acquisition shares climbed 103.13% to $1.95 today.

Shares of VectoIQ Acquisition closed today at $1.95 and climbed an astounding 103.13%. From a daily perspective, VTIQW is in a short term uptrend after plotting its last bottom ($0.67, on February) higher than the previous bottom, and its last top ($1.29, on February) also over the previous top. Now trading in between its last bottom and last top VTIQW might consolidate in a plain range, waiting to break out over $1.29 or down under $0.67. Since last November when SMA50d and SMA100d crossed up, VTIQW price gained $1.35 per share (225.00%). Since price and SMA100d lines crossed up on October, VTIQW climbed $1.45 (290.00%).

VTIQW stock chart (daily)

Weekly outlook

Shares of VectoIQ Acquisition climbed an exceptional 103.13% this week. With this, it's been 3 green weeks in a row, gaining $1.21 or 161.33%.

VectoIQ Acquisition stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Early October, SMA20w and SMA40w crossed up triggering a rise of 290.00%. Since mid October 2019 when VTIQW stock price broke up the SMA20w line, it gained $1.45 (290.00%).

VTIQW stock chart (weekly)

VTIQW stock price history

VTIQW IPO was on June 11th, 2018 at $9.57 per share1. Since then, VTIQW stock declined a -79.60%, with a yearly average of -79.60%.

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

VTIQW stock historical price chart

VTIQW stock reached all-time highs with a price of $9.58.

VTIQW stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' VTIQW stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price forecast for VectoIQ Acquisition stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

VTIQW earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

VectoIQ Acquisition ownership

When you are planning to buy a stock, it's worth to check its ownership structure.

VectoIQ Acquisition shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

For a better understanding, the next table shows ownership data compared to other related companies:

VTIQW
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

VTIQW summary

Monday, April 6th, 2020
Open$2.04
Close$1.95
Day range$1.80 - $2.04
Previous close$0.96
Session gain103.13%
Average true range$0.16
50d mov avg$0.65
100d mov avg$0.56
200d mov avg$0.00
Daily patternlt06a
Weekly pattern lt06a

VectoIQ Acquisition performance

To better understand VectoIQ Acquisition performance you must compare its gains with other related stocks in same sector or industry. We compared VectoIQ Acquisition against in the following table:
Stock3m6m12m
VTIQWVectoIQ Acquisiti...230.51%290.00%209.52%

VectoIQ Acquisition competitors

Unfortunately, we could not find any public company that could be defined as VectoIQ Acquisition competitor. This doesn't mean VectoIQ Acquisition does not have any competitor in the market, it's just we could not detected it.