Vodafone (VOD) exhibits sturdy technical momentum, hitting new 2-year highs on Aug. 27.
VOD maintains a 100% Barchart “Purchase” opinion with sturdy worth appreciation.
The inventory presents a 4.38% dividend yield, interesting to complete return buyers.
Basically, income is projected to rise this 12 months, however earnings are risky. Analyst sentiment is combined with worth targets round present ranges.
Valued at $29.3 billion, Vodafone (VOD) is the world’s largest worldwide cellular communications agency. Their main operation is in digital and analog mobile phone networks.
I discovered in the present day’s Chart of the Day by utilizing Barchart’s highly effective screening features to type for shares with the best technical purchase alerts; superior present momentum in each energy and path; and a Pattern Seeker “purchase” sign. I then used Barchart’s Flipcharts characteristic to assessment the charts for constant worth appreciation. VOD checks these containers. Because the Pattern Seeker signaled a purchase on Aug. 6, the inventory has gained 4.6%.
VOD Value vs. Every day Transferring Averages:
Editor’s Observe: The technical indicators beneath are up to date dwell in the course of the session each 20 minutes and may subsequently change every day because the market fluctuates. The indicator numbers proven beneath subsequently could not match what you see dwell on the Barchart.com web site once you learn this report. These technical indicators kind the Barchart Opinion on a selected inventory.
Vodafone shares closed at a brand new 2-year excessive on Aug. 27, touching $12.06 on the finish of the day.
Vodafone has a Weighted Alpha of +31.53.
VOD has an 100% “Purchase” opinion from Barchart.
The inventory gained 20.49% over the previous 12 months.
VOD has its Pattern Seeker “Purchase” sign intact.
Vodafone is buying and selling above its 20-, 50-, and 100-day shifting averages.
The inventory made 13 new highs and gained 5.92% within the final month.
Relative Energy Index (RSI) is at 62.86%.
There’s a technical assist stage round $11.95.
$29.3 billion market capitalization.
4.38% Dividend yield
Income is projected to extend 7.42% this 12 months however lower by 0.10% subsequent 12 months
Earnings are estimated to be down 9.02% this 12 months and enhance once more by 40.50% subsequent 12 months.
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