Critical Factors Ahead For Viavi Solutions Inc. (VIAV), RLJ Lodging Trust (RLJ)

The price of Viavi Solutions Inc. (NASDAQ:VIAV) went up by $0.45 now trading at $10.66. Their shares witnessed a 25.56% increase from the 52-week low price of $8.49 they recorded on 2018-01-24. Even though it is still -20.26% behind the $12.82 high touched on 2018-10-03. The last few days have been good for the stock, as its price has grew by 7.57% during the week. It has also performed poorly over the past three months, as it lost around -4.39% while it has so far climbed around 19.91% during the course of a year. The stock of VIAV recorded 21.97% uptrend from the beginning of this year till date. The 12-month potential price target for Viavi Solutions Inc. is set at $13.53. This target means that the stock has an upside potential to increase by 26.92% from the current trading price.

When giving their opinion, around 81.82% of Wall Street analysts, which represents 9 out of 11 rated the stock as a Buy. 1 brokerage firms of the remaining 9.09% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate VIAV shares held by institutional investors represents 92.9% of total shares. 43 institutions entered new Viavi Solutions Inc. (NASDAQ:VIAV) positions, 126 added to their existing positions in these shares, 107 lowered their positions, and 36 exited their positions entirely.

Viavi Solutions Inc. (VIAV) trade volume has increased by 23.65% as around 3,250,442 shares were sold when compared with its 50-day average volume of traded shares which is 2,628,666. At the moment, VIAV is witnessing a uptrend, as it is trading 5.69% above its 20-day SMA, -3.89% below its 50-day SMA, and 1.92% below its 200-day SMA. The company runs an ROE of roughly -7.6%, with financial analysts predicting that their earnings per share growth will be around 15% per annum for the next five year. This will be compared to the -23.3% decrease witnessed over the past five years.

The first technical resistance point for Viavi Solutions Inc. (NASDAQ:VIAV) will likely come at $10.95, marking a 2.65% premium to the current level. The second resistance point is at $11.25, about 5.24% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $9.51, the lower end of the range. VIAV’s 14-day MACD is 0.52 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 54.9, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 54.05 percent, which is high when compared to that of the 50-day’s 46.58 percent.

The shares of RLJ Lodging Trust (NYSE:RLJ) has increased by 0.81%, and now trading at $20 on the Wall Street in the intra-day deal, with their shares traded now around 2,728,527. This is a rise of 1,415,727 shares over the average 1,312,800 shares that were traded daily over the last three months. The stock that is trading at $20 went higher by 7.12% from its 52-week low of $18.67 that it attained back on 2018-03-23. The stock recorded a 52-week high of $23.97 nearly 189 days ago on 2018-06-01.

RLJ stock has performed well over the past 30 days, as it added 1.78% while its price plunged by -8.97% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -2.01% over the last week. The stock’s 12-month potential target price is now at $22.75. This means that the stock price might likely increase by 13.75% from its current trading price.5 out of 10 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 50 rated it as a hold, with 0 of analysts rating it as a sell.

RLJ Lodging Trust (NYSE:RLJ) has been utilizing an ROE that is roughly 5.1%, with stock analysts predicting that the company’s EPS for the next five years will go down by -0.72% per year, following the 9.2% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.08% above its 20-day SMA, -0.83% below its 50-day SMA, and -5.7% below its 200-day SMA. In percentage terms, the aggregate RLJ Lodging Trust shares held by institutional investors is 0%. 25 institutions jumped in to acquire RLJ Lodging Trust (RLJ) fresh stake, 89 added to their current holdings in these shares, 100 lowered their positions, and 20 left no stake in the company.

The stock’s 9-day MACD is -0.01 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 49.24, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 20.15 percent, which is less when compared to that of the 50-day’s 26.44 percent. On the daily chart, we see that the stock could reach the first level of resistance at $20.27, sporting a 1.33% premium to the current level. The next resistance point is at $20.54, representing nearly 2.63% premium to the current market price of RLJ Lodging Trust (RLJ). On the other hand, failure to breach the immediate hurdles can drag it down to $18.92, the lower end of the range.