When Exactly to Sell and Go Away: Victory Capital Holdings, Inc. (VCTR), Monarch Casino & Resort, Inc. (MCRI)

The price of Victory Capital Holdings, Inc. (NASDAQ:VCTR) went up by $0.69 now trading at $16.24. Their shares witnessed a 123.38% increase from the 52-week low price of $7.27 they recorded on 2018-10-26. Even though it is still -4.68% behind the $17 high touched on 2019-04-30. The last few days have been good for the stock, as its price has grew by 2.01% during the week. It has also performed better over the past three months, as it added around 40.48% while it has so far climbed around 58.9% during the course of a year. The stock of VCTR recorded 58.9% uptrend from the beginning of this year till date. The 12-month potential price target for Victory Capital Holdings, Inc. is set at $18.17. This target means that the stock has an upside potential to increase by 11.88% from the current trading price.

17 institutions entered new Victory Capital Holdings, Inc. (NASDAQ:VCTR) positions, 39 added to their existing positions in these shares, 26 lowered their positions, and 9 exited their positions entirely.

Victory Capital Holdings, Inc. (VCTR) trade volume has increased by 13.23% as around 105,681 shares were sold when compared with its 50-day average volume of traded shares which is 93,330. At the moment, VCTR is witnessing a uptrend, as it is trading 2.15% above its 20-day SMA, 7.47% above its 50-day SMA, and 42.18% above its 200-day SMA. The company runs an ROE of roughly 14.8%, with financial analysts predicting that their earnings per share growth will be around 51.8% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.

The first technical resistance point for Victory Capital Holdings, Inc. (NASDAQ:VCTR) will likely come at $16.64, marking a 2.4% premium to the current level. The second resistance point is at $17.05, about 4.75% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $15.02, the lower end of the range. VCTR’s 14-day MACD is -0.42 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 57.45, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 36.61 percent, which is low when compared to that of the 50-day’s 37.6 percent.

The shares of Monarch Casino & Resort, Inc. (NASDAQ:MCRI) has increased by 4.41%, and now trading at $43.83 on the Wall Street in the intra-day deal, with their shares traded now around 83,691. This is a rise of 34,333 shares over the average 49,358 shares that were traded daily over the last three months. The stock that is trading at $43.83 went higher by 27.23% from its 52-week low of $34.45 that it attained back on 2018-12-26. The stock recorded a 52-week high of $49.63 nearly 295 days ago on 2018-07-25.

MCRI stock hasn’t performed well over the past 30 days, as it lost -5.38% while its price climbed by 14.92% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 3.11% over the last week. The stock’s 12-month potential target price is now at $48.25. This means that the stock price might likely increase by 10.08% from its current trading price. 2 out of 4 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.

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) has been utilizing an ROE that is roughly 11.6%, with stock analysts predicting that the company’s EPS for the next five years will go up by 14% per year, following the 11.6% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.96% above its 20-day SMA, -0.47% below its 50-day SMA, and 1.44% above its 200-day SMA. In percentage terms, the aggregate Monarch Casino & Resort, Inc. shares held by institutional investors is 60.2%. 8 institutions jumped in to acquire Monarch Casino & Resort, Inc. (MCRI) fresh stake, 47 added to their current holdings in these shares, 51 lowered their positions, and 7 left no stake in the company.

The stock’s 9-day MACD is -0.04 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 56.08, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 35.23 percent, which is more when compared to that of the 50-day’s 28.46 percent. On the daily chart, we see that the stock could reach the first level of resistance at $44.81, sporting a 2.19% premium to the current level. The next resistance point is at $45.8, representing nearly 4.3% premium to the current market price of Monarch Casino & Resort, Inc. (MCRI). On the other hand, failure to breach the immediate hurdles can drag it down to $40.32, the lower end of the range.