Will vrt go up next week?

**Vertiv Holdings (VRT) is likely to experience upward price movement next week**, based on the following analysis: 1. **Positive Market Sentiment**: The sentiment among investors is bullish, with a recent report indicating that investors with significant funds have taken a bullish stance on Vertiv Hldgs. This is evidenced by the 50% bullish sentiment among large traders, as reported by Benzinga. Additionally, the overall sentiment of these big-money traders is split between 50% bullish and 25% bearish, suggesting a positive outlook. 2. **Technical Indicators**: The stock's technical indicators are also positive. The 5-day moving average is $78.34, and the 10-day moving average is $73.85, indicating a recent uptrend. The resistance level is at $80.5, and the support level is at $78.55, suggesting that the stock has room to grow before hitting resistance. |Ticker|Name|Date|Resistance Level (Narrow)|Support Level (Narrow)|code|market_code| |---|---|---|---|---|---|---| |VRT.N|Vertiv Holdings|20240816|80.5007|78.5492|VRT|169| 3. **Moving Averages Convergence Divergence (MACD)**: The MACD is at 3.12, which is positive and indicates potential upward price momentum. The Relative Strength Index (RSI) is at 59.58, which is neither overbought nor oversold, suggesting that the stock is not in an extreme buying or selling condition. |Ticker|Name|Date|RSI|KDJ|MACD|code|market_code| |---|---|---|---|---|---|---|---| |VRT.N|Vertiv Holdings|20240816|59.5798|103.8496|3.1165|VRT|169| 4. **Blogger Sentiment**: The sentiment among bloggers is also bullish, with 88.00% of bloggers having a bullish sentiment on Vertiv Holdings. This is significantly more bullish than the sentiment among other stocks in the Industrial Goods sector. 5. **Recent Price Movement**: The stock has recently experienced a price increase, with the closing price on August 16, 2024, being $79.42, which is higher than its previous prices. This recent uptrend, combined with the positive sentiment and technical indicators, suggests that the stock may continue to rise. |Ticker|Name|Date|Closing Price|code|market_code| |---|---|---|---|---|---| |VRT.N|Vertiv Holdings|20240816|79.42|VRT|169| 6. **Expert Opinions**: Analysts from Mizuho, Goldman Sachs, and TD Cowen have given Vertiv Hldgs a consensus target price of $96.33333333333333, indicating a potential upside from the current price. This suggests that experts are optimistic about the stock's future performance. In conclusion, the combination of positive market sentiment, bullish technical indicators, and optimistic expert opinions suggests that Vertiv Holdings is likely to experience upward price movement next week. However, it's important to note that stock market movements are subject to uncertainties and risks, and predictions should be used as a guide rather than a guarantee.