I purchased 3 stocks of VBTX at $32.52 right now I am down $1.44 total between all 3 stocks before open today....Do you recommend I hold VBTX for longer or should I sell and cut my losses to purchase a new stock
7/31/2025 07:24pm
Given your current situation, here are some insights to help you decide whether to hold or sell VBTX:
1. **Technical Indicators**: From a technical standpoint, VBTX has a **bearish engulfing pattern** and a **spinning top white line**, indicating a potential reversal or a continuation of the current trend. However, the MACD is slightly negative, and the RSI is at 55.53, suggesting a neutral momentum.
|code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|VBTX|VBTX.O|Veritex|20250730|30.6470|55.5275|26.0604|-0.1670|185|
2. **Fundamental Analysis**: Veritex Holdings has shown positive earnings and cash flow over the past five years, and its financial ratios suggest efficient operation and potential undervaluation. The company's merger with Huntington Bancshares is expected to enhance its operational efficiency and stability.
3. **Market Sentiment**: The target price for VBTX has been raised to $39 by DA Davidson, indicating a positive outlook. Additionally, the consensus EPS estimate for the upcoming quarter is $0.60, representing a year-over-year change of +5.8%.
4. **Your Current Loss**: You purchased VBTX at $32.52, and it is currently trading at $32.04, resulting in a slight loss of 1.08%. The total loss across all three shares is $1.44.
|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|VBTX|VBTX.O|Veritex|20250730|32.04|185|
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|VBTX|VBTX.O|Veritex|20250730|23.9950|33.6900|185|
|code|Ticker|Name|Date|Net Fund Flow|Net Fund Flow (Block Order)|market_code|
|---|---|---|---|---|---|---|
|VBTX|VBTX.O|Veritex|20250106|-983305.0401|-923532.9364|185|
|VBTX|VBTX.O|Veritex|20250107|-751035.4081|-653171.2798|185|
|VBTX|VBTX.O|Veritex|20250108|-1232041.7096|-1140342.0896|185|
|VBTX|VBTX.O|Veritex|20250110|-680823.1131|-449006.2909|185|
|VBTX|VBTX.O|Veritex|20250113|-1356030.4524|-1236655.8657|185|
|VBTX|VBTX.O|Veritex|20250114|-16917.1518|-9076.9571|185|
|VBTX|VBTX.O|Veritex|20250115|-191518.2067|-246134.2117|185|
|VBTX|VBTX.O|Veritex|20250116|3194249.5262|3252026.3116|185|
|VBTX|VBTX.O|Veritex|20250117|20178.3861|71339.5888|185|
|VBTX|VBTX.O|Veritex|20250121|-49214.0387|-17236.9699|185|
Given this information, if you believe in the long-term potential of Veritex Holdings and are comfortable with the potential for further price appreciation, you may choose to hold the stock. However, if you are concerned about the potential for further declines and want to limit your losses, selling and cutting your losses could be a prudent decision. It's important to consider your individual risk tolerance, investment goals, and the overall context of your portfolio before making a decision.