Best ways to trade: Virgin Galactic Holdings, Inc.

Ticker: SPCE
Asset type: Stocks
Last updated: Saturday, March 02, 2024 at 08:00 AM

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How easy it is to trade Virgin Galactic Holdings, Inc.

Let’s start with a general overview of the asset to understand how it has performed in the past. This section compares how the traders perform, analyzing those we monitor. The most critical data are the max return from the best trader, how many are profitable, and our score, which measures how much is easy compared to other assets of the same type.

Traders results for Virgin Galactic Holdings, Inc. (SPCE)
WTT easy score
4/5
This indicator expresses how easy it was to trade in the last week

Let’s analyze the details of what happened:

Active Traders
110 of 3840
Traders still trading this asset

How many traders are trading Virgin Galactic Holdings, Inc.?

We are actively monitoring 3840 traders and their strategies. As of 02-03-2024, 110 traders were still involved in Virgin Galactic Holdings, Inc. trading. This indicates that Virgin Galactic Holdings, Inc. is a less popular asset.
All time return
55.49%
Highest return between our traders

What was the best return trading Virgin Galactic Holdings, Inc.?

Out of 110 traders analysed, the highest return we observe is 55.49% on Virgin Galactic Holdings, Inc..
Profitable traders
55.45%
How many are profitable

How many traders are profittable day trading Virgin Galactic Holdings, Inc.?

At the moment 55.45% of the traders are creating some profit from their strategies.
Best Trading Strategy
Momentum
The most effective trading strategy

Which day trading strategy is the most efective for Virgin Galactic Holdings, Inc.?

In the last period Momentum has been the most effective trading strategy.

If you don’t know what a trading strategy is, please check the training section(Trading Strategies).

Traders attitude
uncertain
Traders attitude in the last 7 days

What is the opinion of traders on the value of Virgin Galactic Holdings, Inc.?

The current attitude of the investors regarding the asset is uncertain.

Best trading strategy for Virgin Galactic Holdings, Inc. (BETA)

In this section, we are going to detail the trading strategy that is currently the most effective. Please refer to the training (trading strategies) section for more information. This strategy is created by analyzing thousands of strategies and combining the best features to form a new, optimized approach. We advise that this new feature is currently in BETA testing phase (Hazel AI system). Please be aware of its experimental nature and potential for unexpected issues or limited functionality.

Strategy Class
Momentum
Current best
Annual return
1.51%
Estimated of the annual return
Time scale
1m
Current best
Win Trades
0
% win trades
Num trades
61
Trades executed
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Pine script is a system created by TradingView to backtest trading strategies and create custom indicators.

 

Let’s analyze the details of the strategy: 

Indicators

Explore the following key trading indicators that can help analyze price movements and guide trading decisions for Virgin Galactic Holdings, Inc..
MACD
12/26/9
First indicator

Best lagging indicator for Virgin Galactic Holdings, Inc.

 The first indicator is the most important for a strategy; what you find here are the parameters that must be used operationally.

RSI
4/23/69
Second indicator

Best leading indicator for Virgin Galactic Holdings, Inc.

 The second indicator is also quite important for a strategy; Using two technical indicators in a strategy provides more confirmation and reduces false signals, leading to improved decision-making and potentially higher accuracy in identifying market trends and entry/exit points.

Macro Indicator
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Best macro indicator for Virgin Galactic Holdings, Inc.

The third indicator focus on economic, financial, or geopolitical factors that impact asset prices. Fundamental indicators may include interest rates, economic growth, earnings reports, and news events. 

Entry point strategy

Discover potential entry points for Virgin Galactic Holdings, Inc..
Main entry strategy
RSI < 23 and MACD > signal
The current best strategy for entry

Technical indicator entry strategy for Virgin Galactic Holdings, Inc.

When combining indicators in a trading strategy for entry points, one approach is to look for convergence or agreement between multiple indicators. For example, if both the moving average crossover and the relative strength index (RSI) indicate a bullish signal, it strengthens the likelihood of a successful trade. This convergence provides more confidence in the entry point and increases the probability of a favorable outcome.

Other entry strategy
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Other entry strategy for Virgin Galactic Holdings, Inc.

Available only in the premium version.

Alerts to monitor
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Alerts to monitor for Virgin Galactic Holdings, Inc.

Available only in the premium version.

Exit point strategy

Discover potential exit points for Virgin Galactic Holdings, Inc..
Main exit strategy
RSI > 69 and MACD < signal
The current best strategy for exit

Best exit strategy for Virgin Galactic Holdings, Inc.

here you can find the detail for Implement an effective exit strategy for Virgin Galactic Holdings, Inc..
Alerts to monitor
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Alerts to monitor for Virgin Galactic Holdings, Inc.

Available only in the premium version.

Trading guide for Virgin Galactic Holdings, Inc.

WTT score
4/5
Taking a closer look at Virgin Galactic Holdings, Inc., this analysis wants to shed light on what the trading experience is. The asset’s value is plummeting, indicating negative market sentiment. The asset is characterized by marginal price movements, reflecting low volatility. Virgin Galactic Holdings, Inc. allows for relatively effortless trading for individuals familiar with market dynamics. Evaluating all the factors mentioned above, it’s apparent that it is strongly advised to conduct trades involving Virgin Galactic Holdings, Inc..
Pro
– High volatility allows for sizable profits from trading opportunities.

– Sharp downward trend indicates strong bearish market conditions and potential losses.

Cons
– Sharp downtrends present a high risk of significant losses.

Trend analysis

This section lists the main factor or risks of trading this product. Like the previous insights, we use data from our traders to analyze the risk factor of the asset. The most crucial point is how many traders are in green; a percentage below 20% indicates an investment that is very difficult to trade. 

Trend analysis for Virgin Galactic Holdings, Inc. (SPCE)

Market regimes are periods of persistent market conditions. They affect the relevance of investment factors and the success of trading strategies. 

How long the situation will stay similar for Virgin Galactic Holdings, Inc.?

In this section discusses whether market conditions will persist for Virgin Galactic Holdings, Inc..Market sentiment at the moment can be characterized as panic. Over the past few weeks, the market has experienced an oscillation of 0.97 points, exhibiting a downward trend over 37837 periods. This suggests a relatively long-lasting market regime. The market has exhibited substantial price fluctuations, reflecting a decline in prices and caution for investors.
How long is lasting?
905 Days
The number of days this trend is lasting

How long this trend is lasting for Virgin Galactic Holdings, Inc.?

Alerts and risk factors

These are factors that can potentially change the perception of the stock. These factors can lead to a change in the regime. Please refer to the training section for more information.

Risk factor 1

Headline Risk
Type: News

What is the main risk factor for Virgin Galactic Holdings, Inc.?

Risk factor 2

Competitive risk
Type: Operational

What is the second most important factor for Virgin Galactic Holdings, Inc.?

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Brookers

Selecting the right broker is crucial in trading. This decision hinges on various criteria, including regional accessibility, cost-effectiveness, and compliance with local regulations. In this list, we present a concise, expert-curated list of brokers widely utilized by our seasoned traders to help you make an informed selection that aligns with your trading objectives.

Used by 32%
Exness
Used by 19%
Used by 9%
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