Vringo Inc. (VRNG) for Monday 1/11/2016 (d-w-m)

   Updated Sup & Res 1/14/2016.
  For self-motivated individuals doing their own homework, it is YOUR MONEY,  … below you will find select information for speculative (less than $5 per share) stock  Vringo Inc. (VRNG) for Monday, 1/11/2016, including daily, weekly, and monthly charts, with observations and analysis, the Pivot Points, Support and Resistance for Monday, 1/11/2016 as calculated from the changes in Index points through Friday, 1/8/2016’s close.
  To maintain its Nasdaq listing, Vringo Inc. did a reverse 10 shares for one effective 11/27/2015.    Disclosure  ‘n Disclaimer:   I own shares in Vringo Inc.  I will not be making any changes to my position in the next 72 hours.

 

 I. Select Vringo Inc. (VRNG) information

Vringo, Inc. (NASDAQ: VRNG) (pre-split)

  • Date, Open, High, Low, Close, Vol
  • 11/23/2015,  0.32,  0.36,  0.32,  0.36,,  934208
  • 11/24/2015,  0.35,  0.38,  0.34,  0.34,,  496246
  • 11/25/2015,  0.35,  0.36,  0.32,  0.33,,  721052
  • 11/27/2015,  0.32,  0.35,  0.31,  0.31,,  1076573 (rvs splt 10-1)

VRINGO INC  (NASDAQ: VRNG) (after split)   CUSIP    92911N302

  • Date, Open, High, Low, Close, Vol
  • 12/31/2015,  2.55,  2.55,  2.39,  2.47,,  70331
  • 1/4/2016,  2.47,  2.50,  2.35,  2.44,,  156571
  • 1/5/2016,  2.50,  2.52,  2.33,  2.42,,  93331
  • 1/6/2016,  2.35,  2.45,  2.16,  2.20,,  220166
  • 1/7/2016,  2.30,  2.35,  1.87,  1.99,,  283842
  • 1/8/2016,  2.01,  2.09,  1.91,  1.99,,  192637
  • Ask Exchange    BATS
  • Currency   USD
  • Primary Exchange   NASDAQ-NMS
  • Index   Not In
  • 52-Week High   02/10/2015 9.80
  • 52-Week Low    12/09/2015 2.00
  • Price Performance (Last 52 Weeks) 01/05/2016  -51.61%
  • Volume    142,281
  • Volume (10 day Average)   176,474
  • Volume (90 day Average)    130,516
  • Options    Yes
  • Market Capitalization    $27.28M
  • Shares Outstanding    11,272,000
  • Shares Short    1,290,451
  • Short Interest as a % of Shares Outstanding   11.45%
  • Days to Cover   3.32
  • P/E (Trailing Twelve Months)     —
  • PEG Ratio (5-Year Projected)      —
  • Ex-Dividend Date               —
  • Dividend Pay Date              —
  • Dividend                       —
  • Dividend Yield (Annualized)   —

 II. Charts, observations and analysis for Vringo Inc. (VRNG)

 VRNG
( 1)  Analysis of DAILY chart activity through Friday, 1/8/2016 close:  1.99
   The current trend is down and all orders on the short side may be considered.  The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.  If already holding short positions, look to take partial profits on  any Vringo retracement to 2.92*. Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 2.92*.  Be prepared for a potential short term price rally back to the 2.47 area*.                                           “*” Note: Contrarian bullish indication
Suggested placing of capital conserving stops ……
If Long, exit all contracts at …      1.87
If Short, exit all contracts at …      2.92
 ( 1.a) Statistical Table
  • smoothed r-squared         0.026
  • Standard Error             0.191
  • Linear Regression Slope   -0.007
  • Historical Volatility      1.187
Notes:   rsquared is currently at an extreme low. This indicates that there is not a strong trend.  This value should increase soon. When it does, there is likely to be a new short term trend.
 The current trough of rsquared is greater than the previous trough. This indicates strength of the long term trend.
The current slope of the close is negative moving higher indicating weakness or a slowdown of the medium term downtrend. The standard error is 0.191  At this level there is much lower than normal volatility around the current trend and traders are probably in general agreement, allowing the security to trend easily. The price is probably following the regression slope well.
VRNG w
( 2) Analysis of WEEKLY chart activity through Friday, 1/8/2016 close:  1.99
   The current trend is down and all orders on the short side may be considered.  The current market price activity  is Strongly Bearish and suggests favorable trade opportunities on the short side.  If already holding short positions, we would look to take partial profits at  any retracement to 7.47*. Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 9.80*.  Be prepared for a potential short term price rally back to the 8.96 area.                     
               “*” Note: Contrarian bullish indication
Suggested placing of capital conserving stops ……
If Long, exit all contracts at …      1.87
If Short, exit all contracts at …     10.90
VRNG m
( 2) Analysis of Monthly chart activity through Friday, 1/8/2016 close:  1.99
  •     (analysis work in progress and will be added here)

 III.   Support and Resistance for Monday, 1/11/2016

  •  Below you will find the 52 week performance, and the Year-to-Date (YTD) performance for Vringo, Inc.  For tracking the day’s action, here are the Pivot Points, Support points, Resistance points,  and the 50 day simple moving averages (sma).
  •  If the related index, or stock, is above the pivot point, the pivot point is both support, and an indication that Mr. & Ms. Fickle Markets are Bullish. 
  •  If the related Index, or stock, is below the pivot point, then the pivot point represents resistance, as well as an indication that Mr. & Ms. Fickle Markets are Bearish.
  •  AGAIN, Please Note:  ALL projections are for reference only as they can be easily exceeded, up or down, by Mr. & Ms. Fickle Markets.-   –   –   –           –   –   –   –           –   –   –   –
 
( 1) Vringo Inc. (VRNG) for Monday, 1/11/2016
  Closed 1/8 unchanged @ 1.99
  •   :: Pivot point   2.00
  •   Support (s1)  1.90       Support (s2)   1.82
  •   Resistance (r1)   2.08   Resistance (r2)   2.18
  •   Simple Moving Average (Close 50):    2.91
  •   52 week performance   -60.20%  YTD performance -19.43%

 

 ( 1.a) Vringo Inc. (VRNG) for Tuesday, 1/12/2016

   Closed 1/11 down @ 1.90
  •   :: Pivot point   1.89
  •   Support (s1)  1.79       Support (s2)   1.67
  •   Resistance (r1)   2.01   Resistance (r2)   2.11
  •   Simple Moving Average (Close 50):    2.89
  •   52 week performance   -61.22%  YTD performance -23.08%
( 1.b) Vringo Inc. (VRNG) for Wednesday, 1/13/2016
  Closed 1/12 down @ 1.86
  •   :: Pivot point   1.87
  •   Support (s1)  1.81       Support (s2)   1.75
  •   Resistance (r1)   1.93   Resistance (r2)   1.99
  •   Simple Moving Average (Close 50):    2.85
  •   52 week performance   -62.39%  YTD performance -24.70%

 

( 1.c) Vringo Inc. (VRNG) for Thursday, 1/14/2016
  Closed 1/12 down @ 1.75
  •   :: Pivot point   1.80
  •   Support (s1)  1.67       Support (s2)   1.60
  •   Resistance (r1)   1.87   Resistance (r2)   2.00
  •   Simple Moving Average (Close 50):    2.82
  •   52 week performance   -66.01%  YTD performance -29.15%

——  Monday, 1/11/2016 thru Friday 1/15/2016  ——-

  •  ( x)   All Links can be opened in a new tab or new window …
  •  ( xi )  I will be returning and adding more related chart info including links to charts with  daily, weekly, and monthly chart analysis

 

Please read:

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  Here’s hoping the above Vringo Inc. (VRNG)  Chart, and Support and Resistance calculations help your investing and trading today …