Vistra Stock Slumps Below Key Levels As Q4 Earnings Loom: Can Bulls Take Charge?

Vistra Corp VST will be reporting its fourth-quarter earnings on Thursday. Wall Street expects $1.52 in EPS and $3.79 billion in revenues as the company reports before market hours.

The stock is up 203.61% over the past year, down 1.1% year-to-date.

Let’s look at what the charts indicate for Vistra stock and how the stock currently maps against Wall Street estimates.

Read Also: Here’s How Much You Would Have Made Owning Vistra Stock In The Last 5 Years

VST Stock Strongly Bearish Ahead Of Q4 Earnings

Chart created using Benzinga Pro

Vistra stock, at $146.72, is currently in a strongly bearish trend. The stock is trading below its five-day, 20-day and 50-day exponential moving averages (EMA).

This signals continued downside pressure. The stock is also experiencing buying interest, which could pave the way for a bullish reversal if momentum strengthens.

The eight-day simple moving average (SMA) at $156.04, 20-day SMA at $163.07 and the 50-day SMA at $158.95 all indicate a bearish setup, suggesting resistance in the near term.

On the other hand, VST stock remains above its 200-day SMA of $118.27, offering a long-term bullish signal.

Momentum indicators further confirm short-term weakness. The Moving Average Convergence Divergence (MACD) is at a negative 4.08, indicating bearish momentum.

Meanwhile, the Relative Strength Index (RSI) at 41.43 suggests the stock is approaching oversold conditions. If RSI moves below 30, a potential rebound could materialize, making VST a stock to watch for investors looking for an entry point.

Vistra Analysts Consensus Ratings

Ratings & Consensus Estimates: The consensus analyst rating on Vistra stock stands at a Buy currently with a price target of $104.80.

VST Price Action: Vistra stock was trading at $148.09 at the time of publication.

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Image: Courtesy of Vistra