Have Vistry shares reached a bottom?
Having fallen more than 80% in less than two years, independent analyst Alistair Strang runs his chart software again to assess the odds that the selling is over.
9th July 2026 07:25
by Alistair Strang from Trends and Targets
Vistry Group (LSE:VTY) promotes itself as the "affordable housing specialist”, but the housebuilder has just issued a profits warning. To be fair, once you read beyond the headlines, Vistry still remain in profit, and despite their falling order book, remain in the business of building and selling the occasional property.
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Unfortunately, they also remain with a share price whose support beams look like they are made of toffee!
When we previously reviewed Vistry shares, we projected 281p as our secondary target, anticipating it would be a bottom for the share price. This, unfortunately, turns out to be optimistic.
When we review share price movements since May of this year, it’s pretty obvious our 281p level meant something special to the market, considerable effort now being made to ensure the share value remains below such a level. Things are now looking just a little dodgy with weakness below 221p now threatening reversal to 190p with our secondary, if broken, at a future bottom of 160p.
If the 281p level is as valid as the chart extract suggests, movement next above such a level should prove convincing, giving an initial target of 343p with our longer-term secondary, if bettered, at a future 520p. Normally, we’d ridicule such an ambition, but visually it starts to make rather a lot of sense.
Long story short, we suspect Vistry may be approaching a bottom. Maybe the bounce shall prove useful.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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