VIRGIN GALACTIC HOLDINGS INC (SPCE) Stock Technical Analysis
NYSE:SPCE - New York Stock Exchange, Inc. - US92766K4031 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SPCE. SPCE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
94% of all other stocks performed better in the past year than SPCE.
SPCE is one of the lesser performing stocks in the Aerospace & Defense industry. 90% of 64 stocks in the same industry do better.
SPCE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SPCE is lagging the market.
In the last month SPCE has a been trading in the 2.79 - 6.64 range, which is quite wide. It is currently trading near the lows of this range.
SPCE has an average volume of 5157630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPCE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
3.31
4.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.40 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.34 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.64 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SPCE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPCE is neutral. |
| ChartMill Relative Strength | 6.31 | NEGATIVE | SPCE has a low relative strength, it was outperformed by 93.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPCE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPCE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.39 | NEUTRAL | The RSI value for SPCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SPCE has a negative trend. |
| Stochastics (14,3) | 19.22 | OVERSOLD | The low Stochastics value suggests SPCE may be oversold. |
| Average True Range in percent/ATR (20) | 14.34 | HIGH VOLATILITY | The high ATR as a percentage value for SPCE suggests high volalility. |
| Average Directional Index/ADX (14) | 38.16 | POSITIVE | The high ADX value value for SPCE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.42
-0.14 (-3.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-3.93%
1 Week-15.14%
2 Weeks10.32%
1 Month15.15%
3 Month-10%
6 Month-53.15%
12 Month-80.22%
2 Year-95.06%
3 Year-97.56%
5 Year-99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%14.34%
ATR Inc-40.66%
Range Today0.26
ADR(20)0.46
ADR(20)%13.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.31
Mansfield-4.45
10 Day High6.64
10 Day Low3.16
20 Day High6.64
20 Day Low2.79
52 Week High18.77
52 Week Low2.18
CS1 End3.41
CR1 Start4.64
Volume & EV
DER(3)-3.06%
DER(5)-4.64%
Volume3.39M
Volume Incr-43.95%
Vol(5)5.01M
Vol(50)5.16M