VIRGIN GALACTIC HOLDINGS INC (SPCE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SPCE - US92766K4031 - Common Stock
Taking everything into account, SPCE scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SPCE was also a bad performer in the overall market in the last year.
SPCE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.27
2 important support areas can be observed.
- A support zone ranging from 3.37 to 3.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.32 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SPCE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPCE is neutral. |
| ChartMill Relative Strength | 20.36 | NEGATIVE | SPCE has a low relative strength, it was outperformed by 79.64% 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) | UP | MIXED | The current price of SPCE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SPCE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.83 | NEUTRAL | The RSI value for SPCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SPCE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.23 | NEUTRAL | The Stochastics value for SPCE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.06 | HIGH VOLATILITY | The high ATR as a percentage value for SPCE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for SPCE suggests a possible start of a new trend. |
3.81
-0.74 (-16.26%)
VIRGIN GALACTIC HOLDINGS INC / SPCE FAQ
Can you provide the ChartMill technical rating for VIRGIN GALACTIC HOLDINGS INC?
ChartMill assigns a technical rating of 4 / 10 to SPCE.
What is the current trend direction of VIRGIN GALACTIC HOLDINGS INC (SPCE) stock?
The current trend direction for VIRGIN GALACTIC HOLDINGS INC (SPCE) is Bearish.
What is the RSI signal for VIRGIN GALACTIC HOLDINGS INC (SPCE) stock?
VIRGIN GALACTIC HOLDINGS INC (SPCE) has an RSI value of 48.8342. This indicates that the stock is currently neutral.
What is the short term momentum for SPCE stock?
The short term momentum for VIRGIN GALACTIC HOLDINGS INC (SPCE) is neutral.