VIRGIN GALACTIC HOLDINGS INC (SPCE) Stock Technical Analysis
NYSE:SPCE - New York Stock Exchange, Inc. - US92766K4031 - Common Stock - Currency: USD
Taking everything into account, SPCE scores 7 out of 10 in our technical rating. In the last year, SPCE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SPCE is one of the lesser performing stocks in the Aerospace & Defense industry. 77% of 67 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SPCE has a been trading in the 2.68 - 4.37 range, which is quite wide. It is currently trading near the high of this range.
SPCE has an average volume of 6693900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SPCE turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
SPCE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPCE is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SPCE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.79
4.86
We found 2 important support areas.
- Support @2.89 from a trend line in the weekly time frame.
- Support @2.82 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @4.43 from a trend line in the daily time frame.
- A resistance zone ranging from 4.81 to 4.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for SPCE is up. |
| ChartMill Relative Strength | 50.36 | NEUTRAL | SPCE is not amongst the best or worst performers 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 | POSITIVE | The current price of SPCE is above the rising 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) | 79.13 | OVERBOUGHT | The high RSI value suggests SPCE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests SPCE has a positive trend. |
| Stochastics (14,3) | 83.52 | OVERBOUGHT | The high Stochastics value suggests SPCE may be overbought. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for SPCE suggests high volalility. |
| Average Directional Index/ADX (14) | 26.6 | 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)
4.31
+0.44 (+11.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg11.37%
1 Week34.27%
2 Weeks55.6%
1 Month44.15%
3 Month51.23%
6 Month-19.59%
12 Month-42.15%
2 Year-94.96%
3 Year-97.1%
5 Year-99.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%5.05%
ATR Inc159.68%
Range Today0.39
ADR(20)0.2
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.36
Mansfield-1.96
10 Day High4.37
10 Day Low2.77
20 Day High4.37
20 Day Low2.68
52 Week High8.19
52 Week Low2.18
CS1 End2.89
CR1 Start4.43
Volume & EV
DER(3)7.16%
DER(5)4.79%
Volume9.55M
Volume Incr238.81%
Vol(5)8.17M
Vol(50)6.69M