NYSE:V - US92826C8394 - Common Stock
We assign a technical rating of 4 out of 10 to V. Although V is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, V does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 356.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 348.53, a Stop Loss order could be placed below this zone.
299.78
2 important support areas can be observed.
3 important resistance areas can be observed.
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 V is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for V is neutral. |
ChartMill Relative Strength | 74.34 | POSITIVE | V has a high relative strength, it outperformed 74.34% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of V is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of V is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of V is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.42 | NEUTRAL | The RSI value for V is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.23 | POSITIVE | The MACD value suggests V has a positive trend. |
Stochastics (14,3) | 82.85 | OVERBOUGHT | The high Stochastics value suggests V may be overbought. |
Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for V suggests low volalility. |
Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for V suggests a possible start of a new trend. |
350.04
+6.35 (+1.85%)