VALERO ENERGY CORP (V1L.DE) Stock Technical Analysis
FRA:V1L - Deutsche Boerse Ag - US91913Y1001 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to V1L. V1L scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, V1L is a bad performer in the overall market: 79% of all stocks are doing better.
V1L is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month V1L has a been trading in the 95.65 - 133.70 range, which is quite wide. It is currently trading near the lows of this range.
Warning: V1L has an average volume of 115 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
V1L is part of the Oil, Gas & Consumable Fuels industry. There are 61 other stocks in this industry, V1L did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
V1L 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.
More info and screens
96.53
137.20
We found 2 important support areas.
- Support @99.80 from a trend line in the weekly time frame.
- A support zone ranging from 97.50 to 97.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 104.40 to 106.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 133.08 to 133.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @135.84 from a horizontal 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 V1L.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for V1L.DE is down. |
| ChartMill Relative Strength | 21.37 | NEGATIVE | V1L.DE has a low relative strength, it was outperformed by 78.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of V1L.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of V1L.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of V1L.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.13 | NEUTRAL | The RSI value for V1L.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests V1L.DE has a positive trend. |
| Stochastics (14,3) | 44.43 | NEUTRAL | The Stochastics value for V1L.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for V1L.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for V1L.DE suggests a possible start of a new 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)
FRA:V1L (7/13/2023, 7:00:00 PM)
103.6
+0.7 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.68%
1 Week2.68%
2 Weeks5.45%
1 Month-17.31%
3 Month-20.14%
6 Month-9.82%
12 Month6.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.75
ATR(20)%3.69%
ATR Inc-40.99%
Range Today0.7
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.37
Mansfield-2.14
10 Day High106.2
10 Day Low100.1
20 Day High133.7
20 Day Low95.65
52 Week High138.78
52 Week Low91.48
CS1 End99.8
CR1 Start104.4
Volume & EV
DER(3)0%
DER(5)0%
Volume44
Volume Incr-51.26%
Vol(5)48.2
Vol(50)115.32