VIRGINIA NATIONAL BANKSHARES (VABK) Stock Technical Analysis
NASDAQ:VABK - US9280311039 - Common Stock
Taking everything into account, VABK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VABK is only an average performer.
VABK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 42.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.49, a Stop Loss order could be placed below this zone.
More info and screens
35.21
When analyzing the support we notice one important area.
- A support zone ranging from 35.57 to 37.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 42.59 to 42.70. 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 | UP | POSITIVE | The long term trend for VABK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VABK is up. |
| ChartMill Relative Strength | 60.15 | NEUTRAL | VABK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VABK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VABK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VABK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.11 | NEUTRAL | The RSI value for VABK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests VABK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.73 | NEUTRAL | The Stochastics value for VABK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for VABK suggests some volalility. |
| Average Directional Index/ADX (14) | 37.8 | POSITIVE | The high ADX value value for VABK suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.71 | 37.51 | 5.20 (12.18%) | 8.21% |
| An entry @42.71. This is a Buy Stop order right above the resistance zone. | An exit @37.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.20 points, which is 12.18%. | When investing 8.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
41.61
+0.17 (+0.41%)