We assign a technical rating of 9 out of 10 to VACC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VACC is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
VACC is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 562 stocks in the same industry.
A new 52 week high is currently being made by VACC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so VACC is leading the market.
In the last month VACC has a been trading in the 3.04 - 5.10 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, VACC did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.