VALARIS LTD (VAL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VAL - BMG9460G1015 - Common Stock
52.67 USD
-0.63 (-1.18%)
52.67 USD
0 (0%)
Overall VAL gets a technical rating of 3 out of 10. VAL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
VAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VAL is lagging the market slightly.
VAL has an average volume of 1002910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, VAL did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
VAL is an average performer in the Energy Equipment & Services industry, it outperforms 52% of 62 stocks in the same industry.
In the last month VAL has a been trading in the 48.09 - 58.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VAL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 51.49, a Stop Loss order could be placed below this zone.
More info and screens
44.99
61.03
We found 3 important support areas.
- A support zone ranging from 50.63 to 51.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 49.02 to 49.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.44 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @58.52 from a trend line in the weekly time frame.
- A resistance zone ranging from 59.94 to 60.43. 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 VAL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VAL is neutral. |
| ChartMill Relative Strength | 71.2 | POSITIVE | VAL has a high relative strength, it outperformed 71.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VAL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.13 | NEUTRAL | The RSI value for VAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests VAL has a positive trend. |
| Stochastics (14,3) | 67.05 | NEUTRAL | The Stochastics value for VAL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for VAL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.46 | NEGATIVE | The low ADX value for VAL suggests a weak or negative 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)
52.67
-0.63 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.18%
1 Week1%
2 Weeks5.87%
1 Month-8.62%
3 Month12.66%
6 Month5.55%
12 Month15.68%
2 Year-14.87%
3 Year-27.49%
5 Year15627.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.92
ATR(20)%4.2%
ATR Inc31.28%
Range Today2.2
ADR(20)2.15
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.2
3 months CRS81.55
6 months CRS54.89
Mansfield0.34
10 Day High54.49
10 Day Low49.14
20 Day High58.86
20 Day Low48.09
52 Week High61.7
52 Week Low27.15
CS1 End51.49
CR1 Start58.52
Volume & EV
DER(3)0.47%
DER(5)-0.92%
Volume847.20K
Volume Incr-7.87%
Vol(5)987.34K
Vol(50)1.00M
VALARIS LTD / VAL FAQ
Can you provide the ChartMill technical rating for VALARIS LTD?
ChartMill assigns a technical rating of 3 / 10 to VAL.
Can you provide the trend direction for VALARIS LTD?
The current trend direction for VALARIS LTD (VAL) is Bearish.
What is the RSI signal for VALARIS LTD (VAL) stock?
VALARIS LTD (VAL) has an RSI value of 50.13. This indicates that the stock is currently neutral.
What is the short term momentum for VALARIS LTD (VAL) stock?
The short term momentum for VALARIS LTD (VAL) is neutral.