VALNEVA SE - ADR (VALN) Stock Technical Analysis
USA - NASDAQ:VALN - US92025Y1038 - ADR
We assign a technical rating of 5 out of 10 to VALN. In the last year, VALN was one of the better performers, but we do observe some doubts in the very recent evolution.
VALN has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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6.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.45 to 9.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.75 from a trend line in the weekly time frame.
- Support @6.44 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.14 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 | UP | POSITIVE | The long term trend for VALN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VALN is down. |
| ChartMill Relative Strength | 90.31 | POSITIVE | VALN has a high relative strength, it outperformed 90.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VALN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VALN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VALN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.91 | NEUTRAL | The RSI value for VALN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests VALN has a negative trend. |
| Stochastics (14,3) | 6.62 | OVERSOLD | The low Stochastics value suggests VALN may be oversold. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for VALN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.38 | NEGATIVE | The low ADX value for VALN suggests a weak or negative trend. |
9.55
-0.13 (-1.34%)
VALNEVA SE - ADR / VALN FAQ
What is the ChartMill technical rating of VALNEVA SE - ADR (VALN) stock?
ChartMill assigns a technical rating of 5 / 10 to VALN.
What is the current trend direction of VALNEVA SE - ADR (VALN) stock?
The current trend direction for VALNEVA SE - ADR (VALN) is Bullish.
What is the RSI signal for VALNEVA SE - ADR (VALN) stock?
VALNEVA SE - ADR (VALN) has an RSI value of 40.9056. This indicates that the stock is currently neutral.
What is the short term momentum for VALN stock?
The short term momentum for VALNEVA SE - ADR (VALN) is negative.
Can you provide the buy/sell signal for VALNEVA SE - ADR?
The buy/sell signal for VALNEVA SE - ADR (VALN) is hold as the short term and long term trends are mixed.