VALNEVA SE - ADR (VALN) Stock Technical Analysis
NASDAQ:VALN • US92025Y1038
Taking everything into account, VALN scores 7 out of 10 in our technical rating. VALN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Warning: VALN has an average volume of 18072 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- VALN is one of the better performing stocks in the Biotechnology industry, it outperforms 70% of 523 stocks in the same industry.
- Looking at the yearly performance, VALN did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- VALN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VALN is lagging the market.
- In the last month VALN has a been trading in the 8.86 - 10.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VALN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 9.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.67
3 important support areas can be observed.
- A support zone ranging from 9.06 to 9.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.80 to 8.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.75 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @9.72 from a trend line in the weekly time frame.
- Resistance @9.89 from a trend line in the daily time frame.
- Resistance @10.08 from a horizontal line in the weekly time frame.
- Resistance @10.38 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 | UP | POSITIVE | The short term trend for VALN is up. |
| ChartMill Relative Strength | 83.67 | POSITIVE | VALN has a high relative strength, it outperformed 83.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VALN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VALN is above the rising 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) | 53.67 | NEUTRAL | The RSI value for VALN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VALN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.34 | NEUTRAL | The Stochastics value for VALN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for VALN suggests some volalility. |
| Average Directional Index/ADX (14) | 9.88 | NEGATIVE | The low ADX value for VALN suggests a weak or negative 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 |
|---|---|---|---|
| 9.73 | 9.05 | 0.68 (6.99%) | 14.31% |
| An entry @9.73. This is a Buy Stop order right above the resistance zone. | An exit @9.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.68 points, which is 6.99%. | When investing 14.31% 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.
9.69
-0.14 (-1.42%)
VALNEVA SE - ADR / VALN FAQ
What is the technical rating for VALN stock?
ChartMill assigns a technical rating of 7 / 10 to VALN.
What is the trend direction for VALN stock?
The current trend direction for VALNEVA SE - ADR (VALN) is Bullish.
What is the RSI signal for VALN stock?
VALNEVA SE - ADR (VALN) has an RSI value of 53.6664. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VALNEVA SE - ADR?
The short term momentum for VALNEVA SE - ADR (VALN) is positive.
What is the buy/sell signal for VALN stock?
The buy/sell signal for VALNEVA SE - ADR (VALN) is buy as both the short term and long term trends are positive.