VECTOR ACQUISITION CORP II-A (VAQC) Stock Technical Analysis
NASDAQ:VAQC - Nasdaq - KYG9460A1040 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to VAQC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VAQC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, VAQC turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
VAQC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VAQC is lagging the market.
In the last month VAQC has a been trading in a tight range between 10.55 and 10.82.
Volume is considerably higher in the last couple of days.
VAQC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.67, a Stop Loss order could be placed below this zone.
More info and screens
9.59
11.28
3 important support areas can be observed.
- A support zone ranging from 10.59 to 10.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.00 to 10.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.69 to 9.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @10.69 from a trend line in the daily time frame.
- A resistance zone ranging from 10.90 to 10.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.17 to 11.17. This zone is formed by a combination of multiple trend lines 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 VAQC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VAQC is up. |
| ChartMill Relative Strength | 47.65 | NEUTRAL | VAQC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VAQC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VAQC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VAQC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.41 | NEUTRAL | The RSI value for VAQC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VAQC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.21 | NEUTRAL | The Stochastics value for VAQC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for VAQC suggests low volalility. |
| Average Directional Index/ADX (14) | 33.09 | POSITIVE | The high ADX value value for VAQC suggests a strong 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)
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 |
|---|---|---|---|
| 10.70 | 10.63 | 0.07 (0.65%) | 25.00% |
| An entry @10.70. This is a Buy Stop order right above the resistance zone. | An exit @10.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.65%. | For a 0.16% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:VAQC (3/4/2024, 8:25:30 PM)
10.67
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks0.28%
1 Month-0.28%
3 Month1.44%
6 Month4.71%
12 Month6.27%
2 Year9.32%
3 Year7.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.43%
ATR Inc-81.38%
Range Today0.01
ADR(20)0.03
ADR(20)%0.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.65
Mansfield-1.34
10 Day High10.82
10 Day Low10.64
20 Day High10.82
20 Day Low10.55
52 Week High11.86
52 Week Low10
CS1 End10.67
CR1 Start10.69
Volume & EV
DER(3)1.53%
DER(5)0.91%
Volume3.10K
Volume Incr15.9%
Vol(5)70.62K
Vol(50)33.13K