INNOVATE CORP (VATE) Technical Analysis
NYSE:VATE • US45784J3032
Current stock price
7.77 USD
+0.94 (+13.76%)
At close:
7.77 USD
0 (0%)
After Hours:
VATE Technical Rating and Analysis
Taking everything into account, VATE scores 8 out of 10 in our technical rating. VATE 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: VATE has an average volume of 23130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- VATE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VATE is performing more or less in line with the market.
- In the last month VATE has a been trading in the 3.75 - 8.10 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that VATE is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- VATE is part of the Construction & Engineering industry. There are 56 other stocks in this industry, VATE did better than 60% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VATE Weekly and Daily overview Charts
VATE Setup Rating and Analysis
Although VATE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
VATE Support and Resistance Analysis
VATE Technical Indicator Signal Analysis
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 VATE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VATE is up. |
| ChartMill Relative Strength | 87.19 | POSITIVE | VATE has a high relative strength, it outperformed 87.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VATE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VATE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VATE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.22 | OVERBOUGHT | The high RSI value suggests VATE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests VATE has a positive trend. |
| Stochastics (14,3) | 92.94 | OVERBOUGHT | The high Stochastics value suggests VATE may be overbought. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for VATE suggests high volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for VATE suggests a strong trend. |
VATE Chart- and CandleStick Pattern Analysis
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)
VATE Technicals: Chart, Performance Metrics, Trend & Indicators
7.77
+0.94 (+13.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg13.76%
1 Week92.8%
2 Weeks87.23%
1 Month59.22%
3 Month49.42%
6 Month67.1%
12 Month34.43%
2 Year10.73%
3 Year-72.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%6.23%
ATR Inc235.76%
Range Today1.54
ADR(20)0.47
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.19
3 months CRS97.1
6 months CRS96.72
Mansfield4.08
10 Day High8.1
10 Day Low3.75
20 Day High8.1
20 Day Low3.75
52 Week High8.28
52 Week Low3.75
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)8.22%
DER(5)13.95%
Volume103.30K
Volume Incr533.18%
Vol(5)89.50K
Vol(50)23.13K
INNOVATE CORP / VATE TA FAQ
What is the technical rating for VATE stock?
ChartMill assigns a technical rating of 8 / 10 to VATE.
What is the trend direction for VATE stock?
The current trend direction for INNOVATE CORP (VATE) is Bearish.
What is the RSI signal for INNOVATE CORP (VATE) stock?
INNOVATE CORP (VATE) has an RSI value of 82.218. This indicates that the stock is currently overbought.
What is the short term momentum for INNOVATE CORP (VATE) stock?
The short term momentum for INNOVATE CORP (VATE) is positive.