VERSABANK (VBNK.CA) Stock Technical Analysis
TSX:VBNK - Toronto Stock Exchange - CA92512J1066 - Common Stock - Currency: CAD
Taking everything into account, VBNK scores 2 out of 10 in our technical rating. VBNK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
VBNK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VBNK is lagging the market.
Warning: VBNK has an average volume of 28137 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, VBNK outperforms 48% of them, which is more or less in line with the market.
VBNK is an average performer in the Banks industry, it outperforms 42% of 29 stocks in the same industry.
In the last month VBNK has a been trading in the 14.18 - 16.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
VBNK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.42. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for VBNK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.86
16.56
We found 4 important support areas.
- Support @14.59 from a trend line in the daily time frame.
- Support @14.17 from a horizontal line in the daily time frame.
- Support @13.36 from a trend line in the weekly time frame.
- A support zone ranging from 12.99 to 13.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.42 to 15.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.01 from a horizontal line in the weekly time frame.
- Resistance @16.40 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 | DOWN | NEGATIVE | The long term trend for VBNK.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VBNK.CA is neutral. |
| ChartMill Relative Strength | 48.65 | NEUTRAL | VBNK.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VBNK.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VBNK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VBNK.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.38 | NEUTRAL | The RSI value for VBNK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VBNK.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.98 | NEUTRAL | The Stochastics value for VBNK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for VBNK.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for VBNK.CA 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)
TSX:VBNK (6/19/2025, 7:00:00 PM)
15.27
-0.03 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.2%
1 Week0.13%
2 Weeks7.69%
1 Month-4.56%
3 Month4.3%
6 Month-21.04%
12 Month4.73%
2 Year52.7%
3 Year61.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%3.06%
ATR Inc-56.81%
Range Today0.12
ADR(20)0.44
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.65
Mansfield-1.71
10 Day High15.55
10 Day Low14.26
20 Day High16.56
20 Day Low14.18
52 Week High25.75
52 Week Low12.18
CS1 End14.59
CR1 Start15.42
Volume & EV
DER(3)5.22%
DER(5)4.2%
Volume1.97K
Volume Incr-41.71%
Vol(5)17.54K
Vol(50)28.14K