VERSABANK (VBNK)

CA92512J1066 - Common Stock

9.69  +0.06 (+0.62%)

Technical Rating and Analysis

2

Taking everything into account, VBNK scores 2 out of 10 in our technical rating. Although VBNK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month VBNK has a been trading in the 9.54 - 10.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: VBNK has an average volume of 22240 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that VBNK is one of the better performing stocks in the market, outperforming 77% of all stocks. However, we also see that VBNK couldn't keep up this performance in the last couple of months.
VBNK is part of the Banks industry. There are 411 other stocks in this industry, VBNK did better than 68% of them.
VBNK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VBNK is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
VBNK Weekly chart
VBNK Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, VBNK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.61, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.33

10.90

2 important support areas can be observed.

  • A support zone ranging from 9.57 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @8.41 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 10.06 to 10.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.79 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.56
Mansfield-0.53
10 Day High9.95
10 Day Low9.54
20 Day High10.2
20 Day Low9.54
52 Week High12.19
52 Week Low6.42
Performance
1 Week0.1%
2 Weeks-1.12%
1 Month-0.62%
3 Month-13.79%
6 Month24.87%
12 Month49.31%
2 Year5.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)42
LBB9.53
UBB10
VBNK Daily chart

VERSABANK

NASDAQ:VBNK (5/17/2024, 7:00:02 PM)

9.69

+0.06 (+0.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.62%
1 Week0.1%
2 Weeks-1.12%
1 Month-0.62%
3 Month-13.79%
6 Month24.87%
12 Month49.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%1.94%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.95
10 Day Low9.54
20 Day High10.2
20 Day Low9.54
52 Week High12.19
52 Week Low6.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume800
Volume Incr-45.91%
Vol(5)6.02K
Vol(50)22.24K