VERSABANK (VBNK) Stock Technical Analysis
NASDAQ:VBNK - Nasdaq - CA92512J1066 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to VBNK. 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.
VBNK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 11.08, a Stop Loss order could be placed below this zone. 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.
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9.37
We found 4 important support areas.
- A support zone ranging from 10.94 to 11.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.65 from a trend line in the daily time frame.
- A support zone ranging from 10.38 to 10.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.46 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @11.69 from a horizontal line in the weekly time frame.
- Resistance @11.89 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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VBNK is neutral. |
| ChartMill Relative Strength | 69.05 | NEUTRAL | VBNK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VBNK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VBNK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VBNK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.18 | NEUTRAL | The RSI value for VBNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests VBNK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.42 | NEUTRAL | The Stochastics value for VBNK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for VBNK suggests some volalility. |
| Average Directional Index/ADX (14) | 16.78 | NEGATIVE | The low ADX value for VBNK suggests a weak or negative trend. |
NASDAQ:VBNK (6/17/2025, 8:23:58 PM)
11.17
-0.01 (-0.09%)