VERITEX HOLDINGS INC (VBTX) Technical Analysis
NASDAQ:VBTX • US9234511080
Current stock price
VBTX Technical Rating and Analysis
Taking everything into account, VBTX scores 2 out of 10 in our technical rating. VBTX has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- VBTX is part of the Banks industry. There are 380 other stocks in this industry, of which 81% are performing better than VBTX.
- In the last month VBTX has a been trading in the 29.73 - 34.32 range, which is quite wide. It is currently trading near the lows of this range.
- VBTX has an average volume of 1596660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When compared to the yearly performance of all other stocks, VBTX outperforms 43% of them, which is more or less in line with the market.
- VBTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VBTX is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
VBTX Weekly and Daily overview Charts
VBTX Setup Rating and Analysis
VBTX has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
VBTX Support and Resistance Analysis
21.57
We found 2 important support areas.
- A support zone ranging from 29.96 to 30.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.41 to 34.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
VBTX 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 | UP | POSITIVE | The long term trend for VBTX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VBTX is down. |
| ChartMill Relative Strength | 43.8 | NEUTRAL | VBTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VBTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VBTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VBTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.48 | NEUTRAL | The RSI value for VBTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests VBTX has a negative trend. |
| Stochastics (14,3) | 17.1 | OVERSOLD | The low Stochastics value suggests VBTX may be oversold. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for VBTX suggests some volalility. |
| Average Directional Index/ADX (14) | 28.35 | POSITIVE | The high ADX value value for VBTX suggests a strong trend. |
VBTX Chart- and CandleStick Pattern Analysis
VBTX Technicals: Chart, Performance Metrics, Trend & Indicators
30.26
+0.3 (+1%)
VERITEX HOLDINGS INC / VBTX TA FAQ
What is the ChartMill technical rating of VERITEX HOLDINGS INC (VBTX) stock?
ChartMill assigns a technical rating of 2 / 10 to VBTX.
Can you provide the trend direction for VERITEX HOLDINGS INC?
The current trend direction for VERITEX HOLDINGS INC (VBTX) is Bullish.
What is the RSI signal for VBTX stock?
VERITEX HOLDINGS INC (VBTX) has an RSI value of 34.4758. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VERITEX HOLDINGS INC?
The MACD indicator for VERITEX HOLDINGS INC (VBTX) has a value of -0.286955, indicating a bearish trend.
What are the support and resistance levels for VERITEX HOLDINGS INC (VBTX) stock?
VERITEX HOLDINGS INC (VBTX) has a support level at 30.25 and a resistance level at 34.41. Check the full technical report for our detailed analysis of VBTX support and resistance levels.