VERITEX HOLDINGS INC (VBTX)

US9234511080 - Common Stock

19.48  -0.42 (-2.11%)

After market: 19.48 0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to VBTX. VBTX 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.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, VBTX outperforms 66% of them, which is more or less in line with the market.
VBTX is part of the Banks industry. There are 412 other stocks in this industry, VBTX did better than 59% of them.
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.
In the last month VBTX has a been trading in the 19.06 - 21.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
VBTX Weekly chart
VBTX Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, VBTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

17.02

21.72

We found 4 important support areas.

  • Support @19.16 from a trend line in the weekly time frame.
  • Support @18.77 from a trend line in the daily time frame.
  • Support @17.80 from a horizontal line in the daily time frame.
  • Support @17.19 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 19.82 to 20.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 20.52 to 20.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @21.50 from a trend 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
CRS66.54
Mansfield-0.89
10 Day High21.1
10 Day Low19.21
20 Day High21.1
20 Day Low19.06
52 Week High24.46
52 Week Low14.88
Performance
1 Week-6.21%
2 Weeks1.14%
1 Month-1.76%
3 Month-3.37%
6 Month-1.27%
12 Month19.44%
2 Year-40.7%
3 Year-42.33%
5 Year-26.52%
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
RSI(14)44.04
LBB18.81
UBB20.92
VBTX Daily chart

VERITEX HOLDINGS INC

NASDAQ:VBTX (4/30/2024, 7:00:02 PM)

After market: 19.48 0 (0%)

19.48

-0.42 (-2.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.11%
1 Week-6.21%
2 Weeks1.14%
1 Month-1.76%
3 Month-3.37%
6 Month-1.27%
12 Month19.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.59
ATR(20)%3.07%
ATR Inc
Range Today0.5
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 High21.1
10 Day Low19.21
20 Day High21.1
20 Day Low19.06
52 Week High24.46
52 Week Low14.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume492.40K
Volume Incr90.52%
Vol(5)678.38K
Vol(50)434.09K