VERITEX HOLDINGS INC (VBTX) Stock Technical Analysis
USA - NASDAQ:VBTX - US9234511080 - Common Stock
32.58 USD
-0.92 (-2.75%)
32.58 USD
0 (0%)
Overall VBTX gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month VBTX has a been trading in the 32.51 - 34.81 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
VBTX is part of the Banks industry. There are 392 other stocks in this industry. VBTX outperforms 89% of them.
VBTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VBTX is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that VBTX is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Volume is considerably higher in the last couple of days.
VBTX has an average technical rating and it also does not offer a high quality setup 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
21.53
35.14
3 important support areas can be observed.
- A support zone ranging from 32.24 to 32.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.51 from a trend line in the daily time frame.
- Support @21.75 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 33.06 to 33.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
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 | NEUTRAL | NEUTRAL | The short term trend for VBTX is neutral. |
| ChartMill Relative Strength | 81.42 | POSITIVE | VBTX has a high relative strength, it outperformed 81.42% off all stocks 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) | UP | MIXED | The current price of VBTX is below the rising 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) | 40.14 | NEUTRAL | The RSI value for VBTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests VBTX has a negative trend. |
| Stochastics (14,3) | 17.35 | OVERSOLD | The low Stochastics value suggests VBTX may be oversold. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for VBTX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for VBTX suggests a possible start of a new 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)
32.58
-0.92 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.75%
1 Week-3.21%
2 Weeks-3.21%
1 Month-5.26%
3 Month18.65%
6 Month56.86%
12 Month25.4%
2 Year89.2%
3 Year3.17%
5 Year65.13%
10 Year88.54%
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%2.1%
ATR Inc77.45%
Range Today1.64
ADR(20)0.68
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.42
Mansfield0.54
10 Day High34.29
10 Day Low32.51
20 Day High34.81
20 Day Low32.51
52 Week High34.96
52 Week Low20.37
CS1 End32.57
CR1 Start33.06
Volume & EV
DER(3)0.39%
DER(5)-0.4%
Volume1.36M
Volume Incr25.65%
Vol(5)1.34M
Vol(50)919.17K