NASDAQ:VC - Nasdaq - US92839U2069 - Common Stock - Currency: USD
Overall VC gets a technical rating of 8 out of 10. Although VC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
VC has an excellent technical rating and also presents 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 a resistance zone just above the current price starting at 92.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 87.61, a Stop Loss order could be placed below this zone.
81.66
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 VC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VC is up. |
ChartMill Relative Strength | 46.71 | NEUTRAL | VC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VC is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 62.63 | NEUTRAL | The RSI value for VC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests VC has a positive trend. |
Stochastics (14,3) | 82.8 | OVERBOUGHT | The high Stochastics value suggests VC may be overbought. |
Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for VC suggests some volalility. |
Average Directional Index/ADX (14) | 28.62 | POSITIVE | The high ADX value value for VC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
94.15 | 87.48 | 6.67 (7.08%) | 14.12% |
An entry @94.15. This is a Buy Stop order right above the resistance zone. | An exit @87.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.67 points, which is 7.08%. | When investing 14.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
92.13
+1.68 (+1.86%)