VERICEL CORP (VCEL) Stock Technical Analysis
NASDAQ:VCEL • US92346J1088
We assign a technical rating of 5 out of 10 to VCEL. VCEL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, VCEL is a bad performer in the overall market: 82% of all stocks are doing better.
- VCEL is one of the lesser performing stocks in the Biotechnology industry. 60% of 521 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month VCEL has a been trading in the 33.58 - 38.98 range, which is quite wide. It is currently trading near the high of this range.
- VCEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VCEL is lagging the market.
VCEL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 38.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.13, a Stop Loss order could be placed below this zone.
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33.62
We found 3 important support areas.
- A support zone ranging from 36.52 to 37.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 33.96 to 34.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 38.66 to 38.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.26 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 40.92 to 41.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @43.34 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 | NEUTRAL | NEUTRAL | The long term trend for VCEL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VCEL is up. |
| ChartMill Relative Strength | 18.48 | NEGATIVE | VCEL has a low relative strength, it was outperformed by 81.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VCEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VCEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VCEL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.16 | NEUTRAL | The RSI value for VCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests VCEL has a positive trend. |
| Stochastics (14,3) | 85.49 | OVERBOUGHT | The high Stochastics value suggests VCEL may be overbought. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for VCEL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for VCEL suggests a weak or negative trend. |
38.25
0 (0%)
VERICEL CORP / VCEL FAQ
What is the ChartMill technical rating of VERICEL CORP (VCEL) stock?
ChartMill assigns a technical rating of 5 / 10 to VCEL.
What is the trend direction for VCEL stock?
The current trend direction for VERICEL CORP (VCEL) is Bearish.
Can you provide the RSI signal for VERICEL CORP?
VERICEL CORP (VCEL) has an RSI value of 57.1633. This indicates that the stock is currently neutral.
What is the short term momentum for VERICEL CORP (VCEL) stock?
The short term momentum for VERICEL CORP (VCEL) is positive.
Can you provide the support and resistance levels for VERICEL CORP?
VERICEL CORP (VCEL) has a support level at 37.13 and a resistance level at 38.66. Check the full technical report for our detailed analysis of VCEL support and resistance levels.