VCEL Technical Analysis - VERICEL CORP

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to VCEL. VCEL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

When comparing the yearly performance of all stocks, VCEL is a bad performer in the overall market: 91% of all stocks are doing better.

VCEL is part of the Biotechnology industry. There are 536 other stocks in this industry, of which 70% are performing better than VCEL.

VCEL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month VCEL has a been trading in the 29.24 - 34.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, VCEL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.23, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VCEL in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

29.54

35.40

When analyzing the support we notice one important area.

A support zone ranging from 29.84 to 30.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

A resistance zone ranging from 32.45 to 32.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @33.17 from a trend line in the daily time frame.
A resistance zone ranging from 34.26 to 35.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for VCEL is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for VCEL is neutral.
ChartMill Relative Strength	9.1	NEGATIVE	VCEL has a low relative strength, it was outperformed by 90.9% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of VCEL is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of VCEL is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of VCEL is below a declining SMA(200).
Relative Strength Index/RSI (14)	49.59	NEUTRAL	The RSI value for VCEL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.28	POSITIVE	The MACD value suggests VCEL has a positive trend.
Stochastics (14,3)	59	NEUTRAL	The Stochastics value for VCEL is a neutral value.
Average True Range in percent/ATR (20)	4.92	MEDIUM VOLATILITY	The ATR as a percentage value for VCEL suggests some volalility.
Average Directional Index/ADX (14)	20.47	NEUTRAL	The ADX value for VCEL suggests a possible start of a new trend.