VCI GLOBAL LTD (VCIG) Stock Technical Analysis
NASDAQ:VCIG - Nasdaq - VGG982183011 - Common Stock - Currency: USD
Overall VCIG gets a technical rating of 0 out of 10. VCIG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than VCIG.
VCIG is part of the Professional Services industry. There are 81 other stocks in this industry, of which 88% are performing better than VCIG.
VCIG 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 VCIG has a been trading in the 2.67 - 3.85 range, which is quite wide. It is currently trading near the lows of this range.
VCIG has an average volume of 1163210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, VCIG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.78, a Stop Loss order could be placed below this zone.
More info and screens
2.75
2.90
When analyzing the support we notice one important area.
- A support zone ranging from 2.78 to 2.78. 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 | DOWN | NEGATIVE | The long term trend for VCIG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VCIG is down. |
| ChartMill Relative Strength | 0.23 | NEGATIVE | VCIG has a low relative strength, it was outperformed by 99.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VCIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VCIG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VCIG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.88 | NEUTRAL | The RSI value for VCIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VCIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 24.58 | NEUTRAL | The Stochastics value for VCIG is a neutral value. |
| Average True Range in percent/ATR (20) | 12.77 | HIGH VOLATILITY | The high ATR as a percentage value for VCIG suggests high volalility. |
| Average Directional Index/ADX (14) | 11.23 | NEGATIVE | The low ADX value for VCIG suggests a weak or negative 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)
2.87
-0.02 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.69%
1 Week-16.33%
2 Weeks0.7%
1 Month-6.82%
3 Month-80.33%
6 Month-91.09%
12 Month-99.56%
2 Year-99.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%12.77%
ATR Inc-53.25%
Range Today0.12
ADR(20)0.35
ADR(20)%12.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.23
Mansfield-9.74
10 Day High3.85
10 Day Low2.8
20 Day High3.85
20 Day Low2.67
52 Week High672.18
52 Week Low2.3
CS1 End2.78
CR1 StartN/A
Volume & EV
DER(3)0.7%
DER(5)-0.39%
Volume195.00K
Volume Incr-88.59%
Vol(5)291.58K
Vol(50)1.16M