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'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VCIG is a bad performer in the overall market: 100% of all stocks are doing better.
VCIG is one of the lesser performing stocks in the Professional Services industry. 88% of 82 stocks in the same industry do better.
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 0.88 - 1.34 range, which is quite wide. It is currently trading near the lows of this range.
VCIG has an average volume of 4390980 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. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.87
1.03
When analyzing the support we notice one important area.
- Support @0.88 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.02 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 | 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 | 0.18 | NEGATIVE | VCIG has a low relative strength, it was outperformed by 99.82% 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) | 35.17 | NEUTRAL | The RSI value for VCIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VCIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 5.7 | OVERSOLD | The low Stochastics value suggests VCIG may be oversold. |
| Average True Range in percent/ATR (20) | 17.31 | HIGH VOLATILITY | The high ATR as a percentage value for VCIG suggests high volalility. |
| Average Directional Index/ADX (14) | 11.31 | 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)
0.91
+0.03 (+3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg3.39%
1 Week-2.05%
2 Weeks-26.02%
1 Month-27.78%
3 Month-84.34%
6 Month-95.22%
12 Month-99.57%
2 Year-99.98%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%17.31%
ATR Inc-52.77%
Range Today0.08
ADR(20)0.15
ADR(20)%15.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.18
Mansfield-9.82
10 Day High1.25
10 Day Low0.88
20 Day High1.35
20 Day Low0.88
52 Week High264.6
52 Week Low0.88
CS1 End0.88
CR1 Start1.02
Volume & EV
DER(3)-8.64%
DER(5)-3.41%
Volume2.00M
Volume Incr-67.01%
Vol(5)2.34M
Vol(50)4.39M