VECIMA NETWORKS INC (VCM.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:VCM • CA92241Y1016
We assign a technical rating of 3 out of 10 to VCM. In the past year, VCM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, VCM is a bad performer in the overall market: 89% of all stocks are doing better.
- VCM is part of the Communications Equipment industry. There are 12 other stocks in this industry, of which 63% are performing better than VCM.
- Warning: VCM has an average volume of 3905 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- VCM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VCM is lagging the market.
- In the last month VCM has a been trading in the 9.44 - 10.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VCM has a bad 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 10.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VCM 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
9.39
2 important support areas can be observed.
- A support zone ranging from 9.90 to 10.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.48 to 9.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.33 to 10.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.64 from a horizontal line in the daily time frame.
- Resistance @11.01 from a horizontal line in the weekly 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 VCM.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VCM.CA is up. |
| ChartMill Relative Strength | 11.31 | NEGATIVE | VCM.CA has a low relative strength, it was outperformed by 88.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VCM.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VCM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VCM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.16 | NEUTRAL | The RSI value for VCM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VCM.CA has a positive trend. |
| Stochastics (14,3) | 74.26 | NEUTRAL | The Stochastics value for VCM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for VCM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.57 | POSITIVE | The high ADX value value for VCM.CA suggests a strong trend. |
TSX:VCM (1/30/2026, 7:00:00 PM)
10.09
+0.1 (+1%)
VECIMA NETWORKS INC / VCM.CA FAQ
Can you provide the ChartMill technical rating for VECIMA NETWORKS INC?
ChartMill assigns a technical rating of 3 / 10 to VCM.CA.
What is the trend direction for VCM stock?
The current trend direction for VECIMA NETWORKS INC (VCM.CA) is Bearish.
What is the RSI signal for VCM stock?
VECIMA NETWORKS INC (VCM.CA) has an RSI value of 53.1582. This indicates that the stock is currently neutral.
What is the short term momentum for VECIMA NETWORKS INC (VCM.CA) stock?
The short term momentum for VECIMA NETWORKS INC (VCM.CA) is positive.
What is the support and resistance level for VCM stock?
VECIMA NETWORKS INC (VCM.CA) has a support level at 10.02 and a resistance level at 10.33. Check the full technical report for our detailed analysis of VCM.CA support and resistance levels.