VECIMA NETWORKS INC (VCM.CA) Stock Technical Analysis
TSX:VCM - Toronto Stock Exchange - CA92241Y1016 - Common Stock - Currency: CAD
Taking everything into account, VCM scores 1 out of 10 in our technical rating. VCM 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than VCM.
VCM is one of the lesser performing stocks in the Communications Equipment industry. 90% of 12 stocks in the same industry do better.
VCM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VCM is lagging the market.
Warning: VCM has an average volume of 3775 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month VCM has a been trading in the 9.44 - 10.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, VCM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.53, 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
9.34
22.73
We found 1 important support area.
- A support zone ranging from 9.43 to 9.53. 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 10.17 to 10.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.58 to 10.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.00 from a horizontal line in the daily time frame.
- Resistance @22.50 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 | NEUTRAL | NEUTRAL | The short term trend for VCM.CA is neutral. |
| ChartMill Relative Strength | 10.96 | NEGATIVE | VCM.CA has a low relative strength, it was outperformed by 89.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VCM.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VCM.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VCM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.16 | NEUTRAL | The RSI value for VCM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VCM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.13 | NEUTRAL | The Stochastics value for VCM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for VCM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for VCM.CA 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)
TSX:VCM (5/30/2025, 7:00:00 PM)
10.15
-0.14 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.36%
1 Week-0.59%
2 Weeks2.84%
1 Month1.5%
3 Month-6.62%
6 Month-41.3%
12 Month-48.48%
2 Year-45.52%
3 Year-30.24%
5 Year-6.02%
10 Year-7.31%
15 Year114.14%
Volatility
ATR(14)0.47
ATR(20)%3.95%
ATR Inc-39.71%
Range Today0.35
ADR(20)0.34
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.96
Mansfield-3.98
10 Day High10.82
10 Day Low9.44
20 Day High10.92
20 Day Low9.44
52 Week High22.34
52 Week Low8.43
CS1 End9.53
CR1 Start10.17
Volume & EV
DER(3)5.22%
DER(5)-0.69%
Volume7.30K
Volume Incr56.78%
Vol(5)4.41K
Vol(50)3.78K