VECIMA NETWORKS INC (VCM.CA) Stock Technical Analysis
TSX:VCM • CA92241Y1016
We assign a technical rating of 8 out of 10 to VCM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VCM is only an average performer.
- Warning: VCM has an average volume of 5311 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by VCM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month VCM has a been trading in the 9.50 - 12.02 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, VCM outperforms 56% of them, which is more or less in line with the market.
- VCM is an average performer in the Communications Equipment industry, it outperforms 45% of 12 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although VCM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.39
We found 4 important support areas.
- A support zone ranging from 10.20 to 10.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.03 from a trend line in the weekly time frame.
- Support @9.75 from a horizontal line in the daily time frame.
- A support zone ranging from 9.48 to 9.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.03 to 12.03. 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 | UP | POSITIVE | The long term trend for VCM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VCM.CA is up. |
| ChartMill Relative Strength | 56.81 | NEUTRAL | VCM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VCM.CA is above the rising 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) | 78.97 | OVERBOUGHT | The high RSI value suggests VCM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests VCM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.27 | OVERBOUGHT | The high Stochastics value suggests VCM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for VCM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.14 | POSITIVE | The high ADX value value for VCM.CA suggests a strong trend. |
TSX:VCM (2/23/2026, 7:00:00 PM)
12
-0.02 (-0.17%)
VECIMA NETWORKS INC / VCM.CA FAQ
Can you provide the ChartMill technical rating for VECIMA NETWORKS INC?
ChartMill assigns a technical rating of 8 / 10 to VCM.CA.
What is the trend direction for VCM stock?
The current trend direction for VECIMA NETWORKS INC (VCM.CA) is Bullish.
What is the RSI signal for VCM stock?
VECIMA NETWORKS INC (VCM.CA) has an RSI value of 78.9673. This indicates that the stock is currently overbought.
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 10.29 and a resistance level at 12.03. Check the full technical report for our detailed analysis of VCM.CA support and resistance levels.