VECIMA NETWORKS INC (VCM.CA) Stock Technical Analysis
Canada - TSX:VCM - CA92241Y1016 - Common Stock
10.25 CAD
+0.11 (+1.08%)
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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, VCM is a bad performer in the overall market: 93% of all stocks are doing better.
VCM is part of the Communications Equipment industry. There are 12 other stocks in this industry, of which 90% are performing better than VCM.
VCM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: VCM has an average volume of 2799 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 9.30 - 11.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found 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. There is very little resistance above the current price. There is a support zone below the current price at 10.22, a Stop Loss order could be placed below this zone.
More info and screens
8.76
11.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.16 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.69 from a trend line in the weekly time frame.
- Support @9.45 from a trend line in the daily time frame.
- A support zone ranging from 8.85 to 8.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @10.75 from a trend line in the daily time frame.
- A resistance zone ranging from 11.00 to 11.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.25 to 11.26. This zone is formed by a combination of multiple trend lines 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 VCM.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VCM.CA is neutral. |
| ChartMill Relative Strength | 7.82 | NEGATIVE | VCM.CA has a low relative strength, it was outperformed by 92.18% off all stocks 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) | DOWN | NEGATIVE | The current price of VCM.CA is below 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) | 50.42 | 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. |
| Stochastics (14,3) | 53.07 | NEUTRAL | The Stochastics value for VCM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for VCM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.17 | 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 (10/3/2025, 7:00:00 PM)
10.25
+0.11 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.08%
1 Week-1.16%
2 Weeks-5%
1 Month8.01%
3 Month8.47%
6 Month11.41%
12 Month-49.26%
2 Year-37.42%
3 Year-40.61%
5 Year-19.92%
10 Year-8.24%
15 Year169.03%
Volatility
ATR(14)0.51
ATR(20)%4.51%
ATR Inc-31.98%
Range Today0.4
ADR(20)0.43
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.82
Mansfield-2.71
10 Day High10.96
10 Day Low9.96
20 Day High11.1
20 Day Low9.3
52 Week High21.09
52 Week Low8.43
CS1 End10.22
CR1 Start10.75
Volume & EV
DER(3)-9.23%
DER(5)-11.01%
Volume1.63K
Volume Incr9.28%
Vol(5)3.54K
Vol(50)2.80K