VICTORY CAPITAL HOLDING - A (VCTR) Stock Technical Analysis
NASDAQ:VCTR - Nasdaq - US92645B1035 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to VCTR. VCTR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, VCTR did better than 81% of all other stocks.
VCTR is part of the Capital Markets industry. There are 232 other stocks in this industry. VCTR outperforms 77% of them.
VCTR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VCTR is lagging the market slightly.
In the last month VCTR has a been trading in the 59.73 - 65.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, VCTR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 64.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.55, a Stop Loss order could be placed below this zone.
More info and screens
49.93
71.29
4 important support areas can be observed.
- A support zone ranging from 61.15 to 61.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.97 from a trend line in the weekly time frame.
- Support @53.12 from a trend line in the weekly time frame.
- Support @50.43 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 64.46 to 64.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @67.50 from a trend line in the daily time frame.
- A resistance zone ranging from 70.21 to 70.58. 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 VCTR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VCTR is neutral. |
| ChartMill Relative Strength | 81.86 | POSITIVE | VCTR has a high relative strength, it outperformed 81.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VCTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VCTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VCTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48 | NEUTRAL | The RSI value for VCTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests VCTR has a negative trend. |
| Stochastics (14,3) | 23.45 | NEUTRAL | The Stochastics value for VCTR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for VCTR suggests some volalility. |
| Average Directional Index/ADX (14) | 8.03 | NEGATIVE | The low ADX value for VCTR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 62.90 | 61.14 | 1.76 (2.79%) | 25.00% |
| An entry @62.90. This is a Buy Stop order right above the 10 day moving average. | An exit @61.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.76 points, which is 2.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- The distance between exit and entry is rather small compared to the average daily movement of VCTR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
61.56
-0.8 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.28%
1 Week-1.08%
2 Weeks-1.36%
1 Month-4.42%
3 Month2.82%
6 Month-5.96%
12 Month27.22%
2 Year95.18%
3 Year155.44%
5 Year258.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.63
ATR(20)%2.64%
ATR Inc29.4%
Range Today2.18
ADR(20)1.5
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.86
Mansfield-0.04
10 Day High65.35
10 Day Low61.11
20 Day High65.35
20 Day Low59.73
52 Week High73.42
52 Week Low43.82
CS1 End61.55
CR1 Start64.46
Volume & EV
DER(3)1.82%
DER(5)0.51%
Volume408.80K
Volume Incr19.73%
Vol(5)339.78K
Vol(50)306.83K