We assign a technical rating of 6 out of 10 to VCYT. In the last year, VCYT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
VCYT has an average technical rating and also the quality of the setup is only medium 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
24.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.03 to 42.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.15 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 42.04 to 43.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 45.22 to 45.65. 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 | UP | POSITIVE | The long term trend for VCYT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VCYT is neutral. |
| ChartMill Relative Strength | 63.65 | NEUTRAL | VCYT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VCYT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VCYT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VCYT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.35 | NEUTRAL | The RSI value for VCYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests VCYT has a negative trend. |
| Stochastics (14,3) | 41.4 | NEUTRAL | The Stochastics value for VCYT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for VCYT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.8 | NEGATIVE | The low ADX value for VCYT suggests a weak or negative trend. |
42.04
-1.52 (-3.49%)
VERACYTE INC / VCYT FAQ
What is the technical rating for VCYT stock?
ChartMill assigns a technical rating of 6 / 10 to VCYT.
What is the current trend direction of VERACYTE INC (VCYT) stock?
The current trend direction for VERACYTE INC (VCYT) is Bullish.
What is the RSI signal for VERACYTE INC (VCYT) stock?
VERACYTE INC (VCYT) has an RSI value of 45.3454. This indicates that the stock is currently neutral.
What is the short term momentum for VCYT stock?
The short term momentum for VERACYTE INC (VCYT) is neutral.
What are the support and resistance levels for VERACYTE INC (VCYT) stock?
VERACYTE INC (VCYT) has a support level at 42.03 and a resistance level at 42.04. Check the full technical report for our detailed analysis of VCYT support and resistance levels.