TWIN VEE POWERCATS CO (VEEE) Stock Technical Analysis
USA - NASDAQ:VEEE - US90177C2008 - Common Stock
2.38 USD
+0.02 (+0.85%)
2.3924 USD
+0.01 (+0.52%)
Overall VEEE gets a technical rating of 5 out of 10. In the past year, VEEE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, VEEE is a bad performer in the overall market: 93% of all stocks are doing better.
VEEE is part of the Leisure Products industry. There are 33 other stocks in this industry, of which 71% are performing better than VEEE.
VEEE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
VEEE has an average volume of 1809920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VEEE has a been trading in the 1.86 - 3.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, VEEE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VEEE 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
1.92
2.40
We found 2 important support areas.
- A support zone ranging from 2.34 to 2.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.94 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for VEEE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEEE is up. |
| ChartMill Relative Strength | 7.5 | NEGATIVE | VEEE has a low relative strength, it was outperformed by 92.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEEE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEEE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VEEE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.36 | NEUTRAL | The RSI value for VEEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VEEE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.67 | NEUTRAL | The Stochastics value for VEEE is a neutral value. |
| Average True Range in percent/ATR (20) | 12.4 | HIGH VOLATILITY | The high ATR as a percentage value for VEEE suggests high volalility. |
| Average Directional Index/ADX (14) | 37.51 | POSITIVE | The high ADX value value for VEEE suggests a strong 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)
2.38
+0.02 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.85%
1 Week-5.18%
2 Weeks22.68%
1 Month22.49%
3 Month10.19%
6 Month-32%
12 Month-62.81%
2 Year-82.5%
3 Year-90.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%12.4%
ATR Inc-75.56%
Range Today0.09
ADR(20)0.25
ADR(20)%10.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.5
Mansfield-3.88
10 Day High3.46
10 Day Low2.24
20 Day High3.46
20 Day Low1.86
52 Week High9.3
52 Week Low1.86
CS1 End2.37
CR1 StartN/A
Volume & EV
DER(3)4.82%
DER(5)-1.63%
Volume57.20K
Volume Incr-98.11%
Vol(5)82.26K
Vol(50)1.81M