We assign a technical rating of 0 out of 10 to VEEE. VEEE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, VEEE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.74, a Stop Loss order could be placed below this zone.
More info and screens
1.69
We found 1 important support area.
- A support zone ranging from 1.71 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.97 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.15 from a trend line in the weekly time frame.
- Resistance @2.22 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.62 to 2.66. 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 VEEE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VEEE is neutral. |
| ChartMill Relative Strength | 8.43 | NEGATIVE | VEEE has a low relative strength, it was outperformed by 91.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VEEE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VEEE is below a declining 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) | 51.39 | NEUTRAL | The RSI value for VEEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VEEE has a positive trend. |
| Stochastics (14,3) | 62.47 | NEUTRAL | The Stochastics value for VEEE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.84 | HIGH VOLATILITY | The high ATR as a percentage value for VEEE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for VEEE suggests a possible start of a new trend. |
1.96
-0.01 (-0.51%)
TWIN VEE POWERCATS CO / VEEE FAQ
What is the technical rating for VEEE stock?
ChartMill assigns a technical rating of 0 / 10 to VEEE.
What is the trend direction for VEEE stock?
The current trend direction for TWIN VEE POWERCATS CO (VEEE) is Bearish.
Can you provide the RSI signal for TWIN VEE POWERCATS CO?
TWIN VEE POWERCATS CO (VEEE) has an RSI value of 51.3936. This indicates that the stock is currently neutral.
What is the MACD signal for VEEE stock?
The MACD indicator for TWIN VEE POWERCATS CO (VEEE) has a value of 0.0238635, indicating a bearish trend.