NASDAQ:VEEE - Nasdaq - US90177C2008 - Common Stock - Currency: USD
Taking everything into account, VEEE scores 0 out of 10 in our technical rating. VEEE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, VEEE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.15, a Stop Loss order could be placed below this zone.
2.10
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 | 3.71 | NEGATIVE | VEEE has a low relative strength, it was outperformed by 96.29% 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) | 48.64 | NEUTRAL | The RSI value for VEEE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests VEEE has a positive trend. |
Stochastics (14,3) | 71.43 | NEUTRAL | The Stochastics value for VEEE is a neutral value. |
Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for VEEE suggests some volalility. |
Average Directional Index/ADX (14) | 35.52 | POSITIVE | The high ADX value value for VEEE suggests a strong trend. |
2.27
-0.05 (-2.16%)