VELO3D INC (VELO) Stock Technical Analysis
USA - NASDAQ:VELO - US92259N3026 - Common Stock
6.61 USD
-0.24 (-3.5%)
6.829 USD
+0.22 (+3.31%)
Overall VELO gets a technical rating of 4 out of 10. In the last year, VELO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
100% of all other stocks performed better in the past year than VELO.
VELO is part of the Machinery industry. There are 129 other stocks in this industry, of which 92% are performing better than VELO.
The long and short term trends are both positive. This is looking good!
In the last month VELO has a been trading in the 2.87 - 8.29 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VELO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.54
6.68
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 VELO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VELO is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | VELO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VELO is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 74.99 | OVERBOUGHT | The high RSI value suggests VELO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests VELO has a positive trend. |
| Stochastics (14,3) | 79.95 | NEUTRAL | The Stochastics value for VELO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.83 | HIGH VOLATILITY | The high ATR as a percentage value for VELO suggests high volalility. |
| Average Directional Index/ADX (14) | 40.94 | POSITIVE | The high ADX value value for VELO 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)
6.61
-0.24 (-3.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.5%
1 Week29.1%
2 Weeks96.73%
1 Month107.21%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%10.83%
ATR Inc259.4%
Range Today2.23
ADR(20)0.7
ADR(20)%10.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.29
10 Day Low3.27
20 Day High8.29
20 Day Low2.87
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)4.59%
DER(5)2.48%
Volume1.68M
Volume Incr283.78%
Vol(5)1.80M
Vol(50)N/A