We assign a technical rating of 6 out of 10 to VELO. 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.
VELO has an average technical rating and it also does not offer a high quality setup 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
19.90
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). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VELO is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 71.04 | OVERBOUGHT | The high RSI value suggests VELO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests VELO has a positive trend. |
| Stochastics (14,3) | 87.8 | OVERBOUGHT | The high Stochastics value suggests VELO may be overbought. |
| Average True Range in percent/ATR (20) | 15 | HIGH VOLATILITY | The high ATR as a percentage value for VELO suggests high volalility. |
| Average Directional Index/ADX (14) | 58.18 | POSITIVE | The high ADX value value for VELO suggests a strong trend. |
20.1
-0.08 (-0.4%)
VELO3D INC / VELO FAQ
What is the ChartMill technical rating of VELO3D INC (VELO) stock?
ChartMill assigns a technical rating of 6 / 10 to VELO.
Can you provide the trend direction for VELO3D INC?
The current trend direction for VELO3D INC (VELO) is Bullish.
What is the RSI signal for VELO stock?
VELO3D INC (VELO) has an RSI value of 71.0355. This indicates that the stock is currently overbought.
Can you provide the short term momentum for VELO3D INC?
The short term momentum for VELO3D INC (VELO) is positive.
Can you provide the buy/sell signal for VELO3D INC?
The buy/sell signal for VELO3D INC (VELO) is buy as both the short term and long term trends are positive.