VENU HOLDING CORP (VENU) Stock Technical Analysis
NYSEARCA:VENU - NYSE Arca - US92333E1047 - Common Stock - Currency: USD
Overall VENU gets a technical rating of 7 out of 10. Although VENU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than VENU.
VENU is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, of which 93% are performing better than VENU.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month VENU has a been trading in the 11.60 - 14.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VENU has an excellent technical rating, it 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
11.56
14.36
When analyzing the support we can see 3 important areas.
- Support @13.19 from a trend line in the daily time frame.
- Support @12.53 from a trend line in the daily time frame.
- A support zone ranging from 11.68 to 11.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.22 to 14.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 VENU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VENU is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | VENU 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 VENU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VENU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for VENU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests VENU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.35 | NEUTRAL | The Stochastics value for VENU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for VENU suggests high volalility. |
| Average Directional Index/ADX (14) | 20.05 | NEUTRAL | The ADX value for VENU suggests a possible start of a new 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)
13.72
-0.04 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.29%
1 Week-1.64%
2 Weeks14.67%
1 Month11.78%
3 Month65.58%
6 Month38.01%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%5.1%
ATR Inc87.77%
Range Today0.74
ADR(20)0.69
ADR(20)%5.02%
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 High14.48
10 Day Low11.97
20 Day High14.48
20 Day Low11.6
52 Week HighN/A
52 Week LowN/A
CS1 End13.19
CR1 Start14.22
Volume & EV
DER(3)-6.12%
DER(5)-8.11%
Volume16.27K
Volume Incr20.75%
Vol(5)70.16K
Vol(50)96.06K