NYSE:VET - New York Stock Exchange, Inc. - CA9237251058 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to VET. Recently some decent action could be observed, but in the medium term time frame this is still negative. VET was also a bad performer in the overall market in the last year.
VET 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.
6.72
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for VET is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VET is up. |
ChartMill Relative Strength | 19.27 | NEGATIVE | VET has a low relative strength, it was outperformed by 80.73% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VET is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VET is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VET is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 72.33 | OVERBOUGHT | The high RSI value suggests VET may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests VET has a positive trend. |
Stochastics (14,3) | 95.43 | OVERBOUGHT | The high Stochastics value suggests VET may be overbought. |
Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for VET suggests some volalility. |
Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for VET suggests a weak or negative trend. |
8.02
+0.38 (+4.97%)