NYSE:VET - New York Stock Exchange, Inc. - CA9237251058 - Common Stock - Currency: USD
Overall VET gets a technical rating of 5 out of 10. In the past year, VET was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
6.78
When analyzing the support we notice one important area.
2 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 | 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 | 23.28 | NEGATIVE | VET has a low relative strength, it was outperformed by 76.72% 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) | UP | POSITIVE | The current price of VET is above the rising 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) | 73.1 | OVERBOUGHT | The high RSI value suggests VET may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests VET has a positive trend. |
Stochastics (14,3) | 94.2 | OVERBOUGHT | The high Stochastics value suggests VET may be overbought. |
Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for VET suggests some volalility. |
Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for VET suggests a possible start of a new trend. |
8.24
+0.32 (+4.04%)