We assign a technical rating of 4 out of 10 to VFS. Recently some decent action could be observed, but in the medium term time frame this is still negative. VFS was also a bad performer in the overall market in the last year.
VFS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.42, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.36 to 3.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.28 from a trend line in the daily time frame.
- A support zone ranging from 3.08 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.52 to 3.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @3.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.73 to 3.76. 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 | NEUTRAL | NEUTRAL | The long term trend for VFS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VFS is up. |
| ChartMill Relative Strength | 24.19 | NEGATIVE | VFS has a low relative strength, it was outperformed by 75.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VFS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.61 | NEUTRAL | The RSI value for VFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VFS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.78 | NEUTRAL | The Stochastics value for VFS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for VFS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.55 | NEUTRAL | The ADX value for VFS suggests a possible start of a new trend. |
3.45
+0.03 (+0.88%)
VINFAST AUTO LTD / VFS FAQ
Can you provide the ChartMill technical rating for VINFAST AUTO LTD?
ChartMill assigns a technical rating of 4 / 10 to VFS.
Can you provide the trend direction for VINFAST AUTO LTD?
The current trend direction for VINFAST AUTO LTD (VFS) is Bearish.
Can you provide the RSI signal for VINFAST AUTO LTD?
VINFAST AUTO LTD (VFS) has an RSI value of 53.6096. This indicates that the stock is currently neutral.
What is the short term momentum for VFS stock?
The short term momentum for VINFAST AUTO LTD (VFS) is positive.
Can you provide the support and resistance levels for VINFAST AUTO LTD?
VINFAST AUTO LTD (VFS) has a support level at 3.42 and a resistance level at 3.52. Check the full technical report for our detailed analysis of VFS support and resistance levels.