VENTURE GLOBAL INC-CL A (VG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VG - US92333F1012 - Common Stock
Taking everything into account, VG scores 1 out of 10 in our technical rating. VG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
VG has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
6.74
We found 1 important support area.
- Support @6.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @7.53 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.35 to 10.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.76 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for VG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VG is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | VG 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 VG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.57 | NEUTRAL | The RSI value for VG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests VG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.22 | NEUTRAL | The Stochastics value for VG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for VG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for VG suggests a weak or negative trend. |
7.23
-0.29 (-3.86%)
VENTURE GLOBAL INC-CL A / VG FAQ
Can you provide the ChartMill technical rating for VENTURE GLOBAL INC-CL A?
ChartMill assigns a technical rating of 1 / 10 to VG.
What is the trend direction for VG stock?
The current trend direction for VENTURE GLOBAL INC-CL A (VG) is Bearish.
Can you provide the RSI signal for VENTURE GLOBAL INC-CL A?
VENTURE GLOBAL INC-CL A (VG) has an RSI value of 53.5703. This indicates that the stock is currently neutral.
What is the MACD signal for VG stock?
The MACD indicator for VENTURE GLOBAL INC-CL A (VG) has a value of 0.131604, indicating a bearish trend.
What are the support and resistance levels for VENTURE GLOBAL INC-CL A (VG) stock?
VENTURE GLOBAL INC-CL A (VG) has a support level at 6.81 and a resistance level at 7.53. Check the full technical report for our detailed analysis of VG support and resistance levels.