Overall VGAS gets a technical rating of 0 out of 10. VGAS'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.
The technical rating of VGAS is bad and it also does not present a 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.
1.97
We can see 2 important resistance areas.
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 VGAS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VGAS is down. |
| ChartMill Relative Strength | 7.53 | NEGATIVE | VGAS has a low relative strength, it was outperformed by 92.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VGAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VGAS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VGAS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.22 | OVERSOLD | The low RSI value suggests VGAS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests VGAS has a negative trend. |
| Stochastics (14,3) | 3.56 | OVERSOLD | The low Stochastics value suggests VGAS may be oversold. |
| Average True Range in percent/ATR (20) | 10.2 | HIGH VOLATILITY | The high ATR as a percentage value for VGAS suggests high volalility. |
| Average Directional Index/ADX (14) | 27.59 | POSITIVE | The high ADX value value for VGAS suggests a strong trend. |
1.99
-0.07 (-3.4%)
ChartMill assigns a technical rating of 0 / 10 to VGAS.
The current trend direction for VERDE CLEAN FUELS INC (VGAS) is Bearish.
VERDE CLEAN FUELS INC (VGAS) has an RSI value of 29.2223. This indicates that the stock is currently oversold.
The buy/sell signal for VERDE CLEAN FUELS INC (VGAS) is sell as both the short term and long term trends are negative.
VERDE CLEAN FUELS INC (VGAS) has a resistance level at 2.57. Check the full technical report for our detailed analysis of VGAS support and resistance levels.