VERDE CLEAN FUELS INC (VGAS) Technical Analysis
NASDAQ:VGAS • US9233721060
Current stock price
VGAS Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to VGAS. In the past year, VGAS 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.
- 88% of all other stocks performed better in the past year than VGAS.
- VGAS is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 210 stocks in the same industry do better.
- In the last month VGAS has a been trading in the 1.44 - 2.01 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- VGAS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VGAS is lagging the market.
- Considerably lower volume is observed in the last couple of days.
VGAS Weekly and Daily overview Charts
VGAS Setup Rating and Analysis
VGAS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.80, a Stop Loss order could be placed below this zone.
More info and screens
VGAS Support and Resistance Analysis
1.62
3 important support areas can be observed.
- A support zone ranging from 1.77 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.69 from a horizontal line in the daily time frame.
- A support zone ranging from 1.64 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.96 to 1.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
VGAS Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for VGAS is up. |
| ChartMill Relative Strength | 12.3 | NEGATIVE | VGAS has a low relative strength, it was outperformed by 87.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VGAS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VGAS is above the rising 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) | 56.15 | NEUTRAL | The RSI value for VGAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VGAS has a positive trend. |
| Stochastics (14,3) | 67.78 | NEUTRAL | The Stochastics value for VGAS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for VGAS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.94 | NEGATIVE | The low ADX value for VGAS suggests a weak or negative trend. |
VGAS Chart- and CandleStick Pattern Analysis
VGAS Technicals: Chart, Performance Metrics, Trend & Indicators
1.88
+0.07 (+3.87%)
VERDE CLEAN FUELS INC / VGAS TA FAQ
What is the ChartMill technical rating of VERDE CLEAN FUELS INC (VGAS) stock?
ChartMill assigns a technical rating of 4 / 10 to VGAS.
Can you provide the trend direction for VERDE CLEAN FUELS INC?
The current trend direction for VERDE CLEAN FUELS INC (VGAS) is Bearish.
What is the RSI signal for VGAS stock?
VERDE CLEAN FUELS INC (VGAS) has an RSI value of 56.1511. This indicates that the stock is currently neutral.
What is the short term momentum for VGAS stock?
The short term momentum for VERDE CLEAN FUELS INC (VGAS) is positive.
Can you provide the buy/sell signal for VERDE CLEAN FUELS INC?
The buy/sell signal for VERDE CLEAN FUELS INC (VGAS) is hold as the short term and long term trends are mixed.