Valens Groworks Corp. (VGW.CA) Stock Technical Analysis
CNSX:VGW - Canadian Securities Exchange -
Overall VGW gets a technical rating of 3 out of 10. Although VGW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month VGW has a been trading in the 2.85 - 3.56 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that VGW is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
VGW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VGW is lagging the market slightly.
The technical rating of VGW 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.
More info and screens
1.58
3.63
We found 3 important support areas.
- Support @2.92 from a trend line in the daily time frame.
- Support @2.78 from a horizontal line in the weekly time frame.
- Support @1.60 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 3.13 to 3.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.25 from a trend line in the daily time frame.
- Resistance @3.39 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.49 to 3.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.59 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.56
Mansfield-1.49
10 Day High3.18
10 Day Low2.85
20 Day High3.56
20 Day Low2.85
52 Week High4.9
52 Week Low1.3
Performance
1 Week6.53%
2 Weeks4.38%
1 Month-4.91%
3 Month-21.91%
6 Month-24.39%
12 Month154.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)52.33
LBB2.86
UBB3.13
CNSX:VGW (12/18/2019, 4:01:00 PM)
3.1
+0.05 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.64%
1 Week6.53%
2 Weeks4.38%
1 Month-4.91%
3 Month-21.91%
6 Month-24.39%
12 Month154.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.56%
ATR Inc-3.72%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.56
Mansfield-1.49
10 Day High3.18
10 Day Low2.85
20 Day High3.56
20 Day Low2.85
52 Week High4.9
52 Week Low1.3
CS1 End2.92
CR1 Start3.13
Volume & EV
DER(3)-0.89%
DER(5)-6.79%
Volume306.31K
Volume Incr71.41%
Vol(5)387.31K
Vol(50)339.11K