VISTA GOLD CORP (VGZ) Technical Analysis
NYSEARCA:VGZ • CA9279263037
Overall VGZ gets a technical rating of 8 out of 10. In the last year, VGZ was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month VGZ has a been trading in the 2.25 - 3.06 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, VGZ did better than 97% of all other stocks. On top of that, VGZ also shows a nice and consistent pattern of rising prices.
- VGZ is part of the Metals & Mining industry. There are 157 other stocks in this industry. VGZ outperforms 82% of them.
- VGZ has an average volume of 1963190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- VGZ 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 VGZ is lagging the market slightly.
Although VGZ has an excellent technical rating, the quality of the presented setup is not ideal 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
2.12
When analyzing the support we can see 2 important areas.
- Support @2.21 from a trend line in the weekly time frame.
- A support zone ranging from 2.14 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @2.83 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 | UP | POSITIVE | The long term trend for VGZ is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VGZ is down. |
| ChartMill Relative Strength | 97.32 | POSITIVE | VGZ has a high relative strength, it outperformed 97.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VGZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VGZ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VGZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.92 | NEUTRAL | The RSI value for VGZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests VGZ has a negative trend. |
| Stochastics (14,3) | 10.45 | OVERSOLD | The low Stochastics value suggests VGZ may be oversold. |
| Average True Range in percent/ATR (20) | 10.32 | HIGH VOLATILITY | The high ATR as a percentage value for VGZ suggests high volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for VGZ suggests a weak or negative trend. |
VGZ Technicals: Chart, Performance Metrics, Trend & Indicators
2.36
-0.05 (-2.07%)
VISTA GOLD CORP / VGZ FAQ
What is the technical rating for VGZ stock?
ChartMill assigns a technical rating of 8 / 10 to VGZ.
What is the current trend direction of VISTA GOLD CORP (VGZ) stock?
The current trend direction for VISTA GOLD CORP (VGZ) is Bullish.
What is the RSI signal for VISTA GOLD CORP (VGZ) stock?
VISTA GOLD CORP (VGZ) has an RSI value of 42.9151. This indicates that the stock is currently neutral.
What is the MACD signal for VISTA GOLD CORP (VGZ) stock?
The MACD indicator for VISTA GOLD CORP (VGZ) has a value of -0.0656455, indicating a bearish trend.
Can you provide the buy/sell signal for VISTA GOLD CORP?
The buy/sell signal for VISTA GOLD CORP (VGZ) is hold as the short term and long term trends are mixed.