VISTA GOLD CORP (VGZ) Stock Technical Analysis
NYSEARCA:VGZ - NYSE Arca - CA9279263037 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to VGZ. 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 0.91 - 1.28 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, VGZ did better than 95% of all other stocks.
VGZ is one of the better performing stocks in the Metals & Mining industry, it outperforms 84% of 154 stocks in the same industry.
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 currently trading near new highs, so VGZ is lagging the market.
Considerably lower volume is observed in the last couple of days.
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
0.61
1.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.96 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.79 from a trend line in the daily time frame.
- Support @0.68 from a trend line in the weekly time frame.
- Support @0.62 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.01 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.06 from a horizontal 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 | 95.04 | POSITIVE | VGZ has a high relative strength, it outperformed 95.04% 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) | 43.56 | NEUTRAL | The RSI value for VGZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VGZ has a negative trend. |
| Stochastics (14,3) | 40.28 | NEUTRAL | The Stochastics value for VGZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for VGZ suggests high volalility. |
| Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for VGZ suggests a weak or negative trend. |
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)
0.9759
-0.01 (-1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.42%
1 Week-4.32%
2 Weeks-2.41%
1 Month-17.3%
3 Month38.48%
6 Month74.96%
12 Month104.68%
2 Year87.71%
3 Year43.51%
5 Year16.18%
10 Year195.73%
15 Year-42.93%
Volatility
ATR(14)0.04
ATR(20)%5.83%
ATR Inc3.75%
Range Today0.04
ADR(20)0.05
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.04
Mansfield2.69
10 Day High1.05
10 Day Low0.96
20 Day High1.28
20 Day Low0.91
52 Week High1.3
52 Week Low0.46
CS1 End0.96
CR1 Start1
Volume & EV
DER(3)-1.57%
DER(5)0.14%
Volume391.20K
Volume Incr-50%
Vol(5)486.64K
Vol(50)913.64K