VIRNETX HOLDING CORP (VHC) Stock Technical Analysis
NYSE:VHC - New York Stock Exchange, Inc. - US92823T2078 - Common Stock - Currency: USD
Overall VHC gets a technical rating of 10 out of 10. VHC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: VHC has an average volume of 8954 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that VHC is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by VHC over the past year are nicely spread over this period.
VHC is part of the Software industry. There are 504 other stocks in this industry. VHC outperforms 96% of them.
VHC is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so VHC is leading the market.
In the last month VHC has a been trading in the 7.56 - 13.89 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although VHC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.86
11.50
When analyzing the support we can see 3 important areas.
- Support @9.17 from a horizontal line in the daily time frame.
- A support zone ranging from 8.46 to 8.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.94 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 | NEUTRAL | NEUTRAL | The long term trend for VHC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VHC is up. |
| ChartMill Relative Strength | 97.95 | POSITIVE | VHC has a high relative strength, it outperformed 97.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.71 | OVERBOUGHT | The high RSI value suggests VHC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests VHC has a positive trend. |
| Stochastics (14,3) | 80.04 | OVERBOUGHT | The high Stochastics value suggests VHC may be overbought. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for VHC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.21 | NEUTRAL | The ADX value for VHC suggests a possible start of a new 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)
11.39
+1.54 (+15.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg15.63%
1 Week46.78%
2 Weeks42.73%
1 Month40.62%
3 Month26.56%
6 Month129.64%
12 Month198.17%
2 Year22.47%
3 Year-51.32%
5 Year-91.24%
10 Year-86.44%
15 Year-90.38%
Volatility
ATR(14)0.76
ATR(20)%6.04%
ATR Inc490.47%
Range Today3.79
ADR(20)0.65
ADR(20)%5.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.95
Mansfield5
10 Day High13.89
10 Day Low7.74
20 Day High13.89
20 Day Low7.56
52 Week High13.89
52 Week Low3.55
CS1 End9.17
CR1 StartN/A
Volume & EV
DER(3)11.5%
DER(5)14.72%
Volume175.20K
Volume Incr1142.23%
Vol(5)41.18K
Vol(50)8.95K