VHC Technical Analysis - VIRNETX HOLDING CORP

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to VHC. Both in the recent history as in the last year, VHC has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: VHC has an average volume of 24772 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

When comparing the yearly performance of all stocks, we notice that VHC is one of the better performing stocks in the market, outperforming 96% of all stocks.

VHC is part of the Software industry. There are 282 other stocks in this industry. VHC outperforms 93% of them.

VHC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VHC is lagging the market slightly.

In the last month VHC has a been trading in the 11.66 - 21.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

VIRNETX HOLDING CORP / VHC Weekly stock chart

VIRNETX HOLDING CORP / VHC Daily stock chart

Setup Rating and Analysis

Although VHC has an excellent technical rating, it does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

7.32

17.17

We found 4 important support areas.

A support zone ranging from 16.37 to 16.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 8.39 to 8.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @7.55 from a horizontal line in the weekly time frame.
Support @7.39 from a horizontal line in the daily time frame.

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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	UP	POSITIVE	The long term trend for VHC is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for VHC is neutral.
ChartMill Relative Strength	96.71	POSITIVE	VHC has a high relative strength, it outperformed 96.71% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of VHC is below 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)	53.44	NEUTRAL	The RSI value for VHC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.77	NEGATIVE	The MACD value suggests VHC has a negative trend, although the MACD value is rising.
Stochastics (14,3)	18.58	OVERSOLD	The low Stochastics value suggests VHC may be oversold.
Average True Range in percent/ATR (20)	13.41	HIGH VOLATILITY	The high ATR as a percentage value for VHC suggests high volalility.
Average Directional Index/ADX (14)	29.06	POSITIVE	The high ADX value value for VHC suggests a strong trend.