VIRNETX HOLDING CORP (VHC) Stock Technical Analysis
NYSE:VHC - New York Stock Exchange, Inc. - US92823T2078 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to VHC. In the last year, VHC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: VHC has an average volume of 13492 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.
Looking at the yearly performance, VHC did better than 93% of all other stocks.
VHC is one of the better performing stocks in the Software industry, it outperforms 86% of 284 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
VHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VHC is lagging the market.
In the last month VHC has a been trading in the 6.60 - 13.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VHC has an excellent technical rating, it does not present a decent entry opportunity 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
7.32
10.94
We found 4 important support areas.
- Support @9.17 from a horizontal line in the daily time frame.
- A support zone ranging from 8.72 to 8.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.65 from a trend line in the daily time frame.
- Support @7.39 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 | 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 | 93.96 | POSITIVE | VHC has a high relative strength, it outperformed 93.96% 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) | 64.78 | NEUTRAL | The RSI value for VHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests VHC has a positive trend. |
| Stochastics (14,3) | 58.51 | NEUTRAL | The Stochastics value for VHC is a neutral value. |
| Average True Range in percent/ATR (20) | 11.71 | HIGH VOLATILITY | The high ATR as a percentage value for VHC suggests high volalility. |
| Average Directional Index/ADX (14) | 22.12 | 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)
10.83
+1.08 (+11.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg11.08%
1 Week44.4%
2 Weeks21.69%
1 Month38%
3 Month43.44%
6 Month106.29%
12 Month59.26%
2 Year16.45%
3 Year-53.72%
5 Year-91.67%
10 Year-87.11%
15 Year-90.85%
Volatility
ATR(14)1.28
ATR(20)%11.71%
ATR Inc10.9%
Range Today1.51
ADR(20)1.21
ADR(20)%11.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.96
Mansfield3.58
10 Day High10.83
10 Day Low6.6
20 Day High13.89
20 Day Low6.6
52 Week High13.89
52 Week Low3.68
CS1 End9.17
CR1 StartN/A
Volume & EV
DER(3)-2.43%
DER(5)1.29%
Volume28.50K
Volume Incr64.85%
Vol(5)33.44K
Vol(50)13.49K