VICI PROPERTIES INC (VICI) Stock Technical Analysis
NYSE:VICI - New York Stock Exchange, Inc. - US9256521090 - REIT - Currency: USD
We assign a technical rating of 7 out of 10 to VICI. Although VICI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
VICI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VICI in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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27.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 31.51 to 32.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.79 to 30.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 27.34 to 27.75. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.61 to 32.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @33.31 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 VICI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VICI is up. |
| ChartMill Relative Strength | 68.05 | NEUTRAL | VICI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VICI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VICI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VICI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.35 | NEUTRAL | The RSI value for VICI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VICI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.9 | NEUTRAL | The Stochastics value for VICI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for VICI suggests low volalility. |
| Average Directional Index/ADX (14) | 11.34 | NEGATIVE | The low ADX value for VICI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.62 | 31.50 | 1.12 (3.43%) | 25.00% |
| An entry @32.62. This is a Buy Stop order right above the resistance zone. | An exit @31.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.12 points, which is 3.43%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
32.14
+0.02 (+0.06%)