Viela Bio Inc (VIE) Stock Technical Analysis
NASDAQ:VIE - Nasdaq -
Taking everything into account, VIE scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VIE is only an average performer.
The long and short term trends are both positive. This is looking good!
VIE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VIE is performing more or less in line with the market.
VIE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
VIE has an average volume of 1027860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, VIE outperforms 41% of them, which is more or less in line with the market.
Besides having an excellent technical rating, VIE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 52.97, a Stop Loss order could be placed below this zone.
More info and screens
27.26
56.09
We found 5 important support areas.
- A support zone ranging from 52.79 to 52.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.30 to 37.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.06 from a trend line in the daily time frame.
- Support @34.15 from a horizontal line in the daily time frame.
- Support @27.54 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 53.14 to 53.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.94 to 55.53. This zone is formed by a combination of multiple trend lines 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 VIE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIE is up. |
| ChartMill Relative Strength | 41.15 | NEUTRAL | VIE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VIE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.59 | NEUTRAL | The RSI value for VIE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests VIE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.04 | OVERSOLD | The low Stochastics value suggests VIE may be oversold. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for VIE suggests low volalility. |
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)
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 |
|---|---|---|---|
| 53.22 | 52.92 | 0.30 (0.56%) | 25.00% |
| An entry @53.22. This is a Buy Stop order right above the resistance zone. | An exit @52.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.30 points, which is 0.56%. | For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VIE. Please evaluate whether better entry and exit points can be found.
- 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.
53.01
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.09%
2 Weeks-0.36%
1 Month0.38%
3 Month32.79%
6 Month71.33%
12 Month35.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.93%
ATR Inc-69.52%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.15
Mansfield1.15
10 Day High53.38
10 Day Low52.93
20 Day High56.24
20 Day Low52.81
52 Week High65
52 Week Low25.02
CS1 End52.97
CR1 Start53.14
Volume & EV
DER(3)-0.47%
DER(5)-1.92%
Volume1.25M
Volume Incr-20.58%
Vol(5)831.54K
Vol(50)1.03M