VIGL Technical Analysis - VIGIL NEUROSCIENCE INC

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to VIGL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VIGL is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!

VIGL is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 538 stocks in the same industry.

VIGL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

VIGL has an average volume of 2021140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Looking at the yearly performance, VIGL did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

In the last month VIGL has a been trading in a tight range between 7.99 and 8.10.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

VIGIL NEUROSCIENCE INC / VIGL Weekly stock chart

VIGIL NEUROSCIENCE INC / VIGL Daily stock chart

Setup Rating and Analysis

Although VIGL has an excellent technical rating, the quality of the presented setup is not ideal 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

7.78

8.17

When analyzing the support we notice one important area.

A support zone ranging from 7.86 to 8.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 8.05 to 8.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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 VIGL is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for VIGL is up.
ChartMill Relative Strength	98.76	POSITIVE	VIGL has a high relative strength, it outperformed 98.76% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of VIGL is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of VIGL is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of VIGL is above the rising SMA(200).
Relative Strength Index/RSI (14)	78.76	OVERBOUGHT	The high RSI value suggests VIGL may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests VIGL has a negative trend, although the MACD value is rising.
Stochastics (14,3)	34.52	NEUTRAL	The Stochastics value for VIGL is a neutral value.
Average True Range in percent/ATR (20)	0.36	LOW VOLATILITY	The low ATR as a percentage value for VIGL suggests low volalility.
Average Directional Index/ADX (14)	72.18	POSITIVE	The high ADX value value for VIGL suggests a strong trend.