VIKING HOLDINGS LTD (VIK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VIK - BMG93A5A1010 - Common Stock
Overall VIK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VIK is showing a nice and steady performance.
VIK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for VIK 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.
More info and screens
37.51
We found 3 important support areas.
- A support zone ranging from 58.20 to 59.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 56.58 to 57.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @37.89 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 67.09 to 67.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 VIK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIK is up. |
| ChartMill Relative Strength | 87.67 | POSITIVE | VIK has a high relative strength, it outperformed 87.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.7 | NEUTRAL | The RSI value for VIK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests VIK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.03 | OVERBOUGHT | The high Stochastics value suggests VIK may be overbought. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for VIK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for VIK suggests a possible start of a new 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 |
|---|---|---|---|
| 67.88 | 60.37 | 7.51 (11.06%) | 9.04% |
| An entry @67.88. This is a Buy Stop order right above the resistance zone. | An exit @60.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.51 points, which is 11.06%. | When investing 9.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
67.08
-0.53 (-0.78%)
VIKING HOLDINGS LTD / VIK FAQ
What is the ChartMill technical rating of VIKING HOLDINGS LTD (VIK) stock?
ChartMill assigns a technical rating of 10 / 10 to VIK.
Can you provide the trend direction for VIKING HOLDINGS LTD?
The current trend direction for VIKING HOLDINGS LTD (VIK) is Bullish.
What is the RSI signal for VIKING HOLDINGS LTD (VIK) stock?
VIKING HOLDINGS LTD (VIK) has an RSI value of 63.7031. This indicates that the stock is currently neutral.
What is the short term momentum for VIKING HOLDINGS LTD (VIK) stock?
The short term momentum for VIKING HOLDINGS LTD (VIK) is positive.
Can you provide the buy/sell signal for VIKING HOLDINGS LTD?
The buy/sell signal for VIKING HOLDINGS LTD (VIK) is buy as both the short term and long term trends are positive.