VIKING HOLDINGS LTD (VIK) Stock Technical Analysis
NYSE:VIK • BMG93A5A1010
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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, VIK did better than 89% of all other stocks. On top of that, VIK also shows a nice and consistent pattern of rising prices.
- VIK is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. VIK outperforms 96% of them.
- VIK 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.
- In the last month VIK has a been trading in the 67.95 - 79.62 range, which is quite wide. It is currently trading near the high of this range.
- VIK has an average volume of 2229330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, VIK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
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38.43
When analyzing the support we can see 7 important areas.
- A support zone ranging from 73.89 to 74.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 71.37 to 72.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.35 to 68.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.46 from a trend line in the daily time frame.
- Support @58.27 from a horizontal line in the daily time frame.
- Support @56.58 from a horizontal line in the daily time frame.
- Support @38.82 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @79.45 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 VIK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIK is up. |
| ChartMill Relative Strength | 89.08 | POSITIVE | VIK has a high relative strength, it outperformed 89.08% 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) | 57.5 | NEUTRAL | The RSI value for VIK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests VIK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.24 | OVERBOUGHT | The high Stochastics value suggests VIK may be overbought. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for VIK suggests some volalility. |
| Average Directional Index/ADX (14) | 24.53 | 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 |
|---|---|---|---|
| 79.46 | 73.88 | 5.58 (7.02%) | 14.24% |
| An entry @79.46. This is a Buy Stop order right above the resistance zone. | An exit @73.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.58 points, which is 7.02%. | For a 1.00% total portfolio risk, you can invest 14.24% 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.
77.04
-2.41 (-3.03%)
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.
What is the current trend direction of VIKING HOLDINGS LTD (VIK) stock?
The current trend direction for VIKING HOLDINGS LTD (VIK) is Bullish.
What is the RSI signal for VIK stock?
VIKING HOLDINGS LTD (VIK) has an RSI value of 57.501. This indicates that the stock is currently neutral.
What is the MACD signal for VIK stock?
The MACD indicator for VIKING HOLDINGS LTD (VIK) has a value of 0.267174, indicating a bearish trend.
What are the support and resistance levels for VIKING HOLDINGS LTD (VIK) stock?
VIKING HOLDINGS LTD (VIK) has a support level at 74.07 and a resistance level at 79.45. Check the full technical report for our detailed analysis of VIK support and resistance levels.