VIR BIOTECHNOLOGY INC (VIR) Technical Analysis
NASDAQ:VIR • US92764N1028
Current stock price
8.4 USD
-0.56 (-6.25%)
At close:
8.4988 USD
+0.1 (+1.18%)
After Hours:
VIR Technical Rating and Analysis
Overall VIR gets a technical rating of 7 out of 10. In the last year, VIR was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month VIR has a been trading in the 8.39 - 10.29 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- VIR is one of the better performing stocks in the Biotechnology industry, it outperforms 71% of 517 stocks in the same industry.
- VIR has an average volume of 3941940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that VIR is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- VIR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VIR is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
VIR Weekly and Daily overview Charts
VIR Setup Rating and Analysis
VIR has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
VIR Support and Resistance Analysis
6.35
10.10
We found 3 important support areas.
- A support zone ranging from 8.28 to 8.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.77 from a trend line in the daily time frame.
- A support zone ranging from 6.41 to 6.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.42 to 9.56. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @10.00 from a horizontal line in the daily time frame.
VIR 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 VIR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIR is neutral. |
| ChartMill Relative Strength | 88.48 | POSITIVE | VIR has a high relative strength, it outperformed 88.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VIR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.18 | NEUTRAL | The RSI value for VIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests VIR has a negative trend. |
| Stochastics (14,3) | 17.59 | OVERSOLD | The low Stochastics value suggests VIR may be oversold. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for VIR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for VIR suggests a possible start of a new trend. |
VIR Chart- and CandleStick Pattern Analysis
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)
VIR Technicals: Chart, Performance Metrics, Trend & Indicators
8.4
-0.56 (-6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.25%
1 Week-7.69%
2 Weeks-9.29%
1 Month-7.59%
3 Month40%
6 Month53.01%
12 Month25.37%
2 Year-17.08%
3 Year-63.9%
5 Year-83.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%7.05%
ATR Inc-15.88%
Range Today0.6
ADR(20)0.57
ADR(20)%6.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.48
3 months CRS96.02
6 months CRS95.62
Mansfield4.11
10 Day High9.85
10 Day Low8.39
20 Day High10.29
20 Day Low8.39
52 Week High10.94
52 Week Low4.16
CS1 End8.39
CR1 Start9.42
Volume & EV
DER(3)-0.01%
DER(5)-0.81%
Volume1.46M
Volume Incr-72.57%
Vol(5)1.97M
Vol(50)3.94M
VIR BIOTECHNOLOGY INC / VIR TA FAQ
What is the technical rating for VIR stock?
ChartMill assigns a technical rating of 7 / 10 to VIR.
What is the current trend direction of VIR BIOTECHNOLOGY INC (VIR) stock?
The current trend direction for VIR BIOTECHNOLOGY INC (VIR) is Bullish.
Can you provide the RSI signal for VIR BIOTECHNOLOGY INC?
VIR BIOTECHNOLOGY INC (VIR) has an RSI value of 44.1808. This indicates that the stock is currently neutral.
What is the short term momentum for VIR stock?
The short term momentum for VIR BIOTECHNOLOGY INC (VIR) is neutral.
What are the support and resistance levels for VIR BIOTECHNOLOGY INC (VIR) stock?
VIR BIOTECHNOLOGY INC (VIR) has a support level at 8.39 and a resistance level at 9.42. Check the full technical report for our detailed analysis of VIR support and resistance levels.