Taking everything into account, VIR scores 4 out of 10 in our technical rating. VIR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
VIR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.62, a Stop Loss order could be placed below this zone.
More info and screens
5.06
We found 3 important support areas.
- A support zone ranging from 5.53 to 5.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.27 from a trend line in the daily time frame.
- A support zone ranging from 5.11 to 5.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.99 to 6.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.29 to 6.44. 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 | NEUTRAL | NEUTRAL | The long term trend for VIR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIR is neutral. |
| ChartMill Relative Strength | 59.7 | NEUTRAL | VIR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VIR is above 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) | DOWN | NEGATIVE | The current price of VIR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.74 | NEUTRAL | The RSI value for VIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VIR has a positive trend. |
| Stochastics (14,3) | 66.98 | NEUTRAL | The Stochastics value for VIR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for VIR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.23 | NEUTRAL | The ADX value for VIR suggests a possible start of a new trend. |
5.68
+0.12 (+2.16%)
VIR BIOTECHNOLOGY INC / VIR FAQ
What is the technical rating for VIR stock?
ChartMill assigns a technical rating of 4 / 10 to VIR.
Can you provide the trend direction for VIR BIOTECHNOLOGY INC?
The current trend direction for VIR BIOTECHNOLOGY INC (VIR) is Bearish.
What is the RSI signal for VIR stock?
VIR BIOTECHNOLOGY INC (VIR) has an RSI value of 51.7421. This indicates that the stock is currently neutral.
What is the MACD signal for VIR BIOTECHNOLOGY INC (VIR) stock?
The MACD indicator for VIR BIOTECHNOLOGY INC (VIR) has a value of 0.00198334, indicating a bearish trend.
What is the support and resistance level for VIR stock?
VIR BIOTECHNOLOGY INC (VIR) has a support level at 5.62 and a resistance level at 5.99. Check the full technical report for our detailed analysis of VIR support and resistance levels.