VIR BIOTECHNOLOGY INC (VIR) Stock Technical Analysis
NASDAQ:VIR - Nasdaq - US92764N1028 - Common Stock - Currency: USD
Taking everything into account, VIR scores 1 out of 10 in our technical rating. VIR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, VIR is a bad performer in the overall market: 93% of all stocks are doing better.
VIR is one of the lesser performing stocks in the Biotechnology industry. 62% of 557 stocks in the same industry do better.
VIR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VIR is lagging the market.
VIR has an average volume of 1293960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VIR has a been trading in the 4.37 - 5.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VIR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.46. Right above this resistance zone may be a good entry point.
More info and screens
4.45
5.51
We found 2 important support areas.
- Support @5.18 from a trend line in the daily time frame.
- A support zone ranging from 4.49 to 4.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.46 to 5.46. 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 | DOWN | NEGATIVE | The long term trend for VIR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIR is neutral. |
| ChartMill Relative Strength | 7.88 | NEGATIVE | VIR has a low relative strength, it was outperformed by 92.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIR is below a declining 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) | 49.62 | NEUTRAL | The RSI value for VIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests VIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.85 | NEUTRAL | The Stochastics value for VIR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for VIR suggests high volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for VIR suggests a weak or negative trend. |
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)
5.21
+0.11 (+2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.16%
1 Week-0.76%
2 Weeks-1.33%
1 Month10.15%
3 Month-24.82%
6 Month-29.02%
12 Month-43%
2 Year-78.76%
3 Year-79.54%
5 Year-87.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%5.21%
ATR Inc-1.18%
Range Today0.32
ADR(20)0.26
ADR(20)%5.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.88
Mansfield-3.59
10 Day High5.66
10 Day Low5.01
20 Day High5.66
20 Day Low4.37
52 Week High14.45
52 Week Low4.32
CS1 End5.18
CR1 Start5.46
Volume & EV
DER(3)-0.38%
DER(5)0.76%
Volume1.08M
Volume Incr-35.78%
Vol(5)934.56K
Vol(50)1.29M