Taking everything into account, VIRC scores 0 out of 10 in our technical rating. VIRC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of VIRC is bad and it also does not present a quality setup 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
6.81
6 important resistance areas can be observed.
- A resistance zone ranging from 6.96 to 7.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.40 to 7.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.74 from a trend line in the weekly time frame.
- Resistance @7.90 from a trend line in the daily time frame.
- Resistance @8.64 from a horizontal line in the daily time frame.
- Resistance @9.09 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 | DOWN | NEGATIVE | The long term trend for VIRC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VIRC is down. |
| ChartMill Relative Strength | 8.71 | NEGATIVE | VIRC has a low relative strength, it was outperformed by 91.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VIRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VIRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.62 | NEUTRAL | The RSI value for VIRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests VIRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.95 | NEUTRAL | The Stochastics value for VIRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for VIRC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.88 | NEUTRAL | The ADX value for VIRC suggests a possible start of a new trend. |
6.875
+0.38 (+5.93%)
VIRCO MFG CORPORATION / VIRC FAQ
Can you provide the ChartMill technical rating for VIRCO MFG CORPORATION?
ChartMill assigns a technical rating of 0 / 10 to VIRC.
Can you provide the trend direction for VIRCO MFG CORPORATION?
The current trend direction for VIRCO MFG CORPORATION (VIRC) is Bearish.
Can you provide the RSI signal for VIRCO MFG CORPORATION?
VIRCO MFG CORPORATION (VIRC) has an RSI value of 45.622. This indicates that the stock is currently neutral.
What is the MACD signal for VIRCO MFG CORPORATION (VIRC) stock?
The MACD indicator for VIRCO MFG CORPORATION (VIRC) has a value of -0.0249731, indicating a bearish trend.
Can you provide the support and resistance levels for VIRCO MFG CORPORATION?
VIRCO MFG CORPORATION (VIRC) has a resistance level at 6.96. Check the full technical report for our detailed analysis of VIRC support and resistance levels.