Taking everything into account, VIRC scores 0 out of 10 in our technical rating. VIRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, VIRC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for VIRC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.86
We found 1 important support area.
- A support zone ranging from 6.93 to 6.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 5 important resistance areas.
- Resistance @7.48 from a horizontal line in the daily time frame.
- Resistance @7.64 from a trend line in the weekly time frame.
- Resistance @7.84 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 | NEUTRAL | NEUTRAL | The short term trend for VIRC is neutral. |
| ChartMill Relative Strength | 7.64 | NEGATIVE | VIRC has a low relative strength, it was outperformed by 92.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VIRC is above 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) | 50.94 | NEUTRAL | The RSI value for VIRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests VIRC has a positive trend. |
| Stochastics (14,3) | 64.79 | NEUTRAL | The Stochastics value for VIRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for VIRC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.22 | NEGATIVE | The low ADX value for VIRC suggests a weak or negative trend. |
7.04
+0.1 (+1.44%)
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 50.9394. 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 0.0406587, indicating a bearish trend.
Can you provide the support and resistance levels for VIRCO MFG CORPORATION?
VIRCO MFG CORPORATION (VIRC) has a support level at 6.99 and a resistance level at 7.48. Check the full technical report for our detailed analysis of VIRC support and resistance levels.