VIRCO MFG CORPORATION (VIRC) Stock Technical Analysis
NASDAQ:VIRC - Nasdaq - US9276511097 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to VIRC. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VIRC is a bad performer in the overall market: 90% of all stocks are doing better.
VIRC is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 80% are performing better than VIRC.
VIRC 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 VIRC is lagging the market.
VIRC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
VIRC 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 8.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.32, a Stop Loss order could be placed below this zone.
More info and screens
7.99
10.62
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.20 to 8.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.07 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.41 to 8.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.45 to 9.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.51 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 | 10.94 | NEGATIVE | VIRC has a low relative strength, it was outperformed by 89.06% 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) | 43.06 | NEUTRAL | The RSI value for VIRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VIRC has a positive trend. |
| Stochastics (14,3) | 22.84 | NEUTRAL | The Stochastics value for VIRC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for VIRC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.23 | NEUTRAL | The ADX value for VIRC suggests a possible start of a new 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)
8.325
+0.13 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.52%
1 Week3.03%
2 Weeks-1.01%
1 Month-0.66%
3 Month-20.79%
6 Month-48.96%
12 Month-36.88%
2 Year99.64%
3 Year116.23%
5 Year217.75%
10 Year192.11%
15 Year177.5%
Volatility
ATR(14)0.29
ATR(20)%4.05%
ATR Inc1.37%
Range Today0.34
ADR(20)0.33
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.94
Mansfield-3.69
10 Day High8.55
10 Day Low8
20 Day High9.36
20 Day Low8
52 Week High18.5
52 Week Low8
CS1 End8.32
CR1 Start8.41
Volume & EV
DER(3)-1.7%
DER(5)-0.19%
Volume39.90K
Volume Incr-41.04%
Vol(5)47.16K
Vol(50)81.66K