VIRTU FINANCIAL INC-CLASS A (VIRT) Technical Analysis
NYSE:VIRT • US9282541013
Overall VIRT gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VIRT is only an average performer.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- VIRT is part of the Capital Markets industry. There are 242 other stocks in this industry. VIRT outperforms 85% of them.
- VIRT has an average volume of 1188950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that VIRT is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- VIRT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VIRT is lagging the market slightly.
- In the last month VIRT has a been trading in the 37.45 - 43.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VIRT has an excellent technical rating, the quality of the presented setup is not ideal 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
32.06
4 important support areas can be observed.
- A support zone ranging from 39.08 to 39.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.88 from a trend line in the weekly time frame.
- Support @33.21 from a horizontal line in the weekly time frame.
- Support @32.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.51 to 40.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.59 to 43.16. 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 | UP | POSITIVE | The long term trend for VIRT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIRT is neutral. |
| ChartMill Relative Strength | 76.26 | POSITIVE | VIRT has a high relative strength, it outperformed 76.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VIRT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VIRT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.28 | NEUTRAL | The RSI value for VIRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests VIRT has a negative trend. |
| Stochastics (14,3) | 15.19 | OVERSOLD | The low Stochastics value suggests VIRT may be oversold. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for VIRT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.08 | NEUTRAL | The ADX value for VIRT suggests a possible start of a new trend. |
VIRT Technicals: Chart, Performance Metrics, Trend & Indicators
39.09
-0.58 (-1.46%)
VIRTU FINANCIAL INC-CLASS A / VIRT FAQ
What is the ChartMill technical rating of VIRTU FINANCIAL INC-CLASS A (VIRT) stock?
ChartMill assigns a technical rating of 7 / 10 to VIRT.
What is the trend direction for VIRT stock?
The current trend direction for VIRTU FINANCIAL INC-CLASS A (VIRT) is Bullish.
What is the RSI signal for VIRTU FINANCIAL INC-CLASS A (VIRT) stock?
VIRTU FINANCIAL INC-CLASS A (VIRT) has an RSI value of 45.2828. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for VIRTU FINANCIAL INC-CLASS A?
VIRTU FINANCIAL INC-CLASS A (VIRT) has a support level at 39.08 and a resistance level at 40.51. Check the full technical report for our detailed analysis of VIRT support and resistance levels.