VIRTU FINANCIAL INC-CLASS A (VIRT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:VIRT • US9282541013
Taking everything into account, VIRT scores 8 out of 10 in our technical rating. Although VIRT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- VIRT is one of the better performing stocks in the Capital Markets industry, it outperforms 71% of 239 stocks in the same industry.
- VIRT has an average volume of 1102300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, VIRT turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- VIRT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VIRT is lagging the market.
- In the last month VIRT has a been trading in the 32.49 - 42.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although VIRT has an excellent technical rating, it does not present a decent entry opportunity 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
3 important support areas can be observed.
- Support @37.81 from a horizontal line in the daily time frame.
- Support @33.24 from a trend line in the weekly time frame.
- Support @32.38 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.38 to 41.52. 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 | UP | POSITIVE | The long term trend for VIRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIRT is up. |
| ChartMill Relative Strength | 49.88 | NEUTRAL | VIRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIRT is above 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) | 59.01 | NEUTRAL | The RSI value for VIRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VIRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.24 | NEUTRAL | The Stochastics value for VIRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for VIRT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.12 | POSITIVE | The high ADX value value for VIRT suggests a strong trend. |
38.53
+0.32 (+0.84%)
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 8 / 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 59.01. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for VIRTU FINANCIAL INC-CLASS A?
The buy/sell signal for VIRTU FINANCIAL INC-CLASS A (VIRT) is buy as both the short term and long term trends are positive.
What is the support and resistance level for VIRT stock?
VIRTU FINANCIAL INC-CLASS A (VIRT) has a support level at 37.81 and a resistance level at 41.38. Check the full technical report for our detailed analysis of VIRT support and resistance levels.