VALLOUREC SA (VK.PA)

FR0013506730 - Common Stock

17.76  +0.18 (+1%)

Technical Rating and Analysis

10

Taking everything into account, VK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, VK has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, VK did better than 98% of all other stocks. On top of that, VK also shows a nice and consistent pattern of rising prices.
VK is part of the Energy Equipment & Services industry. There are 40 other stocks in this industry. VK outperforms 100% of them.
VK is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so VK is leading the market.
VK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
VK Weekly chart
VK Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, VK also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.46, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.10

18.30

We found 5 important support areas.

  • A support zone ranging from 17.44 to 17.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @14.10 from a trend line in the daily time frame.
  • Support @13.39 from a trend line in the daily time frame.
  • Support @12.99 from a horizontal line in the daily time frame.
  • Support @11.21 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 17.80 to 18.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.06
Mansfield2.84
10 Day High18.2
10 Day Low17.31
20 Day High18.2
20 Day Low16.29
52 Week High18.2
52 Week Low9.55
Performance
1 Week0.2%
2 Weeks0%
1 Month8.16%
3 Month29.35%
6 Month63.91%
12 Month70.2%
2 Year57.1%
3 Year-34.37%
5 Year-79.91%
10 Year-98.96%
15 Year-98.94%
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)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)63.9
LBB17.13
UBB18.23
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
18.1317.430.70 (3.86%)25.00%
An entry @18.13. This is a Buy Stop order right above the resistance zone.An exit @17.43. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.70 points, which is 3.86%.For a 0.97% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VK Daily chart

VALLOUREC SA

EPA:VK (4/17/2024, 7:00:00 PM)

17.76

+0.18 (+1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1%
1 Week0.2%
2 Weeks0%
1 Month8.16%
3 Month29.35%
6 Month63.91%
12 Month70.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.45
ATR(20)%2.36%
ATR Inc
Range Today0.57
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.2
10 Day Low17.31
20 Day High18.2
20 Day Low16.29
52 Week High18.2
52 Week Low9.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume661.22K
Volume Incr-44.68%
Vol(5)609.76K
Vol(50)897.90K