TSX:VLB - Toronto Stock Exchange - CA92211H1047 - ETF - Currency: CAD
Taking everything into account, VLB scores 0 out of 10 in our technical rating. VLB'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.
Although the technical rating is bad, VLB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.51, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
19.74
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 VLB.CA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VLB.CA is down. |
ChartMill Relative Strength | 21.77 | NEGATIVE | VLB.CA has a low relative strength, it was outperformed by 78.23% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLB.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLB.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLB.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.15 | NEUTRAL | The RSI value for VLB.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VLB.CA has a negative trend. |
Stochastics (14,3) | 30.42 | NEUTRAL | The Stochastics value for VLB.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for VLB.CA suggests low volalility. |
Average Directional Index/ADX (14) | 11.36 | NEGATIVE | The low ADX value for VLB.CA suggests a weak or negative trend. |
TSX:VLB (7/4/2025, 7:00:00 PM)
20.58
+0.07 (+0.34%)