VOLCON INC (VLCN) Stock Technical Analysis
USA - NASDAQ:VLCN - US92864V5093 - Common Stock
Taking everything into account, VLCN scores 4 out of 10 in our technical rating. In the past year, VLCN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
VLCN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for VLCN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.46
2 important resistance areas can be observed.
- Resistance @19.52 from a trend line in the daily time frame.
- Resistance @20.45 from a trend 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 VLCN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLCN is neutral. |
| ChartMill Relative Strength | 15.64 | NEGATIVE | VLCN has a low relative strength, it was outperformed by 84.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VLCN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VLCN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLCN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.57 | NEUTRAL | The RSI value for VLCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests VLCN has a negative trend. |
| Stochastics (14,3) | 12.3 | OVERSOLD | The low Stochastics value suggests VLCN may be oversold. |
| Average True Range in percent/ATR (20) | 30.5 | HIGH VOLATILITY | The high ATR as a percentage value for VLCN suggests high volalility. |
| Average Directional Index/ADX (14) | 50.09 | POSITIVE | The high ADX value value for VLCN suggests a strong trend. |
10.57
-1.67 (-13.64%)
VOLCON INC / VLCN FAQ
What is the technical rating for VLCN stock?
ChartMill assigns a technical rating of 4 / 10 to VLCN.
What is the trend direction for VLCN stock?
The current trend direction for VOLCON INC (VLCN) is Bearish.
What is the RSI signal for VOLCON INC (VLCN) stock?
VOLCON INC (VLCN) has an RSI value of 49.5692. This indicates that the stock is currently neutral.
What is the short term momentum for VLCN stock?
The short term momentum for VOLCON INC (VLCN) is neutral.
Can you provide the support and resistance levels for VOLCON INC?
VOLCON INC (VLCN) has a resistance level at 19.52. Check the full technical report for our detailed analysis of VLCN support and resistance levels.