VOLCON INC (VLCN) Stock Technical Analysis
NASDAQ:VLCN - US92864V5093 - Common Stock
10.57 USD
-1.67 (-13.64%)
10.5 USD
-0.07 (-0.66%)
We assign a technical rating of 4 out of 10 to VLCN. Recently some decent action could be observed, but in the medium term time frame this is still negative. VLCN was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than VLCN.
VLCN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month VLCN has a been trading in the 6.50 - 44.09 range, which is quite wide. It is currently trading near the lows of this range.
VLCN is part of the Automobiles industry. There are 37 other stocks in this industry, VLCN did better than 47% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, VLCN does present a nice setup opportunity. 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
20.65
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. |
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)
10.57
-1.67 (-13.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-13.64%
1 Week-25.56%
2 Weeks14.59%
1 Month55.78%
3 Month67.04%
6 Month-60.56%
12 Month-91.66%
2 Year-100%
3 Year-100%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.38
ATR(20)%30.5%
ATR Inc-63.01%
Range Today1.97
ADR(20)2.52
ADR(20)%23.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.64
Mansfield-6.99
10 Day High44.09
10 Day Low10.26
20 Day High44.09
20 Day Low6.5
52 Week High135.04
52 Week Low4.4
CS1 EndN/A
CR1 Start19.52
Volume & EV
DER(3)3.25%
DER(5)1.48%
Volume431.00K
Volume Incr-74.57%
Vol(5)431.34K
Vol(50)854.23K