VELO3D INC (VLD) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:VLD • US92259N2036
Taking everything into account, VLD scores 0 out of 10 in our technical rating. VLD'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than VLD.
- VLD is part of the Machinery industry. There are 132 other stocks in this industry, of which 94% are performing better than VLD.
- VLD 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 VLD has a been trading in the 1.17 - 2.32 range, which is quite wide. It is currently trading near the lows of this range.
VLD has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
1.27
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.40 to 1.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.34 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 VLD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VLD is down. |
| ChartMill Relative Strength | 0.83 | NEGATIVE | VLD has a low relative strength, it was outperformed by 99.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.16 | NEUTRAL | The RSI value for VLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests VLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.85 | NEUTRAL | The Stochastics value for VLD is a neutral value. |
| Average True Range in percent/ATR (20) | 11.45 | HIGH VOLATILITY | The high ATR as a percentage value for VLD suggests high volalility. |
| Average Directional Index/ADX (14) | 39.3 | POSITIVE | The high ADX value value for VLD suggests a strong trend. |
NYSE:VLD (9/10/2024, 8:04:16 PM)
1.28
-0.07 (-5.19%)
VELO3D INC / VLD FAQ
What is the ChartMill technical rating of VELO3D INC (VLD) stock?
ChartMill assigns a technical rating of 0 / 10 to VLD.
Can you provide the trend direction for VELO3D INC?
The current trend direction for VELO3D INC (VLD) is Bearish.
Can you provide the RSI signal for VELO3D INC?
VELO3D INC (VLD) has an RSI value of 32.1611. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for VELO3D INC?
The buy/sell signal for VELO3D INC (VLD) is sell as both the short term and long term trends are negative.
What is the support and resistance level for VLD stock?
VELO3D INC (VLD) has a resistance level at 1.4. Check the full technical report for our detailed analysis of VLD support and resistance levels.