VELO3D INC (VLD) Stock Technical Analysis
NYSE:VLD - New York Stock Exchange, Inc. - US92259N2036 - Common Stock - Currency: USD
Taking everything into account, VLD scores 0 out of 10 in our technical rating. VLD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VLD is a bad performer in the overall market: 100% of all stocks are doing better.
VLD is part of the Machinery industry. There are 127 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 only medium at the moment. Prices have been consolidating lately.
More info and screens
1.27
2.36
2 important resistance areas can be observed.
- 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. |
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)
NYSE:VLD (9/10/2024, 8:04:16 PM)
1.28
-0.07 (-5.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-5.19%
1 Week-0.78%
2 Weeks5.79%
1 Month-43.86%
3 Month-61.9%
6 Month-91.36%
12 Month-97.67%
2 Year-99.07%
3 Year-99.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%11.45%
ATR Inc46.75%
Range Today0.12
ADR(20)0.15
ADR(20)%11.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.83
Mansfield-9.34
10 Day High1.43
10 Day Low1.17
20 Day High2.32
20 Day Low1.17
52 Week High58.1
52 Week Low1.17
CS1 EndN/A
CR1 Start1.4
Volume & EV
DER(3)-8.67%
DER(5)-7.38%
Volume134.20K
Volume Incr-37.72%
Vol(5)124.46K
Vol(50)153.95K