VELODYNE LIDAR INC (VLDR) Stock Technical Analysis
NASDAQ:VLDR - Nasdaq - US92259F1012 - Common Stock - Currency: USD
Overall VLDR gets a technical rating of 6 out of 10. In the last year, VLDR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, VLDR is a bad performer in the overall market: 86% of all stocks are doing better.
VLDR is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 77% are performing better than VLDR.
VLDR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VLDR is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
VLDR has an average volume of 2450440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VLDR has a been trading in the 0.91 - 1.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VLDR has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.23
1.70
We found 1 important support area.
- A support zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.47 from a trend line in the daily time frame.
- Resistance @1.68 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 | NEUTRAL | NEUTRAL | The long term trend for VLDR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLDR is up. |
| ChartMill Relative Strength | 14.16 | NEGATIVE | VLDR has a low relative strength, it was outperformed by 85.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VLDR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VLDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VLDR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.63 | NEUTRAL | The RSI value for VLDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VLDR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.21 | NEUTRAL | The Stochastics value for VLDR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for VLDR suggests high volalility. |
| Average Directional Index/ADX (14) | 30.62 | POSITIVE | The high ADX value value for VLDR 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)
1.26
+0.01 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.8%
1 Week-15.44%
2 Weeks11.5%
1 Month29.92%
3 Month24.75%
6 Month-34.37%
12 Month-68.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.02%
ATR Inc44.37%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.16
Mansfield-1.29
10 Day High1.58
10 Day Low1.05
20 Day High1.58
20 Day Low0.91
52 Week High4.44
52 Week Low0.71
CS1 End1.25
CR1 Start1.27
Volume & EV
DER(3)-8.65%
DER(5)-5.74%
Volume1.88M
Volume Incr7.84%
Vol(5)2.49M
Vol(50)2.45M