VELODYNE LIDAR INC (VLDR) Technical Analysis
NASDAQ:VLDR • US92259F1012
Current stock price
VLDR Technical Rating and Analysis
Taking everything into account, VLDR scores 6 out of 10 in our technical rating. VLDR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 86% of all other stocks performed better in the past year than VLDR.
- VLDR is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 78% of 124 stocks in the same industry do better.
- 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 Weekly and Daily overview Charts
VLDR Setup Rating and Analysis
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
VLDR Support and Resistance Analysis
1.23
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.
When analyzing the resistance we notice 3 important 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.
VLDR Technical Indicator Signal Analysis
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. |
VLDR Chart- and CandleStick Pattern Analysis
VLDR Technicals: Chart, Performance Metrics, Trend & Indicators
1.26
+0.01 (+0.8%)
VELODYNE LIDAR INC / VLDR TA FAQ
Can you provide the ChartMill technical rating for VELODYNE LIDAR INC?
ChartMill assigns a technical rating of 6 / 10 to VLDR.
What is the trend direction for VLDR stock?
The current trend direction for VELODYNE LIDAR INC (VLDR) is Bearish.
What is the RSI signal for VLDR stock?
VELODYNE LIDAR INC (VLDR) has an RSI value of 57.6282. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VELODYNE LIDAR INC?
The MACD indicator for VELODYNE LIDAR INC (VLDR) has a value of 0.0101817, indicating a bearish trend.
What is the support and resistance level for VLDR stock?
VELODYNE LIDAR INC (VLDR) has a support level at 1.25 and a resistance level at 1.27. Check the full technical report for our detailed analysis of VLDR support and resistance levels.