Overall VLDR gets a technical rating of 6 out of 10. 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.
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
When analyzing the support we notice one important 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. |
1.26
+0.01 (+0.8%)
VELODYNE LIDAR INC / VLDR FAQ
Can you provide the ChartMill technical rating for VELODYNE LIDAR INC?
ChartMill assigns a technical rating of 6 / 10 to VLDR.
Can you provide the trend direction for VELODYNE LIDAR INC?
The current trend direction for VELODYNE LIDAR INC (VLDR) is Bearish.
Can you provide the RSI signal for VELODYNE LIDAR INC?
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 are the support and resistance levels for VELODYNE LIDAR INC (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.