NASDAQ:VLGEA - Nasdaq - US9271074091 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to VLGEA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
VLGEA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.22. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for VLGEA in the last couple of days, which is a good sign.
28.22
When analyzing the support we can see 5 important areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for VLGEA is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLGEA is neutral. |
ChartMill Relative Strength | 88.61 | POSITIVE | VLGEA has a high relative strength, it outperformed 88.61% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLGEA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VLGEA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VLGEA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 48.22 | NEUTRAL | The RSI value for VLGEA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests VLGEA has a negative trend. |
Stochastics (14,3) | 34.19 | NEUTRAL | The Stochastics value for VLGEA is a neutral value. |
Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for VLGEA suggests some volalility. |
Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for VLGEA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
38.01 | 35.66 | 2.35 (6.18%) | 16.17% |
An entry @38.01. This is a Buy Stop order right above the 10 day high. | An exit @35.66. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.35 points, which is 6.18%. | When investing 16.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
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-0.22 (-0.59%)