VALERO ENERGY CORP (VLO) Technical Analysis
NYSE:VLO • US91913Y1001
Current stock price
VLO Technical Rating and Analysis
Overall VLO gets a technical rating of 9 out of 10. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that VLO is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by VLO over the past year are nicely spread over this period.
- VLO is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. VLO outperforms 83% of them.
- VLO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VLO is lagging the market slightly.
- VLO has an average volume of 3808620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month VLO has a been trading in the 214.71 - 258.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VLO Weekly and Daily overview Charts
VLO Setup Rating and Analysis
Besides having an excellent technical rating, VLO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 226.28, a Stop Loss order could be placed below this zone.
More info and screens
VLO Support and Resistance Analysis
184.73
We found 3 important support areas.
- A support zone ranging from 221.90 to 226.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @190.94 from a trend line in the weekly time frame.
- Support @186.60 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 254.33 to 254.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
VLO 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 | UP | POSITIVE | The long term trend for VLO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLO is neutral. |
| ChartMill Relative Strength | 92.53 | POSITIVE | VLO has a high relative strength, it outperformed 92.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VLO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.12 | NEUTRAL | The RSI value for VLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.43 | NEGATIVE | The MACD value suggests VLO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.66 | NEUTRAL | The Stochastics value for VLO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for VLO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for VLO suggests a strong trend. |
VLO Chart- and CandleStick Pattern Analysis
VLO Example Setup
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 |
|---|---|---|---|
| 234.61 | 221.89 | 12.72 (5.42%) | 18.44% |
| An entry @234.61. This is a Buy Stop order right above the 10 day moving average. | An exit @221.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 12.72 points, which is 5.42%. | When investing 18.44% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of VLO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VLO Technicals: Chart, Performance Metrics, Trend & Indicators
234.36
+0.97 (+0.42%)
VALERO ENERGY CORP / VLO TA FAQ
Can you provide the ChartMill technical rating for VALERO ENERGY CORP?
ChartMill assigns a technical rating of 9 / 10 to VLO.
What is the current trend direction of VALERO ENERGY CORP (VLO) stock?
The current trend direction for VALERO ENERGY CORP (VLO) is Bullish.
What is the RSI signal for VALERO ENERGY CORP (VLO) stock?
VALERO ENERGY CORP (VLO) has an RSI value of 50.1249. This indicates that the stock is currently neutral.
What is the MACD signal for VLO stock?
The MACD indicator for VALERO ENERGY CORP (VLO) has a value of -2.42606, indicating a bearish trend.
Can you provide the short term momentum for VALERO ENERGY CORP?
The short term momentum for VALERO ENERGY CORP (VLO) is neutral.