VALERO ENERGY CORP (VLO)
US91913Y1001 - Common Stock
We assign a technical rating of 9 out of 10 to VLO. In the last year, VLO was one of the better performers, but we do observe some doubts in the very recent evolution.
VLO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that VLO is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, VLO also shows a nice and consistent pattern of rising prices.
VLO is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. VLO outperforms 85% of them.
VLO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VLO is performing more or less in line with the market.
VLO has an average volume of 3237610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although VLO has an excellent technical rating, the quality of the presented setup is not ideal 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
116.18
167.16
We found 6 important support areas.
- A support zone ranging from 162.48 to 165.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @152.13 from a trend line in the daily time frame.
- Support @136.56 from a trend line in the weekly time frame.
- Support @134.03 from a horizontal line in the daily time frame.
- Support @123.56 from a horizontal line in the daily time frame.
- Support @117.35 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.85
Mansfield1.41
10 Day High178.39
10 Day Low160.99
20 Day High184.79
20 Day Low160.99
52 Week High184.79
52 Week Low104.18
Performance
1 Week-0.17%
2 Weeks-4.95%
1 Month-0.15%
3 Month21.09%
6 Month35.16%
12 Month45.64%
2 Year49.8%
3 Year125.8%
5 Year84.2%
10 Year192.11%
15 Year741.73%
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)
Technical Indicators
MACD(12,26,9)-2.03
RSI(14)49.46
LBB159.1
UBB183.84
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 |
|---|---|---|---|
| 168.44 | 162.47 | 5.97 (3.55%) | 25.00% |
| An entry @168.44. This is a Buy Stop order right above the 10 day moving average. | An exit @162.47. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.97 points, which is 3.55%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
VALERO ENERGY CORP
NYSE:VLO (4/25/2024, 9:09:09 AM)
165.5
-1.5 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.9%
1 Week-0.17%
2 Weeks-4.95%
1 Month-0.15%
3 Month21.09%
6 Month35.16%
12 Month45.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.37
ATR(20)%2.7%
ATR Inc
Range Today1.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High178.39
10 Day Low160.99
20 Day High184.79
20 Day Low160.99
52 Week High184.79
52 Week Low104.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume537.34K
Volume Incr-20.55%
Vol(5)2.40M
Vol(50)3.24M