VALERO ENERGY CORP (VLO) Stock Technical Analysis
USA - NYSE:VLO - US91913Y1001 - Common Stock
162.62 USD
-1.23 (-0.75%)
162.75 USD
+0.13 (+0.08%)
We assign a technical rating of 9 out of 10 to VLO. Both in the recent history as in the last year, VLO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that VLO is one of the better performing stocks in the market, outperforming 75% of all stocks.
VLO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 86% of 210 stocks in the same industry.
VLO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month VLO has a been trading in the 140.13 - 165.65 range, which is quite wide. It is currently trading near the high of this range.
VLO has an average volume of 2776770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, VLO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 162.63. Right above this resistance zone may be a good entry point.
More info and screens
133.08
165.50
When analyzing the support we can see 4 important areas.
- A support zone ranging from 160.24 to 162.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 155.88 to 156.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @139.76 from a trend line in the daily time frame.
- Support @134.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 162.63 to 163.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for VLO is up. |
| ChartMill Relative Strength | 75.77 | POSITIVE | VLO has a high relative strength, it outperformed 75.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VLO is above the rising 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) | 70.68 | OVERBOUGHT | The high RSI value suggests VLO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests VLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.04 | OVERBOUGHT | The high Stochastics value suggests VLO may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for VLO suggests some volalility. |
| Average Directional Index/ADX (14) | 39.8 | POSITIVE | The high ADX value value for VLO suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 163.87 | 160.23 | 3.64 (2.22%) | 25.00% |
| An entry @163.87. This is a Buy Stop order right above the resistance zone. | An exit @160.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.64 points, which is 2.22%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- 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.
162.62
-1.23 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.75%
1 Week3.76%
2 Weeks3.73%
1 Month15.92%
3 Month15.25%
6 Month23.66%
12 Month20.94%
2 Year14.76%
3 Year52.19%
5 Year275.39%
10 Year170.58%
15 Year828.73%
Volatility
ATR(14)4.29
ATR(20)%2.51%
ATR Inc-19.72%
Range Today2.63
ADR(20)4.02
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.77
Mansfield0.9
10 Day High165.65
10 Day Low153.6
20 Day High165.65
20 Day Low140.13
52 Week High165.65
52 Week Low99
CS1 End162.14
CR1 Start162.63
Volume & EV
DER(3)-1.23%
DER(5)-0.61%
Volume8.12M
Volume Incr49.7%
Vol(5)3.70M
Vol(50)2.78M