VALERO ENERGY CORP (VLO) Stock Technical Analysis
NYSE:VLO • US91913Y1001
Overall VLO gets a technical rating of 10 out of 10. 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!
- Looking at the yearly performance, VLO did better than 87% of all other 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 206 other stocks in this industry. VLO outperforms 75% of them.
- 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 176.50 - 206.77 range, which is quite wide. It is currently trading near the high of this range.
- VLO has an average volume of 3247770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VLO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 204.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 200.18, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
173.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 195.16 to 200.18. 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 178.39 to 181.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @175.01 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 204.65 to 204.65. 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 | 87.68 | POSITIVE | VLO has a high relative strength, it outperformed 87.68% 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) | 63.6 | NEUTRAL | The RSI value for VLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests VLO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.82 | NEUTRAL | The Stochastics value for VLO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for VLO suggests some volalility. |
| Average Directional Index/ADX (14) | 40.12 | POSITIVE | The high ADX value value for VLO suggests a strong 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 |
|---|---|---|---|
| 204.66 | 195.15 | 9.51 (4.65%) | 21.52% |
| An entry @204.66. This is a Buy Stop order right above the resistance zone. | An exit @195.15. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.51 points, which is 4.65%. | When investing 21.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
204.64
+0.85 (+0.42%)
VALERO ENERGY CORP / VLO FAQ
Can you provide the ChartMill technical rating for VALERO ENERGY CORP?
ChartMill assigns a technical rating of 10 / 10 to VLO.
Can you provide the trend direction for VALERO ENERGY CORP?
The current trend direction for VALERO ENERGY CORP (VLO) is Bullish.
What is the RSI signal for VLO stock?
VALERO ENERGY CORP (VLO) has an RSI value of 63.6024. This indicates that the stock is currently neutral.
What is the buy/sell signal for VALERO ENERGY CORP (VLO) stock?
The buy/sell signal for VALERO ENERGY CORP (VLO) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for VALERO ENERGY CORP?
VALERO ENERGY CORP (VLO) has a support level at 200.18 and a resistance level at 204.65. Check the full technical report for our detailed analysis of VLO support and resistance levels.