VALERO ENERGY CORP (VLO) Stock Technical Analysis
NYSE:VLO - New York Stock Exchange, Inc. - US91913Y1001 - Common Stock - Currency: USD
Taking everything into account, VLO scores 7 out of 10 in our technical rating. VLO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
VLO has an average volume of 3082910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, VLO turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
VLO is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, VLO did better than 65% of them.
VLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VLO is lagging the market.
In the last month VLO has a been trading in the 125.10 - 142.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, VLO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 129.63, a Stop Loss order could be placed below this zone.
More info and screens
125.26
145.47
We found 1 important support area.
- A support zone ranging from 126.53 to 130.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 141.11 to 144.03. 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 | 50.31 | NEUTRAL | VLO is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of VLO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.92 | NEUTRAL | The RSI value for VLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests VLO has a negative trend. |
| Stochastics (14,3) | 47.06 | NEUTRAL | The Stochastics value for VLO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for VLO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for VLO suggests a possible start of a new 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 |
|---|---|---|---|
| 137.45 | 133.26 | 4.19 (3.05%) | 25.00% |
| An entry @137.45. This is a Buy Stop order right above the resistance zone. | An exit @133.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.19 points, which is 3.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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.
134.42
-0.27 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.2%
1 Week-1.93%
2 Weeks0.23%
1 Month4.23%
3 Month28.4%
6 Month8.18%
12 Month-12.02%
2 Year14.6%
3 Year26.48%
5 Year128.53%
10 Year114.73%
15 Year647.61%
Volatility
ATR(14)3.6
ATR(20)%2.82%
ATR Inc-21.9%
Range Today1.94
ADR(20)3.63
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.31
Mansfield-0.61
10 Day High142.93
10 Day Low133.27
20 Day High142.93
20 Day Low125.1
52 Week High167.78
52 Week Low99
CS1 End129.63
CR1 Start135.95
Volume & EV
DER(3)0.37%
DER(5)0.64%
Volume2.41M
Volume Incr22.57%
Vol(5)3.70M
Vol(50)3.08M