NYSE:VLO - New York Stock Exchange, Inc. - US91913Y1001 - Common Stock - Currency: USD
Taking everything into account, VLO scores 6 out of 10 in our technical rating. In the last year, VLO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, VLO does present a nice setup opportunity. 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 resistance zone just above the current price starting at 134.83. Right above this resistance zone may be a good entry point.
121.22
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for VLO is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLO is up. |
ChartMill Relative Strength | 25.92 | NEGATIVE | VLO has a low relative strength, it was outperformed by 74.08% 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) | DOWN | NEGATIVE | The current price of VLO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.08 | NEUTRAL | The RSI value for VLO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests VLO has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 60.88 | NEUTRAL | The Stochastics value for VLO is a neutral value. |
Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for VLO suggests some volalility. |
Average Directional Index/ADX (14) | 21.88 | NEUTRAL | The ADX value for VLO suggests a possible start of a new 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 |
---|---|---|---|
132.27 | 127.78 | 4.49 (3.40%) | 25.00% |
An entry @132.27. This is a Buy Stop order right above the 10 day moving average. | An exit @127.78. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.49 points, which is 3.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
128.55
-0.17 (-0.13%)