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 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VLO is only an average performer.
The long and short term trends are both positive. This is looking good!
VLO is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. VLO outperforms 77% of them.
VLO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VLO is lagging the market slightly.
In the last month VLO has a been trading in the 133.27 - 155.12 range, which is quite wide. It is currently trading near the high of this range.
VLO has an average volume of 3150230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that VLO is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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
125.26
156.37
When analyzing the support we can see 3 important areas.
- Support @139.88 from a trend line in the daily time frame.
- A support zone ranging from 134.09 to 134.65. 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 126.53 to 128.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 153.06 to 154.82. 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 | 74.74 | POSITIVE | VLO has a high relative strength, it outperformed 74.74% 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) | 63.29 | NEUTRAL | The RSI value for VLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.69 | POSITIVE | The MACD value suggests VLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.68 | NEUTRAL | The Stochastics value for VLO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for VLO suggests some volalility. |
| Average Directional Index/ADX (14) | 35.41 | 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)
148.8
-0.07 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.05%
1 Week0.09%
2 Weeks10.7%
1 Month10.95%
3 Month35.2%
6 Month5.49%
12 Month0.32%
2 Year15.43%
3 Year34.33%
5 Year164.63%
10 Year126.83%
15 Year775.81%
Volatility
ATR(14)3.85
ATR(20)%2.65%
ATR Inc-10.07%
Range Today2.62
ADR(20)3.84
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.74
Mansfield0.35
10 Day High155.12
10 Day Low134.25
20 Day High155.12
20 Day Low133.27
52 Week High167.78
52 Week Low99
CS1 End139.33
CR1 Start153.06
Volume & EV
DER(3)-1.01%
DER(5)-1.13%
Volume2.54M
Volume Incr-12.99%
Vol(5)3.06M
Vol(50)3.15M