VALERO ENERGY CORP (VLO) Stock Technical Analysis
USA - NYSE:VLO - US91913Y1001 - Common Stock
Overall VLO gets a technical rating of 9 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.
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
154.82
We found 3 important support areas.
- A support zone ranging from 171.65 to 172.04. 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 164.34 to 166.96. 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 156.38 to 157.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 175.63 to 176.02. 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 | 88.49 | POSITIVE | VLO has a high relative strength, it outperformed 88.49% 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) | 62.54 | NEUTRAL | The RSI value for VLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests VLO has a positive trend. |
| Stochastics (14,3) | 80.32 | OVERBOUGHT | The high Stochastics value suggests VLO may be overbought. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for VLO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.78 | NEUTRAL | The ADX value for VLO suggests a possible start of a new trend. |
175.62
-0.39 (-0.22%)
VALERO ENERGY CORP / VLO FAQ
Can you provide the ChartMill technical rating for VALERO ENERGY CORP?
ChartMill assigns a technical rating of 9 / 10 to VLO.
What is the trend direction for VLO stock?
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 62.5369. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VALERO ENERGY CORP?
The MACD indicator for VALERO ENERGY CORP (VLO) has a value of 0.60918, indicating a bearish trend.
What is the support and resistance level for VLO stock?
VALERO ENERGY CORP (VLO) has a support level at 172.04 and a resistance level at 175.63. Check the full technical report for our detailed analysis of VLO support and resistance levels.