VALERO ENERGY CORP (VLO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VLO - US91913Y1001 - Common Stock
Overall VLO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VLO is showing a nice and steady performance.
VLO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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.
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151.96
3 important support areas can be observed.
- A support zone ranging from 168.70 to 170.01. 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.
- Support @153.49 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @181.77 from a horizontal line in the weekly time frame.
- Resistance @185.44 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for VLO is neutral. |
| ChartMill Relative Strength | 87.66 | POSITIVE | VLO has a high relative strength, it outperformed 87.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VLO is below 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) | 50.57 | NEUTRAL | The RSI value for VLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests VLO has a negative trend. |
| Stochastics (14,3) | 47.72 | NEUTRAL | The Stochastics value for VLO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for VLO suggests some volalility. |
| Average Directional Index/ADX (14) | 21.3 | 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 |
|---|---|---|---|
| 181.78 | 168.69 | 13.09 (7.20%) | 13.89% |
| An entry @181.78. This is a Buy Stop order right above the resistance zone. | An exit @168.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 13.09 points, which is 7.20%. | When investing 13.89% 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.
173.45
+2.63 (+1.54%)
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 50.5677. 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 -0.664666, indicating a bearish trend.
What is the support and resistance level for VLO stock?
VALERO ENERGY CORP (VLO) has a support level at 170.01 and a resistance level at 181.77. Check the full technical report for our detailed analysis of VLO support and resistance levels.