CONTROLADORA VUELA CIA-ADR (VLRS) Technical Analysis
NYSE:VLRS • US21240E1055
Current stock price
VLRS Technical Rating and Analysis
Taking everything into account, VLRS scores 1 out of 10 in our technical rating. VLRS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the performance of all stocks over the past year, VLRS turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- VLRS is an average performer in the Passenger Airlines industry, it outperforms 61% of 22 stocks in the same industry.
- VLRS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VLRS is lagging the market slightly.
- In the last month VLRS has a been trading in the 6.49 - 7.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VLRS Weekly and Daily overview Charts
VLRS Setup Rating and Analysis
VLRS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VLRS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
VLRS Support and Resistance Analysis
6.81
When analyzing the support we notice one important area.
- A support zone ranging from 6.88 to 6.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.97 to 7.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.60 from a horizontal line in the daily time frame.
VLRS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for VLRS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VLRS is down. |
| ChartMill Relative Strength | 57.12 | NEUTRAL | VLRS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VLRS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.3 | NEUTRAL | The RSI value for VLRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests VLRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.48 | NEUTRAL | The Stochastics value for VLRS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for VLRS suggests high volalility. |
| Average Directional Index/ADX (14) | 32.47 | POSITIVE | The high ADX value value for VLRS suggests a strong trend. |
VLRS Chart- and CandleStick Pattern Analysis
VLRS Technicals: Chart, Performance Metrics, Trend & Indicators
6.96
-0.36 (-4.92%)
CONTROLADORA VUELA CIA-ADR / VLRS TA FAQ
Can you provide the ChartMill technical rating for CONTROLADORA VUELA CIA-ADR?
ChartMill assigns a technical rating of 1 / 10 to VLRS.
Can you provide the trend direction for CONTROLADORA VUELA CIA-ADR?
The current trend direction for CONTROLADORA VUELA CIA-ADR (VLRS) is Bearish.
What is the RSI signal for CONTROLADORA VUELA CIA-ADR (VLRS) stock?
CONTROLADORA VUELA CIA-ADR (VLRS) has an RSI value of 39.2996. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CONTROLADORA VUELA CIA-ADR?
The buy/sell signal for CONTROLADORA VUELA CIA-ADR (VLRS) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for CONTROLADORA VUELA CIA-ADR (VLRS) stock?
CONTROLADORA VUELA CIA-ADR (VLRS) has a support level at 6.88 and a resistance level at 6.97. Check the full technical report for our detailed analysis of VLRS support and resistance levels.