NYSE:VLRS - New York Stock Exchange, Inc. - US21240E1055 - ADR - Currency: USD
Overall VLRS gets a technical rating of 8 out of 10. In the last year, VLRS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although VLRS has an excellent technical rating, it does not offer a high quality setup 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.
4.34
We found 2 important support areas.
We found 1 important resistance area.
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 VLRS is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLRS is up. |
ChartMill Relative Strength | 84.14 | POSITIVE | VLRS has a high relative strength, it outperformed 84.14% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VLRS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VLRS is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLRS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 66.12 | NEUTRAL | The RSI value for VLRS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VLRS has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.43 | OVERBOUGHT | The high Stochastics value suggests VLRS may be overbought. |
Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for VLRS suggests some volalility. |
Average Directional Index/ADX (14) | 24.48 | NEUTRAL | The ADX value for VLRS suggests a possible start of a new trend. |
5.72
-0.17 (-2.89%)