INVESCO HIGH INCOME TRUST II (VLT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:VLT • US46131F1012
We assign a technical rating of 1 out of 10 to VLT. VLT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, VLT is a bad performer in the overall market: 67% of all stocks are doing better.
- Warning: VLT has an average volume of 18560 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- VLT 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 VLT is lagging the market slightly.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month VLT has a been trading in a tight range between 11.01 and 11.31.
VLT 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 11.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VLT 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
10.56
2 important support areas can be observed.
- A support zone ranging from 10.90 to 11.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.67 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.07 to 11.58. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for VLT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLT is neutral. |
| ChartMill Relative Strength | 33 | NEUTRAL | VLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.28 | NEUTRAL | The RSI value for VLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VLT has a negative trend. |
| Stochastics (14,3) | 12.73 | OVERSOLD | The low Stochastics value suggests VLT may be oversold. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for VLT suggests low volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for VLT suggests a weak or negative trend. |
11.04
-0.01 (-0.09%)
INVESCO HIGH INCOME TRUST II / VLT FAQ
What is the technical rating for VLT stock?
ChartMill assigns a technical rating of 1 / 10 to VLT.
What is the trend direction for VLT stock?
The current trend direction for INVESCO HIGH INCOME TRUST II (VLT) is Bearish.
What is the RSI signal for VLT stock?
INVESCO HIGH INCOME TRUST II (VLT) has an RSI value of 37.2844. This indicates that the stock is currently neutral.
What is the short term momentum for VLT stock?
The short term momentum for INVESCO HIGH INCOME TRUST II (VLT) is neutral.