Volta Inc (VLTA) Technical Analysis
NYSE:VLTA • US92873V1026
Current stock price
VLTA Technical Rating and Analysis
Taking everything into account, VLTA scores 5 out of 10 in our technical rating. In the past year, VLTA was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- VLTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- VLTA is one of the better performing stocks in the Specialty Retail industry, it outperforms 96% of 123 stocks in the same industry.
- VLTA has an average volume of 2489970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Looking at the yearly performance, VLTA did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month VLTA has a been trading in a tight range between 0.82 and 0.86.
- Volume is considerably higher in the last couple of days.
VLTA Weekly and Daily overview Charts
VLTA Setup Rating and Analysis
VLTA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.85, a Stop Loss order could be placed below this zone.
More info and screens
VLTA Support and Resistance Analysis
0.82
When analyzing the support we notice one important area.
- A support zone ranging from 0.83 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
VLTA 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 VLTA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLTA is up. |
| ChartMill Relative Strength | 96.09 | POSITIVE | VLTA has a high relative strength, it outperformed 96.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VLTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VLTA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.89 | NEUTRAL | The RSI value for VLTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VLTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.65 | OVERBOUGHT | The high Stochastics value suggests VLTA may be overbought. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for VLTA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.93 | NEGATIVE | The low ADX value for VLTA suggests a weak or negative trend. |
VLTA Chart- and CandleStick Pattern Analysis
VLTA Technicals: Chart, Performance Metrics, Trend & Indicators
0.859
0 (-0.01%)
Volta Inc / VLTA TA FAQ
What is the ChartMill technical rating of Volta Inc (VLTA) stock?
ChartMill assigns a technical rating of 4 / 10 to VLTA.
Can you provide the trend direction for Volta Inc?
The current trend direction for Volta Inc (VLTA) is Bearish.
What is the RSI signal for VLTA stock?
Volta Inc (VLTA) has an RSI value of 60.888. This indicates that the stock is currently neutral.
What is the MACD signal for VLTA stock?
The MACD indicator for Volta Inc (VLTA) has a value of -0.00219858, indicating a bearish trend.
What is the short term momentum for Volta Inc (VLTA) stock?
The short term momentum for Volta Inc (VLTA) is positive.