VERALTO CORP (VLTO) Technical Analysis
NYSE:VLTO • US92338C1036
We assign a technical rating of 1 out of 10 to VLTO. VLTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 76% of all other stocks performed better in the past year than VLTO.
- VLTO has an average volume of 1875040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VLTO is an average performer in the Commercial Services & Supplies industry, it outperforms 44% of 81 stocks in the same industry.
- VLTO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VLTO is lagging the market.
- In the last month VLTO has a been trading in the 88.82 - 98.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VLTO 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 resistance zone just above the current price starting at 97.10. Right above this resistance zone may be a good entry point.
More info and screens
87.93
When analyzing the support we notice one important area.
- A support zone ranging from 88.82 to 88.82. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 97.10 to 97.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 100.16 to 101.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 103.18 to 109.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @112.43 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for VLTO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLTO is neutral. |
| ChartMill Relative Strength | 24.93 | NEGATIVE | VLTO has a low relative strength, it was outperformed by 75.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VLTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLTO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.09 | NEUTRAL | The RSI value for VLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests VLTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.73 | NEUTRAL | The Stochastics value for VLTO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for VLTO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for VLTO suggests a weak or negative trend. |
VLTO Technicals: Chart, Performance Metrics, Trend & Indicators
95.19
+0.49 (+0.52%)
VERALTO CORP / VLTO FAQ
Can you provide the ChartMill technical rating for VERALTO CORP?
ChartMill assigns a technical rating of 1 / 10 to VLTO.
Can you provide the trend direction for VERALTO CORP?
The current trend direction for VERALTO CORP (VLTO) is Bearish.
What is the RSI signal for VLTO stock?
VERALTO CORP (VLTO) has an RSI value of 48.0921. This indicates that the stock is currently neutral.
What is the short term momentum for VERALTO CORP (VLTO) stock?
The short term momentum for VERALTO CORP (VLTO) is neutral.
What are the support and resistance levels for VERALTO CORP (VLTO) stock?
VERALTO CORP (VLTO) has a support level at 88.82 and a resistance level at 97.1. Check the full technical report for our detailed analysis of VLTO support and resistance levels.