VERALTO CORP (VLTO) Stock Technical Analysis
NYSE:VLTO - US92338C1036 - Common Stock
105.71 USD
-0.89 (-0.83%)
105.71 USD
0 (0%)
We assign a technical rating of 4 out of 10 to VLTO. In the last year, VLTO was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
63% of all other stocks performed better in the past year than VLTO.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
VLTO 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 VLTO is lagging the market slightly.
VLTO has an average volume of 1143900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VLTO is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, VLTO did better than 48% of them.
In the last month VLTO has a been trading in a tight range between 104.00 and 110.11.
Although the technical rating is only medium, VLTO does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 104.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VLTO 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
95.76
109.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 104.28 to 104.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @101.23 from a horizontal line in the daily time frame.
- A support zone ranging from 96.73 to 96.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 106.61 to 108.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for VLTO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLTO is neutral. |
| ChartMill Relative Strength | 37.81 | NEUTRAL | VLTO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VLTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VLTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.52 | NEUTRAL | The RSI value for VLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests VLTO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.35 | NEUTRAL | The Stochastics value for VLTO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for VLTO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.71 | NEUTRAL | The ADX value for VLTO suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
105.71
-0.89 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.83%
1 Week-0.74%
2 Weeks-2.54%
1 Month-1.7%
3 Month5.43%
6 Month5.58%
12 Month-2.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.45
ATR(20)%1.43%
ATR Inc13.61%
Range Today1.56
ADR(20)1.47
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.81
Mansfield-0.55
10 Day High110.11
10 Day Low104
20 Day High110.11
20 Day Low104
52 Week High115
52 Week Low83.87
CS1 End104.93
CR1 Start106.61
Volume & EV
DER(3)3.24%
DER(5)2.8%
Volume965.10K
Volume Incr-3.96%
Vol(5)937.60K
Vol(50)1.14M