VLTO Technical Analysis - VERALTO CORP

Technical Rating and Analysis

Taking everything into account, VLTO scores 0 out of 10 in our technical rating. 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.

73% of all other stocks performed better in the past year than VLTO.

VLTO has an average volume of 1211740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

VLTO is an average performer in the Commercial Services & Supplies industry, it outperforms 54% of 82 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 99.89 - 107.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

VLTO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 101.94, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

87.93

114.74

We found 2 important support areas.

A support zone ranging from 100.10 to 101.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @88.82 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 102.97 to 106.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 108.19 to 109.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 112.43 to 113.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for VLTO is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for VLTO is down.
ChartMill Relative Strength	27.33	NEGATIVE	VLTO has a low relative strength, it was outperformed by 72.67% off all stocks 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)	DOWN	NEGATIVE	The current price of VLTO is below a declining 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)	40.93	NEUTRAL	The RSI value for VLTO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.28	NEGATIVE	The MACD value suggests VLTO has a negative trend, although the MACD value is rising.
Stochastics (14,3)	28.59	NEUTRAL	The Stochastics value for VLTO is a neutral value.
Average True Range in percent/ATR (20)	1.83	LOW VOLATILITY	The low ATR as a percentage value for VLTO suggests low volalility.
Average Directional Index/ADX (14)	24.7	NEUTRAL	The ADX value for VLTO suggests a possible start of a new trend.