VERALTO CORP (VLTO) Stock Technical Analysis
NYSE:VLTO - New York Stock Exchange, Inc. - US92338C1036 - Common Stock - Currency: USD
Taking everything into account, VLTO scores 8 out of 10 in our technical rating. Although VLTO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
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.
In the last month VLTO has a been trading in the 99.57 - 108.51 range, which is quite wide. It is currently trading near the high of this range.
VLTO has an average volume of 1239380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, VLTO turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
VLTO is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, VLTO did better than 61% of them.
Although VLTO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
95.76
108.78
3 important support areas can be observed.
- A support zone ranging from 104.14 to 105.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 101.59 to 102.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
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 | UP | POSITIVE | The short term trend for VLTO is up. |
| ChartMill Relative Strength | 54.1 | NEUTRAL | VLTO is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of VLTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VLTO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.68 | NEUTRAL | The RSI value for VLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests VLTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.68 | OVERBOUGHT | The high Stochastics value suggests VLTO may be overbought. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for VLTO suggests low volalility. |
| Average Directional Index/ADX (14) | 27.47 | POSITIVE | The high ADX value value for VLTO suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 108.52 | 104.13 | 4.39 (4.05%) | 24.72% |
| An entry @108.52. This is a Buy Stop order right above the 10 day high. | An exit @104.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.39 points, which is 4.05%. | When investing 24.72% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
107.7
+0.16 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.15%
1 Week2.82%
2 Weeks4.28%
1 Month5.66%
3 Month10.96%
6 Month9%
12 Month1.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.89
ATR(20)%1.7%
ATR Inc-42.23%
Range Today0.76
ADR(20)1.83
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.1
Mansfield-0.36
10 Day High108.51
10 Day Low101.79
20 Day High108.51
20 Day Low99.57
52 Week High115
52 Week Low83.87
CS1 End105.97
CR1 StartN/A
Volume & EV
DER(3)1.56%
DER(5)1.92%
Volume523.00K
Volume Incr-27.43%
Vol(5)962.72K
Vol(50)1.24M