VERALTO CORP (VLTO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VLTO - US92338C1036 - Common Stock
Overall VLTO gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. VLTO was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, VLTO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 102.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 101.31, a Stop Loss order could be placed below this zone.
More info and screens
87.93
We found 2 important support areas.
- A support zone ranging from 96.73 to 101.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.82 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 102.21 to 104.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 107.03 to 109.75. 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 | NEUTRAL | NEUTRAL | The long term trend for VLTO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLTO is up. |
| ChartMill Relative Strength | 33.45 | 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) | UP | POSITIVE | The current price of VLTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.11 | NEUTRAL | The RSI value for VLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests VLTO has a positive trend. |
| Stochastics (14,3) | 85.11 | OVERBOUGHT | The high Stochastics value suggests VLTO may be overbought. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for VLTO suggests low volalility. |
| Average Directional Index/ADX (14) | 15.43 | NEGATIVE | The low ADX value for VLTO suggests a weak or negative trend. |
101.9
-0.83 (-0.81%)
VERALTO CORP / VLTO FAQ
Can you provide the ChartMill technical rating for VERALTO CORP?
ChartMill assigns a technical rating of 4 / 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 55.1087. 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 positive.
What are the support and resistance levels for VERALTO CORP (VLTO) stock?
VERALTO CORP (VLTO) has a support level at 101.31 and a resistance level at 102.21. Check the full technical report for our detailed analysis of VLTO support and resistance levels.