VLTO Technical Analysis - VERALTO CORP

Technical Rating and Analysis

Taking everything into account, VLTO scores 3 out of 10 in our technical rating. 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.

69% of all other stocks performed better in the past year than VLTO.

In the last month VLTO has a been trading in the 103.32 - 109.86 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

VLTO has an average volume of 1242170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

VLTO is an average performer in the Commercial Services & Supplies industry, it outperforms 55% of 84 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.

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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. Prices have been consolidating lately. There is a support zone below the current price at 104.62, 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

100.22

114.74

When analyzing the support we can see 2 important areas.

A support zone ranging from 104.05 to 104.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @101.23 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 105.15 to 106.25. 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	UP	POSITIVE	The long term trend for VLTO is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for VLTO is down.
ChartMill Relative Strength	31.24	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	MIXED	The current price of VLTO is below 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)	41.85	NEUTRAL	The RSI value for VLTO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.33	NEGATIVE	The MACD value suggests VLTO has a negative trend.
Stochastics (14,3)	16.94	OVERSOLD	The low Stochastics value suggests VLTO may be oversold.
Average True Range in percent/ATR (20)	1.64	LOW VOLATILITY	The low ATR as a percentage value for VLTO suggests low volalility.
Average Directional Index/ADX (14)	14.69	NEGATIVE	The low ADX value for VLTO suggests a weak or negative trend.