VERALTO CORP (VLTO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VLTO - US92338C1036 - Common Stock
We assign a technical rating of 2 out of 10 to VLTO. 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.
Although the technical rating is bad, VLTO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 101.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 100.48, a Stop Loss order could be placed below this zone.
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87.93
2 important support areas can be observed.
- A support zone ranging from 96.73 to 100.48. 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 101.31 to 102.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 103.75 to 104.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 107.14 to 109.15. 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.
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 | NEUTRAL | NEUTRAL | The short term trend for VLTO is neutral. |
| ChartMill Relative Strength | 29.19 | NEGATIVE | VLTO has a low relative strength, it was outperformed by 70.81% off all stocks 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) | DOWN | MIXED | The current price of VLTO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VLTO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.72 | NEUTRAL | The RSI value for VLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests VLTO has a positive trend. |
| Stochastics (14,3) | 49.51 | NEUTRAL | The Stochastics value for VLTO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for VLTO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.79 | NEGATIVE | The low ADX value for VLTO suggests a weak or negative trend. |
100.59
-0.18 (-0.18%)
VERALTO CORP / VLTO FAQ
Can you provide the ChartMill technical rating for VERALTO CORP?
ChartMill assigns a technical rating of 2 / 10 to VLTO.
What is the trend direction for VLTO stock?
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 51.718. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VERALTO CORP?
The MACD indicator for VERALTO CORP (VLTO) has a value of 0.107027, indicating a bearish trend.