VELOX ENERGY MATERIALS INC (VLX.CA) Stock Technical Analysis
TSX-V:VLX • CA92261D2014
Overall VLX gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. VLX was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, VLX is a bad performer in the overall market: 90% of all stocks are doing better.
- VLX is part of the Metals & Mining industry. There are 802 other stocks in this industry, of which 88% are performing better than VLX.
- VLX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month VLX has a been trading in the 0.03 - 0.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VLX has a poor technical rating and the quality of the setup is also only medium 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
0.03
We found 1 important support area.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for VLX.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLX.CA is up. |
| ChartMill Relative Strength | 10.35 | NEGATIVE | VLX.CA has a low relative strength, it was outperformed by 89.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VLX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VLX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.43 | NEUTRAL | The RSI value for VLX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VLX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.67 | NEUTRAL | The Stochastics value for VLX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.43 | HIGH VOLATILITY | The high ATR as a percentage value for VLX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.23 | NEUTRAL | The ADX value for VLX.CA suggests a possible start of a new trend. |
TSX-V:VLX (2/24/2026, 7:00:00 PM)
0.035
0 (0%)
VELOX ENERGY MATERIALS INC / VLX.CA FAQ
Can you provide the ChartMill technical rating for VELOX ENERGY MATERIALS INC?
ChartMill assigns a technical rating of 3 / 10 to VLX.CA.
What is the trend direction for VLX stock?
The current trend direction for VELOX ENERGY MATERIALS INC (VLX.CA) is Bearish.
What is the RSI signal for VELOX ENERGY MATERIALS INC (VLX.CA) stock?
VELOX ENERGY MATERIALS INC (VLX.CA) has an RSI value of 51.4343. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VELOX ENERGY MATERIALS INC?
The MACD indicator for VELOX ENERGY MATERIALS INC (VLX.CA) has a value of 0.000383379, indicating a bearish trend.
What are the support and resistance levels for VELOX ENERGY MATERIALS INC (VLX.CA) stock?
VELOX ENERGY MATERIALS INC (VLX.CA) has a support level at 0.03 and a resistance level at 0.04. Check the full technical report for our detailed analysis of VLX.CA support and resistance levels.