VELOX ENERGY MATERIALS INC (VLX.CA) Technical Analysis
TSX-V:VLX • CA92261D2014
Current stock price
VLX.CA Technical Rating and Analysis
Taking everything into account, VLX scores 7 out of 10 in our technical rating. VLX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- VLX is one of the lesser performing stocks in the Metals & Mining industry. 65% of 801 stocks in the same industry do better.
- 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the performance of all stocks over the past year, VLX turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- In the last month VLX has a been trading in the 0.04 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VLX.CA Weekly and Daily overview Charts
VLX.CA Setup Rating and Analysis
Although VLX has an excellent technical rating, it does not offer a high quality setup 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
VLX.CA Support and Resistance Analysis
0.03
We found 2 important support areas.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
VLX.CA 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 | NEUTRAL | NEUTRAL | The long term trend for VLX.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VLX.CA is up. |
| ChartMill Relative Strength | 46.76 | NEUTRAL | VLX.CA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of VLX.CA is above the rising 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) | 67.26 | 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. |
| Stochastics (14,3) | 38.1 | NEUTRAL | The Stochastics value for VLX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for VLX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.86 | POSITIVE | The high ADX value value for VLX.CA suggests a strong trend. |
VLX.CA Chart- and CandleStick Pattern Analysis
VLX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:VLX (4/20/2026, 7:00:00 PM)
0.055
+0.01 (+22.22%)
VELOX ENERGY MATERIALS INC / VLX.CA TA FAQ
Can you provide the ChartMill technical rating for VELOX ENERGY MATERIALS INC?
ChartMill assigns a technical rating of 7 / 10 to VLX.CA.
Can you provide the trend direction for VELOX ENERGY MATERIALS INC?
The current trend direction for VELOX ENERGY MATERIALS INC (VLX.CA) is Bearish.
Can you provide the RSI signal for VELOX ENERGY MATERIALS INC?
VELOX ENERGY MATERIALS INC (VLX.CA) has an RSI value of 67.262. This indicates that the stock is currently neutral.
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 0.04. Check the full technical report for our detailed analysis of VLX.CA support and resistance levels.