VULCAN MATERIALS CO (VMC) Technical Analysis
NYSE:VMC • US9291601097
Current stock price
VMC Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to VMC. In the past year, VMC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month VMC has a been trading in the 252.35 - 299.49 range, which is quite wide. It is currently trading near the high of this range.
- VMC has an average volume of 1391640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, VMC turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- VMC is an average performer in the Construction Materials industry, it outperforms 50% of 13 stocks in the same industry.
- VMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VMC is lagging the market.
- Considerably lower volume is observed in the last couple of days.
VMC Weekly and Daily overview Charts
VMC Setup Rating and Analysis
VMC has an average technical rating and the quality of the presented setup is also not ideal 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
VMC Support and Resistance Analysis
253.38
We found 2 important support areas.
- A support zone ranging from 287.67 to 290.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 255.94 to 261.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @295.64 from a horizontal line in the daily time frame.
- A resistance zone ranging from 327.66 to 330.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
VMC 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 VMC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VMC is up. |
| ChartMill Relative Strength | 50.88 | NEUTRAL | VMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VMC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.65 | NEUTRAL | The RSI value for VMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.6 | POSITIVE | The MACD value suggests VMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.25 | OVERBOUGHT | The high Stochastics value suggests VMC may be overbought. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for VMC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for VMC suggests a possible start of a new trend. |
VMC Chart- and CandleStick Pattern Analysis
VMC Technicals: Chart, Performance Metrics, Trend & Indicators
291.25
-5.61 (-1.89%)
VULCAN MATERIALS CO / VMC TA FAQ
What is the technical rating for VMC stock?
ChartMill assigns a technical rating of 4 / 10 to VMC.
Can you provide the trend direction for VULCAN MATERIALS CO?
The current trend direction for VULCAN MATERIALS CO (VMC) is Bearish.
Can you provide the RSI signal for VULCAN MATERIALS CO?
VULCAN MATERIALS CO (VMC) has an RSI value of 57.6459. This indicates that the stock is currently neutral.
What is the MACD signal for VMC stock?
The MACD indicator for VULCAN MATERIALS CO (VMC) has a value of 3.60221, indicating a bullish trend.
What are the support and resistance levels for VULCAN MATERIALS CO (VMC) stock?
VULCAN MATERIALS CO (VMC) has a support level at 290.23 and a resistance level at 295.64. Check the full technical report for our detailed analysis of VMC support and resistance levels.