VULCAN MATERIALS CO (VMC) Stock Technical Analysis
NYSE:VMC • US9291601097
Overall VMC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VMC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, VMC did better than 78% of all other stocks.
- VMC is part of the Construction Materials industry. There are 13 other stocks in this industry. VMC outperforms 83% of them.
- VMC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month VMC has a been trading in the 294.99 - 331.09 range, which is quite wide. It is currently trading near the high of this range.
Although VMC has an excellent technical rating, it does not present a decent entry opportunity 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
277.27
When analyzing the support we can see 4 important areas.
- A support zone ranging from 301.18 to 309.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 295.19 to 295.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong support @286.28 from a horizontal line in the daily time frame.
- A support zone ranging from 280.07 to 280.57. 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 | UP | POSITIVE | The long term trend for VMC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VMC is up. |
| ChartMill Relative Strength | 78.34 | POSITIVE | VMC has a high relative strength, it outperformed 78.34% off all stocks 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) | UP | POSITIVE | The current price of VMC is above the rising 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) | 65.83 | NEUTRAL | The RSI value for VMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.79 | POSITIVE | The MACD value suggests VMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.54 | NEUTRAL | The Stochastics value for VMC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for VMC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for VMC suggests a possible start of a new trend. |
327.65
+5.73 (+1.78%)
VULCAN MATERIALS CO / VMC FAQ
What is the technical rating for VMC stock?
ChartMill assigns a technical rating of 9 / 10 to VMC.
What is the trend direction for VMC stock?
The current trend direction for VULCAN MATERIALS CO (VMC) is Bullish.
What is the RSI signal for VULCAN MATERIALS CO (VMC) stock?
VULCAN MATERIALS CO (VMC) has an RSI value of 65.831. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VULCAN MATERIALS CO?
The MACD indicator for VULCAN MATERIALS CO (VMC) has a value of 1.78573, indicating a bullish trend.
What is the short term momentum for VULCAN MATERIALS CO (VMC) stock?
The short term momentum for VULCAN MATERIALS CO (VMC) is positive.