VULCAN MATERIALS CO (VMC) Technical Analysis
NYSE:VMC • US9291601097
We assign a technical rating of 1 out of 10 to VMC. VMC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month VMC has a been trading in the 273.87 - 331.09 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- VMC has an average volume of 1082610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, VMC outperforms 67% of them, which is more or less in line with the market.
- VMC is part of the Construction Materials industry. There are 13 other stocks in this industry, VMC did better than 66% of them.
- VMC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VMC is lagging the market slightly.
The technical rating of VMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
272.23
When analyzing the support we notice one important area.
- A support zone ranging from 274.98 to 274.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @295.64 from a horizontal line in the daily time frame.
- A resistance zone ranging from 301.36 to 310.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 VMC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VMC is down. |
| ChartMill Relative Strength | 67.23 | NEUTRAL | VMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VMC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.58 | NEUTRAL | The RSI value for VMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.97 | NEGATIVE | The MACD value suggests VMC has a negative trend. |
| Stochastics (14,3) | 8.11 | OVERSOLD | The low Stochastics value suggests VMC may be oversold. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for VMC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.29 | NEGATIVE | The low ADX value for VMC suggests a weak or negative trend. |
VMC Technicals: Chart, Performance Metrics, Trend & Indicators
274.99
-12.24 (-4.26%)
VULCAN MATERIALS CO / VMC FAQ
What is the technical rating for VMC stock?
ChartMill assigns a technical rating of 1 / 10 to VMC.
What is the trend direction for VMC stock?
The current trend direction for VULCAN MATERIALS CO (VMC) is Bearish.
What is the RSI signal for VULCAN MATERIALS CO (VMC) stock?
VULCAN MATERIALS CO (VMC) has an RSI value of 31.5758. 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 -3.97351, indicating a bearish trend.
What is the short term momentum for VULCAN MATERIALS CO (VMC) stock?
The short term momentum for VULCAN MATERIALS CO (VMC) is negative.