VULCAN MATERIALS CO (VMC) Technical Analysis
NYSE:VMC • US9291601097
Current stock price
VMC Technical Rating and Analysis
Taking everything into account, VMC scores 5 out of 10 in our technical rating. In the last year, VMC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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.
- 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 1395670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, VMC outperforms 55% of them, which is more or less in line with the market.
- VMC is an average performer in the Construction Materials industry, it outperforms 58% 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VMC Weekly and Daily overview Charts
VMC Setup Rating and Analysis
VMC has an average technical rating and it also 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
VMC Support and Resistance Analysis
253.38
When analyzing the support we can see 3 important areas.
- Support @295.64 from a horizontal line in the daily time frame.
- A support zone ranging from 286.69 to 290.52. 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.
We found 1 important resistance area.
- 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 | 55.03 | 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) | 64.14 | NEUTRAL | The RSI value for VMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.33 | POSITIVE | The MACD value suggests VMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.08 | OVERBOUGHT | The high Stochastics value suggests VMC may be overbought. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for VMC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.5 | 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
296.86
-0.29 (-0.1%)
VULCAN MATERIALS CO / VMC TA FAQ
What is the technical rating for VMC stock?
ChartMill assigns a technical rating of 5 / 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 64.1409. 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 4.32557, 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 295.64 and a resistance level at 327.66. Check the full technical report for our detailed analysis of VMC support and resistance levels.