We assign a technical rating of 7 out of 10 to VMD. Although VMD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
VMD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for VMD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.30
3 important support areas can be observed.
- A support zone ranging from 7.37 to 7.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.82 to 7.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.36 to 6.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.45 to 7.55. 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 VMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VMD is up. |
| ChartMill Relative Strength | 39.19 | NEUTRAL | VMD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VMD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.08 | NEUTRAL | The RSI value for VMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.24 | NEUTRAL | The Stochastics value for VMD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for VMD suggests some volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for VMD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.44 | 7.18 | 0.26 (3.49%) | 25.00% |
| An entry @7.44. This is a Buy Stop order right above the resistance zone. | An exit @7.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.26 points, which is 3.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- The distance between exit and entry is rather small compared to the average daily movement of VMD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.44
+0.14 (+1.92%)
VIEMED HEALTHCARE INC / VMD FAQ
What is the ChartMill technical rating of VIEMED HEALTHCARE INC (VMD) stock?
ChartMill assigns a technical rating of 7 / 10 to VMD.
What is the trend direction for VMD stock?
The current trend direction for VIEMED HEALTHCARE INC (VMD) is Bullish.
Can you provide the RSI signal for VIEMED HEALTHCARE INC?
VIEMED HEALTHCARE INC (VMD) has an RSI value of 63.0827. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VIEMED HEALTHCARE INC?
The MACD indicator for VIEMED HEALTHCARE INC (VMD) has a value of -0.000126409, indicating a bearish trend.
What is the buy/sell signal for VIEMED HEALTHCARE INC (VMD) stock?
The buy/sell signal for VIEMED HEALTHCARE INC (VMD) is buy as both the short term and long term trends are positive.