VIEMED HEALTHCARE INC (VMD) Technical Analysis
NASDAQ:VMD • CA92663R1055
Current stock price
VMD Technical Rating and Analysis
Taking everything into account, VMD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VMD is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, VMD did better than 86% of all other stocks.
- VMD is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry. VMD outperforms 81% of them.
- VMD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VMD is performing more or less in line with the market.
- In the last month VMD has a been trading in the 7.69 - 10.06 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
VMD Weekly and Daily overview Charts
VMD Setup Rating and Analysis
Besides having an excellent technical rating, VMD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
VMD Support and Resistance Analysis
6.51
When analyzing the support we can see 5 important areas.
- Support @8.91 from a trend line in the daily time frame.
- A support zone ranging from 8.70 to 8.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.03 from a trend line in the weekly time frame.
- Support @6.73 from a trend line in the daily time frame.
- Support @6.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @9.36 from a horizontal line in the weekly time frame.
VMD 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 | 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 | 86.21 | POSITIVE | VMD has a high relative strength, it outperformed 86.21% off all stocks 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) | UP | POSITIVE | The current price of VMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.92 | NEUTRAL | The RSI value for VMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests VMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.37 | NEUTRAL | The Stochastics value for VMD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for VMD suggests high volalility. |
| Average Directional Index/ADX (14) | 19.11 | NEGATIVE | The low ADX value for VMD suggests a weak or negative trend. |
VMD Chart- and CandleStick Pattern Analysis
VMD Technicals: Chart, Performance Metrics, Trend & Indicators
9.35
+0.1 (+1.08%)
VIEMED HEALTHCARE INC / VMD TA FAQ
What is the ChartMill technical rating of VIEMED HEALTHCARE INC (VMD) stock?
ChartMill assigns a technical rating of 10 / 10 to VMD.
Can you provide the trend direction for VIEMED HEALTHCARE INC?
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 56.9225. This indicates that the stock is currently neutral.
What is the MACD signal for VIEMED HEALTHCARE INC (VMD) stock?
The MACD indicator for VIEMED HEALTHCARE INC (VMD) has a value of -0.0401489, indicating a bearish trend.
Can you provide the support and resistance levels for VIEMED HEALTHCARE INC?
VIEMED HEALTHCARE INC (VMD) has a support level at 8.91 and a resistance level at 9.36. Check the full technical report for our detailed analysis of VMD support and resistance levels.