VIEMED HEALTHCARE INC (VMD) Stock Technical Analysis
USA - NASDAQ:VMD - CA92663R1055 - Common Stock
6.82 USD
-0.05 (-0.73%)
6.9999 USD
+0.18 (+2.64%)
Taking everything into account, VMD scores 4 out of 10 in our technical rating. In the last year, VMD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, VMD is a bad performer in the overall market: 80% of all stocks are doing better.
VMD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month VMD has a been trading in the 6.51 - 7.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
VMD is an average performer in the Health Care Providers & Services industry, it outperforms 43% of 101 stocks in the same industry.
VMD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.72
8.30
When analyzing the support we notice one important area.
- A support zone ranging from 6.79 to 6.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.83 to 6.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.12 to 7.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.37 to 7.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.22 from a trend line in the weekly time frame.
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 VMD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VMD is neutral. |
| ChartMill Relative Strength | 20.71 | NEGATIVE | VMD has a low relative strength, it was outperformed by 79.29% 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 | MIXED | The current price of VMD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.74 | NEUTRAL | The RSI value for VMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for VMD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for VMD suggests some volalility. |
| Average Directional Index/ADX (14) | 8.97 | NEGATIVE | The low ADX value for VMD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.82
-0.05 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.73%
1 Week-1.59%
2 Weeks1.64%
1 Month0.59%
3 Month1.19%
6 Month3.18%
12 Month-22.23%
2 Year8.08%
3 Year4.12%
5 Year-14.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%2.73%
ATR Inc-17.5%
Range Today0.19
ADR(20)0.18
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.71
Mansfield-1.62
10 Day High7.04
10 Day Low6.57
20 Day High7.04
20 Day Low6.51
52 Week High9.81
52 Week Low5.93
CS1 End6.79
CR1 Start6.83
Volume & EV
DER(3)2.72%
DER(5)2.37%
Volume259.00K
Volume Incr7.46%
Vol(5)191.02K
Vol(50)244.50K