Overall VMD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VMD is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- VMD is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So VMD is doing quite good in this market.
- In the last month VMD has a been trading in the 7.11 - 8.02 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, VMD did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- VMD is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, VMD did better than 69% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although VMD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.47
We found 4 important support areas.
- A support zone ranging from 7.20 to 7.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.90 from a horizontal line in the daily time frame.
- Support @6.78 from a trend line in the weekly time frame.
- A support zone ranging from 6.54 to 6.58. This zone is formed by a combination of multiple trend lines in the daily 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 | 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 | 72.78 | POSITIVE | VMD has a high relative strength, it outperformed 72.78% 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) | 70.69 | OVERBOUGHT | The high RSI value suggests VMD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests VMD has a positive trend. |
| Stochastics (14,3) | 87.75 | OVERBOUGHT | The high Stochastics value suggests VMD may be overbought. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for VMD suggests some volalility. |
| Average Directional Index/ADX (14) | 30.34 | POSITIVE | The high ADX value value for VMD suggests a strong trend. |
8
+0.33 (+4.3%)
VIEMED HEALTHCARE INC / VMD FAQ
What is the ChartMill technical rating of VIEMED HEALTHCARE INC (VMD) stock?
ChartMill assigns a technical rating of 8 / 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 70.689. This indicates that the stock is currently overbought.
What is the MACD signal for VIEMED HEALTHCARE INC (VMD) stock?
The MACD indicator for VIEMED HEALTHCARE INC (VMD) has a value of 0.0387747, 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 7.5. Check the full technical report for our detailed analysis of VMD support and resistance levels.