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 85% of all other stocks.
- VMD is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 82% of 100 stocks in the same industry.
- 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 8.26 - 10.06 range, which is quite wide. It is currently trading near the high of this range.
VMD Weekly and Daily overview Charts
VMD Setup Rating and Analysis
VMD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
VMD Support and Resistance Analysis
6.68
When analyzing the support we can see 4 important areas.
- Support @9.00 from a trend line in the daily time frame.
- A support zone ranging from 8.52 to 8.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.03 from a trend line in the weekly time frame.
- Support @6.75 from a trend line in the daily 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 | 85.52 | POSITIVE | VMD has a high relative strength, it outperformed 85.52% 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) | 60.54 | NEUTRAL | The RSI value for VMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.49 | NEUTRAL | The Stochastics value for VMD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for VMD suggests some volalility. |
| Average Directional Index/ADX (14) | 17.38 | 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
9.63
+0.04 (+0.42%)
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.
What is the RSI signal for VMD stock?
VIEMED HEALTHCARE INC (VMD) has an RSI value of 60.5421. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VIEMED HEALTHCARE INC?
The short term momentum for VIEMED HEALTHCARE INC (VMD) is positive.
Can you provide the buy/sell signal for VIEMED HEALTHCARE INC?
The buy/sell signal for VIEMED HEALTHCARE INC (VMD) is buy as both the short term and long term trends are positive.