VIMEO INC (VMEO) Stock Technical Analysis
NASDAQ:VMEO - Nasdaq - US92719V1008 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to VMEO. VMEO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VMEO is a bad performer in the overall market: 78% of all stocks are doing better.
VMEO is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 69% are performing better than VMEO.
VMEO 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.
VMEO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VMEO has an average volume of 1538460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, VMEO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VMEO 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
3.84
4.30
When analyzing the support we notice one important area.
- A support zone ranging from 3.88 to 3.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.00 to 4.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.13 from a horizontal line in the daily time frame.
- Resistance @4.26 from a trend line 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 | DOWN | NEGATIVE | The long term trend for VMEO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VMEO is down. |
| ChartMill Relative Strength | 22.78 | NEGATIVE | VMEO has a low relative strength, it was outperformed by 77.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VMEO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VMEO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VMEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.35 | NEUTRAL | The RSI value for VMEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VMEO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.31 | NEUTRAL | The Stochastics value for VMEO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for VMEO suggests some volalility. |
| Average Directional Index/ADX (14) | 37.61 | POSITIVE | The high ADX value value for VMEO suggests a strong 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)
3.99
+0.02 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg0.5%
1 Week1.01%
2 Weeks-0.5%
1 Month-7.42%
3 Month-16.35%
6 Month-36.26%
12 Month10.83%
2 Year-3.16%
3 Year-28.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%3.02%
ATR Inc-4.17%
Range Today0.09
ADR(20)0.12
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.78
Mansfield-3.04
10 Day High4.12
10 Day Low3.9
20 Day High4.35
20 Day Low3.85
52 Week High7.9
52 Week Low3.45
CS1 End3.92
CR1 Start4
Volume & EV
DER(3)17.14%
DER(5)12.18%
Volume1.10M
Volume Incr19.37%
Vol(5)2.10M
Vol(50)1.54M