VIMEO INC (VMEO) Stock Technical Analysis
USA - NASDAQ:VMEO - US92719V1008 - Common Stock
Overall VMEO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, VMEO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, VMEO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.79, a Stop Loss order could be placed below this zone.
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3.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.71 to 7.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.84 to 7.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 VMEO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VMEO is up. |
| ChartMill Relative Strength | 94.06 | POSITIVE | VMEO has a high relative strength, it outperformed 94.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VMEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VMEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VMEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.67 | OVERBOUGHT | The high RSI value suggests VMEO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests VMEO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.15 | NEUTRAL | The Stochastics value for VMEO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for VMEO suggests low volalility. |
| Average Directional Index/ADX (14) | 67.76 | POSITIVE | The high ADX value value for VMEO suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.85 | 7.75 | 0.10 (1.27%) | 25.00% |
| An entry @7.85. This is a Buy Stop order right above the resistance zone. | An exit @7.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 1.27%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.83
+0.03 (+0.38%)
VIMEO INC / VMEO FAQ
What is the technical rating for VMEO stock?
ChartMill assigns a technical rating of 9 / 10 to VMEO.
Can you provide the trend direction for VIMEO INC?
The current trend direction for VIMEO INC (VMEO) is Bullish.
Can you provide the RSI signal for VIMEO INC?
VIMEO INC (VMEO) has an RSI value of 76.6716. This indicates that the stock is currently overbought.
What is the MACD signal for VIMEO INC (VMEO) stock?
The MACD indicator for VIMEO INC (VMEO) has a value of -0.0497133, indicating a bearish trend.
What is the support and resistance level for VMEO stock?
VIMEO INC (VMEO) has a support level at 7.79 and a resistance level at 7.84. Check the full technical report for our detailed analysis of VMEO support and resistance levels.