VERSAMET ROYALTIES CORP (VMET) Technical Analysis
NASDAQ:VMET • CA92528V2003
Current stock price
VMET Technical Rating and Analysis
Overall VMET gets a technical rating of 4 out of 10. VMET has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, VMET is a bad performer in the overall market: 100% of all stocks are doing better.
- VMET is one of the lesser performing stocks in the Metals & Mining industry. 86% of 163 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month VMET has a been trading in the 9.10 - 13.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VMET Weekly and Daily overview Charts
VMET Setup Rating and Analysis
VMET has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
VMET Support and Resistance Analysis
10.91
2 important support areas can be observed.
- A support zone ranging from 11.97 to 12.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.02 from a horizontal line in the daily time frame.
VMET 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 VMET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VMET is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | VMET has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VMET is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 55.18 | NEUTRAL | The RSI value for VMET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests VMET has a negative trend. |
| Stochastics (14,3) | 50.32 | NEUTRAL | The Stochastics value for VMET is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for VMET suggests high volalility. |
| Average Directional Index/ADX (14) | 28.35 | POSITIVE | The high ADX value value for VMET suggests a strong trend. |
VMET Chart- and CandleStick Pattern Analysis
VMET Technicals: Chart, Performance Metrics, Trend & Indicators
12.12
-0.47 (-3.73%)
VERSAMET ROYALTIES CORP / VMET TA FAQ
What is the ChartMill technical rating of VERSAMET ROYALTIES CORP (VMET) stock?
ChartMill assigns a technical rating of 4 / 10 to VMET.
Can you provide the trend direction for VERSAMET ROYALTIES CORP?
The current trend direction for VERSAMET ROYALTIES CORP (VMET) is Bullish.
What is the RSI signal for VMET stock?
VERSAMET ROYALTIES CORP (VMET) has an RSI value of 55.1752. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VERSAMET ROYALTIES CORP?
The MACD indicator for VERSAMET ROYALTIES CORP (VMET) has a value of -0.216009, indicating a bearish trend.
What are the support and resistance levels for VERSAMET ROYALTIES CORP (VMET) stock?
VERSAMET ROYALTIES CORP (VMET) has a support level at 12.11. Check the full technical report for our detailed analysis of VMET support and resistance levels.