VALMONT INDUSTRIES (VMI)

US9202531011 - Common Stock

260.33  +0.33 (+0.13%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to VMI. Although VMI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month VMI has a been trading in the 202.01 - 263.16 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, VMI turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
VMI is part of the Construction & Engineering industry. There are 43 other stocks in this industry, VMI did better than 40% of them.
VMI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VMI is lagging the market.
Weekly and Daily overview Charts
VMI Weekly chart
VMI Daily chart
Setup Rating and Analysis

5

Although VMI has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

203.00

262.93

We found 3 important support areas.

  • A support zone ranging from 259.71 to 260.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 211.03 to 212.44. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 205.05 to 206.20. This zone is formed by a combination of multiple trend lines in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.7
Mansfield-0.5
10 Day High263.16
10 Day Low225
20 Day High263.16
20 Day Low202.01
52 Week High303.57
52 Week Low188.63
Performance
1 Week2.65%
2 Weeks25.18%
1 Month23.12%
3 Month14.21%
6 Month21.88%
12 Month-8.68%
2 Year1.27%
3 Year4.84%
5 Year129.87%
10 Year67.8%
15 Year278.95%
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)
Technical Indicators
MACD(12,26,9)3.67
RSI(14)78.13
LBB197.96
UBB282.81
VMI Daily chart

VALMONT INDUSTRIES

NYSE:VMI (5/16/2024, 12:30:07 PM)

260.33

+0.33 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.13%
1 Week2.65%
2 Weeks25.18%
1 Month23.12%
3 Month14.21%
6 Month21.88%
12 Month-8.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.54
ATR(20)%2.47%
ATR Inc
Range Today3.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High263.16
10 Day Low225
20 Day High263.16
20 Day Low202.01
52 Week High303.57
52 Week Low188.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume57.24K
Volume Incr4.88%
Vol(5)226.80K
Vol(50)186.44K