We assign a technical rating of 8 out of 10 to VNDA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VNDA is only an average performer.
Although VNDA 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.
4.06
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 VNDA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VNDA is up. |
| ChartMill Relative Strength | 79.81 | POSITIVE | VNDA has a high relative strength, it outperformed 79.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VNDA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VNDA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VNDA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.39 | NEUTRAL | The RSI value for VNDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests VNDA has a positive trend. |
| Stochastics (14,3) | 77.42 | NEUTRAL | The Stochastics value for VNDA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for VNDA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.22 | POSITIVE | The high ADX value value for VNDA suggests a strong trend. |
5.39
+0.19 (+3.65%)
ChartMill assigns a technical rating of 8 / 10 to VNDA.
The current trend direction for VANDA PHARMACEUTICALS INC (VNDA) is Bullish.
VANDA PHARMACEUTICALS INC (VNDA) has an RSI value of 59.3914. This indicates that the stock is currently neutral.
The MACD indicator for VANDA PHARMACEUTICALS INC (VNDA) has a value of 0.0628502, indicating a bearish trend.
VANDA PHARMACEUTICALS INC (VNDA) has a support level at 4.92 and a resistance level at 5.46. Check the full technical report for our detailed analysis of VNDA support and resistance levels.