VANDA PHARMACEUTICALS INC (VNDA) Stock Technical Analysis
NASDAQ:VNDA - Nasdaq - US9216591084 - Common Stock - Currency: USD
Taking everything into account, VNDA scores 6 out of 10 in our technical rating. VNDA 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.
83% of all other stocks performed better in the past year than VNDA.
VNDA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VNDA is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
VNDA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
VNDA is an average performer in the Biotechnology industry, it outperforms 56% of 557 stocks in the same industry.
Although the technical rating is only medium, VNDA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
3.87
5.24
When analyzing the support we notice one important area.
- A support zone ranging from 3.91 to 3.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.57 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.80 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.99 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 5.14 to 5.19. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for VNDA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VNDA is up. |
| ChartMill Relative Strength | 17.39 | NEGATIVE | VNDA has a low relative strength, it was outperformed by 82.61% 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) | DOWN | NEGATIVE | The current price of VNDA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.25 | NEUTRAL | The RSI value for VNDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VNDA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.21 | NEUTRAL | The Stochastics value for VNDA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for VNDA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for VNDA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 4.62 | 4.40 | 0.22 (4.87%) | 20.53% |
| An entry @4.62. This is a Buy Stop order right above the resistance zone. | An exit @4.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.22 points, which is 4.87%. | When investing 20.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
4.51
-0.02 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.44%
1 Week-2.59%
2 Weeks2.73%
1 Month4.4%
3 Month-5.45%
6 Month-5.65%
12 Month-26.31%
2 Year-31.56%
3 Year-58.62%
5 Year-60.58%
10 Year-64.46%
15 Year-31.77%
Volatility
ATR(14)0.15
ATR(20)%3.07%
ATR Inc-12.9%
Range Today0.11
ADR(20)0.14
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.39
Mansfield-0.96
10 Day High4.8
10 Day Low4.41
20 Day High4.8
20 Day Low4.17
52 Week High6.37
52 Week Low3.81
CS1 End3.99
CR1 Start4.57
Volume & EV
DER(3)-1.78%
DER(5)-4.2%
Volume323.80K
Volume Incr-5.99%
Vol(5)398.90K
Vol(50)495.44K