VANDA PHARMACEUTICALS INC (VNDA) Stock Technical Analysis
NASDAQ:VNDA • US9216591084
Overall VNDA gets a technical rating of 7 out of 10. In the last year, VNDA was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month VNDA has a been trading in the 6.00 - 8.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that VNDA is one of the better performing stocks in the market, outperforming 87% of all stocks.
- VNDA is part of the Biotechnology industry. There are 521 other stocks in this industry. VNDA outperforms 73% of them.
- VNDA has an average volume of 1965620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- VNDA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VNDA is lagging the market.
Although VNDA has an excellent technical rating, it does not present a decent entry opportunity 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.
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4.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.08 to 6.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.57 to 4.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @7.74 from a trend line in the daily time frame.
- Resistance @8.10 from a horizontal line 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 | UP | POSITIVE | The long term trend for VNDA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VNDA is down. |
| ChartMill Relative Strength | 87.37 | POSITIVE | VNDA has a high relative strength, it outperformed 87.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VNDA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VNDA is below 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) | 35.75 | NEUTRAL | The RSI value for VNDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests VNDA has a negative trend. |
| Stochastics (14,3) | 5.74 | OVERSOLD | The low Stochastics value suggests VNDA may be oversold. |
| Average True Range in percent/ATR (20) | 7.26 | HIGH VOLATILITY | The high ATR as a percentage value for VNDA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.81 | POSITIVE | The high ADX value value for VNDA suggests a strong trend. |
6.2
+0.11 (+1.81%)
VANDA PHARMACEUTICALS INC / VNDA FAQ
What is the ChartMill technical rating of VANDA PHARMACEUTICALS INC (VNDA) stock?
ChartMill assigns a technical rating of 7 / 10 to VNDA.
What is the current trend direction of VANDA PHARMACEUTICALS INC (VNDA) stock?
The current trend direction for VANDA PHARMACEUTICALS INC (VNDA) is Bullish.
What is the RSI signal for VNDA stock?
VANDA PHARMACEUTICALS INC (VNDA) has an RSI value of 35.7519. This indicates that the stock is currently neutral.
What is the MACD signal for VNDA stock?
The MACD indicator for VANDA PHARMACEUTICALS INC (VNDA) has a value of -0.224415, indicating a bearish trend.
What is the short term momentum for VANDA PHARMACEUTICALS INC (VNDA) stock?
The short term momentum for VANDA PHARMACEUTICALS INC (VNDA) is negative.