VORNADO REALTY TRUST (VNO) Stock Technical Analysis
NYSE:VNO - New York Stock Exchange, Inc. - US9290421091 - REIT - Currency: USD
Taking everything into account, VNO scores 8 out of 10 in our technical rating. In the past year, VNO was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that VNO is one of the better performing stocks in the market, outperforming 91% of all stocks.
VNO is part of the Diversified REITs industry. There are 129 other stocks in this industry. VNO outperforms 96% of them.
VNO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VNO is performing more or less in line with the market.
VNO has an average volume of 1330210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VNO has a been trading in the 36.49 - 41.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VNO 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.
More info and screens
30.30
43.08
When analyzing the support we can see 4 important areas.
- A support zone ranging from 39.07 to 40.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.08 to 37.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.12 from a trend line in the weekly time frame.
- Support @30.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @41.18 from a trend line in the daily time frame.
- Resistance @42.65 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 | NEUTRAL | NEUTRAL | The long term trend for VNO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VNO is up. |
| ChartMill Relative Strength | 91.67 | POSITIVE | VNO has a high relative strength, it outperformed 91.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VNO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VNO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VNO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.93 | NEUTRAL | The RSI value for VNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests VNO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.38 | NEUTRAL | The Stochastics value for VNO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for VNO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.36 | NEGATIVE | The low ADX value for VNO 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 |
|---|---|---|---|
| 41.19 | 39.06 | 2.13 (5.17%) | 19.34% |
| An entry @41.19. This is a Buy Stop order right above the resistance zone. | An exit @39.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.13 points, which is 5.17%. | For a 1.00% total portfolio risk, you can invest 19.34% of your capital in this trade. |
- 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.
40.4
-0.69 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.68%
1 Week0.37%
2 Weeks7.25%
1 Month2.38%
3 Month9.72%
6 Month-9.54%
12 Month58.87%
2 Year122.71%
3 Year41.31%
5 Year5.73%
10 Year-46.8%
15 Year-30.77%
Volatility
ATR(14)1.08
ATR(20)%2.53%
ATR Inc-19.28%
Range Today0.85
ADR(20)0.93
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.67
Mansfield0.34
10 Day High41.95
10 Day Low36.68
20 Day High41.95
20 Day Low36.49
52 Week High46.63
52 Week Low24.76
CS1 End40
CR1 Start41.18
Volume & EV
DER(3)4.07%
DER(5)4.48%
Volume1.47M
Volume Incr25.52%
Vol(5)1.33M
Vol(50)1.33M