NYSEARCA:VNRX - NYSE Arca - US9286611077 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to VNRX. In the last year, VNRX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
VNRX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.62, a Stop Loss order could be placed below this zone.
0.61
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 VNRX is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VNRX is down. |
ChartMill Relative Strength | 85.37 | POSITIVE | VNRX has a high relative strength, it outperformed 85.37% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VNRX is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of VNRX is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VNRX is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for VNRX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VNRX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 14.87 | OVERSOLD | The low Stochastics value suggests VNRX may be oversold. |
Average True Range in percent/ATR (20) | 8.42 | HIGH VOLATILITY | The high ATR as a percentage value for VNRX suggests high volalility. |
Average Directional Index/ADX (14) | 15.54 | NEGATIVE | The low ADX value for VNRX suggests a weak or negative trend. |
0.6272
+0.01 (+1.16%)