VNT Technical Analysis - VONTIER CORP

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to VNT. VNT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month VNT has a been trading in the 41.32 - 43.88 range, which is quite wide. It is currently trading near the lows of this range.

VNT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VNT is lagging the market slightly.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

Looking at the yearly performance, VNT did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

VNT is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, VNT did better than 49% of them.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

VNT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.40, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

36.98

44.16

We found 2 important support areas.

A support zone ranging from 41.20 to 41.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @37.35 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 42.10 to 43.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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Technical Indicator Signal Analysis

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 VNT is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for VNT is down.
ChartMill Relative Strength	76.11	POSITIVE	VNT has a high relative strength, it outperformed 76.11% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of VNT is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of VNT is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of VNT is above the rising SMA(200).
Relative Strength Index/RSI (14)	40.82	NEUTRAL	The RSI value for VNT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.21	NEGATIVE	The MACD value suggests VNT has a negative trend.
Stochastics (14,3)	13.57	OVERSOLD	The low Stochastics value suggests VNT may be oversold.
Average True Range in percent/ATR (20)	1.78	LOW VOLATILITY	The low ATR as a percentage value for VNT suggests low volalility.
Average Directional Index/ADX (14)	13.48	NEGATIVE	The low ADX value for VNT suggests a weak or negative trend.