VONTIER CORP (VNT) Stock Technical Analysis
NYSE:VNT • US9288811014
Overall VNT gets a technical rating of 7 out of 10. VNT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Both the short term and long term trends are positive. This is a very positive sign.
- VNT 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.
- VNT has an average volume of 1259200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, VNT outperforms 67% of them, which is more or less in line with the market.
- VNT is part of the Electronic Equipment, Instruments & Components industry. There are 122 other stocks in this industry, VNT did better than 48% of them.
- VNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VNT is lagging the market.
Besides having an excellent technical rating, VNT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
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34.53
3 important support areas can be observed.
- A support zone ranging from 38.20 to 38.56. 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 36.66 to 37.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.88 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 41.24 to 41.54. 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 43.18 to 43.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for VNT is up. |
| ChartMill Relative Strength | 67.04 | NEUTRAL | VNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VNT is above 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) | 57.56 | NEUTRAL | The RSI value for VNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.04 | NEUTRAL | The Stochastics value for VNT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for VNT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.99 | NEUTRAL | The ADX value for VNT suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 41.55 | 38.79 | 2.76 (6.65%) | 15.03% |
| An entry @41.55. This is a Buy Stop order right above the resistance zone. | An exit @38.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.76 points, which is 6.65%. | For a 1.00% total portfolio risk, you can invest 15.03% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VNT. Please evaluate whether better entry and exit points can be found.
- 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.
40.96
-0.05 (-0.12%)
VONTIER CORP / VNT FAQ
Can you provide the ChartMill technical rating for VONTIER CORP?
ChartMill assigns a technical rating of 7 / 10 to VNT.
Can you provide the trend direction for VONTIER CORP?
The current trend direction for VONTIER CORP (VNT) is Bullish.
What is the RSI signal for VONTIER CORP (VNT) stock?
VONTIER CORP (VNT) has an RSI value of 57.5649. This indicates that the stock is currently neutral.
What is the short term momentum for VNT stock?
The short term momentum for VONTIER CORP (VNT) is positive.
What are the support and resistance levels for VONTIER CORP (VNT) stock?
VONTIER CORP (VNT) has a support level at 38.56 and a resistance level at 41.24. Check the full technical report for our detailed analysis of VNT support and resistance levels.