VONTIER CORP (VNT) Stock Technical Analysis
NYSE:VNT • US9288811014
Taking everything into account, VNT scores 7 out of 10 in our technical rating. In the last year, VNT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- VNT has an average volume of 1251380 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 49% 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.
More info and screens
34.53
We found 3 important support areas.
- A support zone ranging from 38.06 to 38.36. 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.
When analyzing the resistance we notice one important area.
- 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 | 67.67 | 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) | 57.63 | NEUTRAL | The RSI value for VNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests VNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.03 | NEUTRAL | The Stochastics value for VNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for VNT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.76 | NEUTRAL | The ADX value for VNT suggests a possible start of a new trend. |
40.95
+0.33 (+0.81%)
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 57.6281. 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 38.36 and a resistance level at 43.18. Check the full technical report for our detailed analysis of VNT support and resistance levels.