VOC ENERGY TRUST (VOC) Technical Analysis
NYSE:VOC • US91829B1035
We assign a technical rating of 8 out of 10 to VOC. Although VOC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- VOC 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 VOC is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that VOC is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- VOC is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 42% of 207 stocks in the same industry.
- In the last month VOC has a been trading in the 2.94 - 3.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VOC has an excellent technical rating, it does not offer a high quality setup 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
2.65
5 important support areas can be observed.
- Support @3.10 from a trend line in the daily time frame.
- Support @2.94 from a trend line in the daily time frame.
- Support @2.87 from a trend line in the weekly time frame.
- A support zone ranging from 2.75 to 2.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.68 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.62 to 3.62. 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 VOC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VOC is up. |
| ChartMill Relative Strength | 78.64 | POSITIVE | VOC has a high relative strength, it outperformed 78.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VOC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VOC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.23 | NEUTRAL | The RSI value for VOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests VOC has a positive trend. |
| Stochastics (14,3) | 61.48 | NEUTRAL | The Stochastics value for VOC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for VOC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.09 | POSITIVE | The high ADX value value for VOC suggests a strong trend. |
VOC Technicals: Chart, Performance Metrics, Trend & Indicators
3.57
+0.21 (+6.25%)
VOC ENERGY TRUST / VOC FAQ
Can you provide the ChartMill technical rating for VOC ENERGY TRUST?
ChartMill assigns a technical rating of 8 / 10 to VOC.
What is the current trend direction of VOC ENERGY TRUST (VOC) stock?
The current trend direction for VOC ENERGY TRUST (VOC) is Bullish.
Can you provide the RSI signal for VOC ENERGY TRUST?
VOC ENERGY TRUST (VOC) has an RSI value of 62.2294. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VOC ENERGY TRUST?
The MACD indicator for VOC ENERGY TRUST (VOC) has a value of 0.0342564, indicating a bearish trend.
What is the buy/sell signal for VOC stock?
The buy/sell signal for VOC ENERGY TRUST (VOC) is buy as both the short term and long term trends are positive.