Vireo Health International Inc. S.V. (VREO.CA) Stock Technical Analysis
Canada - CNSX:VREO -
Overall VREO gets a technical rating of 5 out of 10. In the last year, VREO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
VREO has an average technical rating and it also 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
2.12
We found 3 important support areas.
- A support zone ranging from 2.82 to 2.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.38 from a trend line in the daily time frame.
- Support @2.14 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.08 to 3.08. 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 VREO.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VREO.CA is down. |
| ChartMill Relative Strength | 92.9 | POSITIVE | VREO.CA has a high relative strength, it outperformed 92.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VREO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VREO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VREO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.26 | NEUTRAL | The RSI value for VREO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VREO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.32 | NEUTRAL | The Stochastics value for VREO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.5 | HIGH VOLATILITY | The high ATR as a percentage value for VREO.CA suggests high volalility. |
Vireo Health International Inc. S.V.
CNSX:VREO (4/8/2021, 8:46:17 PM)
2.83
-0.03 (-1.05%)
Vireo Health International Inc. S.V. / VREO.CA FAQ
What is the ChartMill technical rating of Vireo Health International Inc. S.V. (VREO.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to VREO.CA.
What is the current trend direction of Vireo Health International Inc. S.V. (VREO.CA) stock?
The current trend direction for Vireo Health International Inc. S.V. (VREO.CA) is Bullish.
Can you provide the RSI signal for Vireo Health International Inc. S.V.?
Vireo Health International Inc. S.V. (VREO.CA) has an RSI value of 41.261. This indicates that the stock is currently neutral.
What is the MACD signal for VREO stock?
The MACD indicator for Vireo Health International Inc. S.V. (VREO.CA) has a value of -0.00103402, indicating a bearish trend.
What is the short term momentum for VREO stock?
The short term momentum for Vireo Health International Inc. S.V. (VREO.CA) is negative.