Vireo Health International Inc. S.V. (VREO.CA) Technical Analysis
CNSX:VREO
Current stock price
VREO.CA Technical Rating and Analysis
Taking everything into account, VREO scores 5 out of 10 in our technical rating. VREO was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- When comparing the yearly performance of all stocks, we notice that VREO is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by VREO over the past year are nicely spread over this period.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- VREO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VREO is lagging the market.
- In the last month VREO has a been trading in the 2.27 - 4.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VREO.CA Weekly and Daily overview Charts
VREO.CA Setup Rating and Analysis
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
VREO.CA Support and Resistance Analysis
2.12
When analyzing the support we can see 3 important 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.
We found 1 important resistance 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.
VREO.CA 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 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. |
VREO.CA Chart- and CandleStick Pattern Analysis
VREO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA FAQ
What is the technical rating for VREO stock?
ChartMill assigns a technical rating of 4 / 10 to VREO.CA.
What is the trend direction for VREO stock?
The current trend direction for Vireo Health International Inc. S.V. (VREO.CA) is Bullish.
What is the RSI signal for VREO stock?
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 short term momentum for VREO stock?
The short term momentum for Vireo Health International Inc. S.V. (VREO.CA) is negative.
Can you provide the buy/sell signal for Vireo Health International Inc. S.V.?
The buy/sell signal for Vireo Health International Inc. S.V. (VREO.CA) is hold as the short term and long term trends are mixed.