VROOM INC (VRM) Stock Technical Analysis
USA - NASDAQ:VRM - US92918V2088 - Common Stock
27.46 USD
-0.99 (-3.48%)
27.46 USD
0 (0%)
Overall VRM gets a technical rating of 5 out of 10. In the past year, VRM was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Warning: VRM has an average volume of 4756 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
VRM is one of the better performing stocks in the Consumer Finance industry, it outperforms 86% of 54 stocks in the same industry.
In the last month VRM has a been trading in the 24.99 - 30.00 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that VRM is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
VRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRM is lagging the market.
VRM has an average technical rating and the quality of the presented setup is also not ideal 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
23.77
30.22
4 important support areas can be observed.
- A support zone ranging from 26.42 to 26.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @25.64 from a trend line in the daily time frame.
- A support zone ranging from 25.04 to 25.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.01 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @28.26 from a trend line in the daily time frame.
- Resistance @28.73 from a trend line in the weekly time frame.
- Resistance @29.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.92 to 29.92. 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 | NEUTRAL | NEUTRAL | The long term trend for VRM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRM is up. |
| ChartMill Relative Strength | 95.44 | POSITIVE | VRM has a high relative strength, it outperformed 95.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VRM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.71 | NEUTRAL | The RSI value for VRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests VRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70 | NEUTRAL | The Stochastics value for VRM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for VRM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.66 | NEGATIVE | The low ADX value for VRM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
27.46
-0.99 (-3.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-3.48%
1 Week4.29%
2 Weeks1.55%
1 Month5.62%
3 Month-13.7%
6 Month2.65%
12 Month196.22%
2 Year-85.14%
3 Year-76.96%
5 Year-99.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%4.29%
ATR Inc70.69%
Range Today2.54
ADR(20)0.98
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.44
Mansfield2.01
10 Day High30
10 Day Low25.02
20 Day High30
20 Day Low24.99
52 Week High41.36
52 Week Low4.25
CS1 End26.83
CR1 Start28.26
Volume & EV
DER(3)142.35%
DER(5)95.44%
Volume10.70K
Volume Incr9.86%
Vol(5)4.68K
Vol(50)4.76K