VIRTUS INVESTMENT PARTNERS (VRTS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VRTS - US92828Q1094 - Common Stock
Taking everything into account, VRTS scores 4 out of 10 in our technical rating. In the past year, VRTS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 83% of all other stocks performed better in the past year than VRTS.
- VRTS is part of the Capital Markets industry. There are 235 other stocks in this industry, of which 76% are performing better than VRTS.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- VRTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRTS is lagging the market.
- In the last month VRTS has a been trading in the 160.39 - 175.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, VRTS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 173.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 169.11, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
153.77
We found 3 important support areas.
- A support zone ranging from 166.51 to 169.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 158.26 to 160.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @155.32 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 173.75 to 176.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @198.40 from a horizontal line in the daily time frame.
- Resistance @250.52 from a horizontal line in the weekly time frame.
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 VRTS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRTS is up. |
| ChartMill Relative Strength | 17.94 | NEGATIVE | VRTS has a low relative strength, it was outperformed by 82.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VRTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.32 | NEUTRAL | The RSI value for VRTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests VRTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.11 | NEUTRAL | The Stochastics value for VRTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for VRTS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.02 | NEGATIVE | The low ADX value for VRTS suggests a weak or negative trend. |
169.79
+0.9 (+0.53%)
VIRTUS INVESTMENT PARTNERS / VRTS FAQ
Can you provide the ChartMill technical rating for VIRTUS INVESTMENT PARTNERS?
ChartMill assigns a technical rating of 4 / 10 to VRTS.
Can you provide the trend direction for VIRTUS INVESTMENT PARTNERS?
The current trend direction for VIRTUS INVESTMENT PARTNERS (VRTS) is Bearish.
What is the RSI signal for VRTS stock?
VIRTUS INVESTMENT PARTNERS (VRTS) has an RSI value of 54.3222. This indicates that the stock is currently neutral.
What is the short term momentum for VRTS stock?
The short term momentum for VIRTUS INVESTMENT PARTNERS (VRTS) is positive.