VERSUS SYSTEMS INC (VS) Stock Technical Analysis
NASDAQ:VS - Nasdaq - CA92535P8736 - Common Stock - Currency: USD
Taking everything into account, VS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, VS has proven to be a steady performer, scoring decent points in every aspect analyzed.
VS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
VS is one of the better performing stocks in the Entertainment industry, it outperforms 83% of 72 stocks in the same industry.
In the last month VS has a been trading in the 1.92 - 2.78 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 VS is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although VS has an excellent technical rating, it does not present a decent entry opportunity 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
2.05
3.07
When analyzing the support we can see 4 important areas.
- Support @2.59 from a horizontal line in the daily time frame.
- A support zone ranging from 2.22 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.12 from a trend line in the daily time frame.
- Support @2.07 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @3.04 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 | UP | POSITIVE | The long term trend for VS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VS is up. |
| ChartMill Relative Strength | 91.89 | POSITIVE | VS has a high relative strength, it outperformed 91.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.11 | NEUTRAL | The RSI value for VS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VS has a positive trend. |
| Stochastics (14,3) | 86.37 | OVERBOUGHT | The high Stochastics value suggests VS may be overbought. |
| Average True Range in percent/ATR (20) | 7.42 | HIGH VOLATILITY | The high ATR as a percentage value for VS suggests high volalility. |
| Average Directional Index/ADX (14) | 37.49 | POSITIVE | The high ADX value value for VS suggests a strong 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)
2.7499
+0.11 (+4.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg4.16%
1 Week6.17%
2 Weeks10.44%
1 Month15.06%
3 Month38.88%
6 Month-0.37%
12 Month67.68%
2 Year-53.91%
3 Year-96.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.42%
ATR Inc1.57%
Range Today0.17
ADR(20)0.19
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.89
Mansfield2.95
10 Day High2.78
10 Day Low2.42
20 Day High2.78
20 Day Low1.92
52 Week High9.59
52 Week Low1
CS1 End2.59
CR1 Start3.04
Volume & EV
DER(3)6.69%
DER(5)5.28%
Volume9.50K
Volume Incr-59.66%
Vol(5)23.40K
Vol(50)36.23K