VERSUS SYSTEMS INC (VS) Stock Technical Analysis
NASDAQ:VS - Nasdaq - CA92535P8736 - Common Stock - Currency: USD
Overall VS gets a technical rating of 7 out of 10. VS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VS is one of the better performing stocks in the Entertainment industry, it outperforms 83% of 72 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, VS did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month VS has a been trading in the 1.92 - 2.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, VS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.14, 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
1.87
2.57
We found 4 important support areas.
- A support zone ranging from 2.10 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.04 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.93 from a trend line in the daily time frame.
- Support @1.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.38 from a horizontal line in the weekly time frame.
- Resistance @2.43 from a trend line in the weekly time frame.
- Resistance @2.54 from a trend line in the daily 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 VS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VS is neutral. |
| ChartMill Relative Strength | 91.35 | POSITIVE | VS has a high relative strength, it outperformed 91.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VS is below 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) | 50.63 | NEUTRAL | The RSI value for VS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests VS has a negative trend. |
| Stochastics (14,3) | 26.95 | NEUTRAL | The Stochastics value for VS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.03 | HIGH VOLATILITY | The high ATR as a percentage value for VS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.27 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.39 | 2.09 | 0.30 (12.55%) | 7.97% |
| An entry @2.39. This is a Buy Stop order right above the resistance zone. | An exit @2.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.30 points, which is 12.55%. | When investing 7.97% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of VS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.21
+0.1 (+4.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg4.74%
1 Week-6.75%
2 Weeks-1.34%
1 Month3.45%
3 Month4.25%
6 Month-3.07%
12 Month71.32%
2 Year-67.88%
3 Year-97.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%9.03%
ATR Inc-21.39%
Range Today0.1
ADR(20)0.19
ADR(20)%8.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.35
Mansfield0.81
10 Day High2.75
10 Day Low1.92
20 Day High2.75
20 Day Low1.92
52 Week High9.59
52 Week Low1
CS1 End2.14
CR1 Start2.38
Volume & EV
DER(3)-6.6%
DER(5)-1.18%
Volume10.50K
Volume Incr350.46%
Vol(5)133.90K
Vol(50)32.36K