Vivint Solar Inc (VSLR) Stock Technical Analysis
NYSE:VSLR - New York Stock Exchange, Inc. -
We assign a technical rating of 10 out of 10 to VSLR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VSLR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that VSLR is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by VSLR over the past year are nicely spread over this period.
A new 52 week high is currently being made by VSLR, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so VSLR is leading the market.
VSLR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
VSLR has an average volume of 2987490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although VSLR has an excellent technical rating, the quality of the presented setup is 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
32.13
43.51
We found 2 important support areas.
- Support @34.79 from a trend line in the daily time frame.
- Support @32.45 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 | UP | POSITIVE | The long term trend for VSLR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VSLR is up. |
| ChartMill Relative Strength | 99.42 | POSITIVE | VSLR has a high relative strength, it outperformed 99.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VSLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VSLR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VSLR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.59 | OVERBOUGHT | The high RSI value suggests VSLR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests VSLR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.27 | OVERBOUGHT | The high Stochastics value suggests VSLR may be overbought. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for VSLR suggests high volalility. |
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)
43.08
-0.12 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week1.72%
2 Weeks27.27%
1 Month42.6%
3 Month169.76%
6 Month658.45%
12 Month508.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.66
ATR(20)%5.56%
ATR Inc9.74%
Range Today2.69
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.42
Mansfield20.66
10 Day High45.3
10 Day Low30.78
20 Day High45.3
20 Day Low29.81
52 Week High45.3
52 Week Low3.17
CS1 End34.79
CR1 StartN/A
Volume & EV
DER(3)-2.49%
DER(5)-2.78%
Volume10.17M
Volume Incr117.27%
Vol(5)6.24M
Vol(50)2.99M