VERSUM MATLS INC (VSM) Stock Technical Analysis
USA - NYSE:VSM -
Overall VSM gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VSM is showing a nice and steady performance.
Although VSM has an excellent technical rating, it does not offer a high quality setup 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.
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50.59
When analyzing the support we notice one important area.
- A support zone ranging from 51.10 to 52.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 53.00 to 53.00. 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 | UP | POSITIVE | The long term trend for VSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VSM is up. |
| ChartMill Relative Strength | 95.06 | POSITIVE | VSM has a high relative strength, it outperformed 95.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.87 | OVERBOUGHT | The high RSI value suggests VSM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests VSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.96 | OVERBOUGHT | The high Stochastics value suggests VSM may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for VSM suggests low volalility. |
52.99
+0.01 (+0.02%)
VERSUM MATLS INC / VSM FAQ
What is the ChartMill technical rating of VERSUM MATLS INC (VSM) stock?
ChartMill assigns a technical rating of 7 / 10 to VSM.
What is the trend direction for VSM stock?
The current trend direction for VERSUM MATLS INC (VSM) is Bullish.
Can you provide the RSI signal for VERSUM MATLS INC?
VERSUM MATLS INC (VSM) has an RSI value of 78.8673. This indicates that the stock is currently overbought.
What is the buy/sell signal for VSM stock?
The buy/sell signal for VERSUM MATLS INC (VSM) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for VERSUM MATLS INC?
VERSUM MATLS INC (VSM) has a support level at 52.69 and a resistance level at 53. Check the full technical report for our detailed analysis of VSM support and resistance levels.