(VSOL.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:VSOL -
Overall VSOL gets a technical rating of 0 out of 10. VSOL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, VSOL is a bad performer in the overall market: 96% of all stocks are doing better.
- VSOL 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.
- Warning: VSOL has an average volume of 15794 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month VSOL has a been trading in the 6.75 - 8.16 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of VSOL is bad and it also does not present a 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.
More info and screens
6.73
When analyzing the support we notice one important area.
- A support zone ranging from 6.80 to 6.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @8.25 from a horizontal line in the daily time frame.
- Resistance @12.76 from a trend 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 | DOWN | NEGATIVE | The long term trend for VSOL.AS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VSOL.AS is neutral. |
| ChartMill Relative Strength | 4.31 | NEGATIVE | VSOL.AS has a low relative strength, it was outperformed by 95.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VSOL.AS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VSOL.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VSOL.AS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.41 | NEUTRAL | The RSI value for VSOL.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests VSOL.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.13 | OVERBOUGHT | The high Stochastics value suggests VSOL.AS may be overbought. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for VSOL.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for VSOL.AS suggests a possible start of a new trend. |
/ VSOL.AS FAQ
What is the technical rating for VSOL stock?
ChartMill assigns a technical rating of 0 / 10 to VSOL.AS.
What is the current trend direction of (VSOL.AS) stock?
The current trend direction for (VSOL.AS) is Bearish.
Can you provide the RSI signal for ?
(VSOL.AS) has an RSI value of 47.4126. This indicates that the stock is currently neutral.
What is the support and resistance level for VSOL stock?
(VSOL.AS) has a support level at 6.89 and a resistance level at 8.25. Check the full technical report for our detailed analysis of VSOL.AS support and resistance levels.