We assign a technical rating of 7 out of 10 to VSTA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VSTA is showing a nice and steady performance.
Although VSTA 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.
4.09
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 VSTA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VSTA is neutral. |
| ChartMill Relative Strength | 93.99 | POSITIVE | VSTA has a high relative strength, it outperformed 93.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VSTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VSTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VSTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.87 | NEUTRAL | The RSI value for VSTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VSTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.08 | NEUTRAL | The Stochastics value for VSTA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for VSTA suggests some volalility. |
| Average Directional Index/ADX (14) | 37.57 | POSITIVE | The high ADX value value for VSTA suggests a strong trend. |
5.02
+0.21 (+4.37%)
ChartMill assigns a technical rating of 7 / 10 to VSTA.
The current trend direction for VASTA PLATFORM LTD (VSTA) is Bullish.
VASTA PLATFORM LTD (VSTA) has an RSI value of 54.8669. This indicates that the stock is currently neutral.
The MACD indicator for VASTA PLATFORM LTD (VSTA) has a value of -0.00177455, indicating a bearish trend.
VASTA PLATFORM LTD (VSTA) has a support level at 4.95 and a resistance level at 5.03. Check the full technical report for our detailed analysis of VSTA support and resistance levels.