VESTIS CORP (VSTS) Technical Analysis
NYSE:VSTS • US29430C1027
Current stock price
VSTS Technical Rating and Analysis
Overall VSTS gets a technical rating of 6 out of 10. VSTS has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- VSTS is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 71% of 81 stocks in the same industry.
- In the last month VSTS has a been trading in the 7.03 - 8.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- VSTS has an average volume of 1887990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, VSTS turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- VSTS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VSTS is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
VSTS Weekly and Daily overview Charts
VSTS Setup Rating and Analysis
VSTS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 7.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VSTS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
VSTS Support and Resistance Analysis
7.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.67 to 7.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.36 to 7.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.24 to 7.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @7.99 from a horizontal line in the weekly time frame.
VSTS Technical Indicator Signal Analysis
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 VSTS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VSTS is neutral. |
| ChartMill Relative Strength | 54.99 | NEUTRAL | VSTS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VSTS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VSTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VSTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for VSTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VSTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.94 | NEUTRAL | The Stochastics value for VSTS is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for VSTS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.15 | NEGATIVE | The low ADX value for VSTS suggests a weak or negative trend. |
VSTS Chart- and CandleStick Pattern Analysis
VSTS Example Setup
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 |
|---|---|---|---|
| 8.00 | 7.66 | 0.34 (4.25%) | 23.53% |
| An entry @8.00. This is a Buy Stop order right above the resistance zone. | An exit @7.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.34 points, which is 4.25%. | For a 1.00% total portfolio risk, you can invest 23.53% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VSTS. 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.
VSTS Technicals: Chart, Performance Metrics, Trend & Indicators
7.83
+0.01 (+0.13%)
VESTIS CORP / VSTS TA FAQ
What is the technical rating for VSTS stock?
ChartMill assigns a technical rating of 6 / 10 to VSTS.
What is the trend direction for VSTS stock?
The current trend direction for VESTIS CORP (VSTS) is Bullish.
Can you provide the RSI signal for VESTIS CORP?
VESTIS CORP (VSTS) has an RSI value of 54.1729. This indicates that the stock is currently neutral.
What is the short term momentum for VSTS stock?
The short term momentum for VESTIS CORP (VSTS) is neutral.
What are the support and resistance levels for VESTIS CORP (VSTS) stock?
VESTIS CORP (VSTS) has a support level at 7.83 and a resistance level at 7.99. Check the full technical report for our detailed analysis of VSTS support and resistance levels.