VESTIS CORP (VSTS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VSTS - US29430C1027 - Common Stock
We assign a technical rating of 6 out of 10 to VSTS. VSTS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, VSTS is a bad performer in the overall market: 82% of all stocks are doing better.
- VSTS is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry, of which 62% are performing better than VSTS.
- VSTS 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- VSTS has an average volume of 2625190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month VSTS has a been trading in the 6.03 - 7.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, VSTS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 6.65, a Stop Loss order could be placed below this zone.
More info and screens
6.25
We found 2 important support areas.
- A support zone ranging from 6.63 to 6.65. 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 6.31 to 6.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @7.36 from a trend line in the daily time frame.
- A resistance zone ranging from 7.61 to 7.61. 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 | NEUTRAL | NEUTRAL | The long term trend for VSTS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VSTS is up. |
| ChartMill Relative Strength | 18.96 | NEGATIVE | VSTS has a low relative strength, it was outperformed by 81.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VSTS is above the rising 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) | DOWN | MIXED | The current price of VSTS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.53 | NEUTRAL | The RSI value for VSTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VSTS has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for VSTS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for VSTS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.07 | NEGATIVE | The low ADX value for VSTS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 7.37 | 6.62 | 0.75 (10.18%) | 9.83% |
| An entry @7.37. This is a Buy Stop order right above the resistance zone. | An exit @6.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.75 points, which is 10.18%. | For a 1.00% total portfolio risk, you can invest 9.83% of your capital in this trade. |
- 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.
6.85
+0.1 (+1.48%)
VESTIS CORP / VSTS 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 Bearish.
What is the RSI signal for VESTIS CORP (VSTS) stock?
VESTIS CORP (VSTS) has an RSI value of 54.5259. This indicates that the stock is currently neutral.
What is the MACD signal for VESTIS CORP (VSTS) stock?
The MACD indicator for VESTIS CORP (VSTS) has a value of 0.00182765, indicating a bearish trend.