CATHETER PRECISION INC (VTAK) Stock Technical Analysis
NYSEARCA:VTAK - NYSE Arca - US74933X6094 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to VTAK. VTAK 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than VTAK.
VTAK is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 90% are performing better than VTAK.
VTAK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month VTAK has a been trading in the 0.15 - 0.26 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
VTAK has an average volume of 17980300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of VTAK 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
0.17
0.43
We can see 4 important resistance areas.
- Resistance @0.23 from a trend line in the daily time frame.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.30 from a trend line in the weekly time frame.
- Resistance @0.43 from a horizontal line in the daily 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 VTAK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VTAK is down. |
| ChartMill Relative Strength | 1.24 | NEGATIVE | VTAK has a low relative strength, it was outperformed by 98.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VTAK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VTAK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VTAK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.35 | NEUTRAL | The RSI value for VTAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VTAK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.68 | OVERSOLD | The low Stochastics value suggests VTAK may be oversold. |
| Average True Range in percent/ATR (20) | 10.29 | HIGH VOLATILITY | The high ATR as a percentage value for VTAK suggests high volalility. |
| Average Directional Index/ADX (14) | 14.54 | NEGATIVE | The low ADX value for VTAK suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.1725
0 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.29%
1 Week-20.51%
2 Weeks-27.52%
1 Month-27.28%
3 Month-39.69%
6 Month-55.43%
12 Month-87.5%
2 Year-96.91%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%10.29%
ATR Inc-21.81%
Range Today0.01
ADR(20)0.02
ADR(20)%9.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.24
Mansfield-6.26
10 Day High0.25
10 Day Low0.15
20 Day High0.26
20 Day Low0.15
52 Week High2.49
52 Week Low0.15
CS1 EndN/A
CR1 Start0.23
Volume & EV
DER(3)-3.65%
DER(5)-7.69%
Volume781.60K
Volume Incr-36.31%
Vol(5)1.40M
Vol(50)17.98M