VENTOUX CCM ACQUISITION CORP (VTAQ) Technical Analysis
NASDAQ:VTAQ • US92280L1017
Current stock price
VTAQ Technical Rating and Analysis
Taking everything into account, VTAQ scores 0 out of 10 in our technical rating. VTAQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, VTAQ is a bad performer in the overall market: 90% of all stocks are doing better.
- VTAQ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VTAQ is lagging the market.
- In the last month VTAQ has a been trading in the 4.50 - 10.40 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
VTAQ Weekly and Daily overview Charts
VTAQ Setup Rating and Analysis
The technical rating of VTAQ 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
VTAQ Support and Resistance Analysis
5.03
We can see 2 important resistance areas.
- A resistance zone ranging from 10.00 to 10.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.40 from a horizontal line in the daily time frame.
VTAQ 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 | NEUTRAL | NEUTRAL | The long term trend for VTAQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VTAQ is down. |
| ChartMill Relative Strength | 10.55 | NEGATIVE | VTAQ has a low relative strength, it was outperformed by 89.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VTAQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VTAQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VTAQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.62 | OVERSOLD | The low RSI value suggests VTAQ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests VTAQ has a negative trend. |
| Stochastics (14,3) | 26.78 | NEUTRAL | The Stochastics value for VTAQ is a neutral value. |
| Average True Range in percent/ATR (20) | 19.66 | HIGH VOLATILITY | The high ATR as a percentage value for VTAQ suggests high volalility. |
| Average Directional Index/ADX (14) | 46.21 | POSITIVE | The high ADX value value for VTAQ suggests a strong trend. |
VTAQ Chart- and CandleStick Pattern Analysis
VTAQ Technicals: Chart, Performance Metrics, Trend & Indicators
5.08
-1.03 (-16.86%)
VENTOUX CCM ACQUISITION CORP / VTAQ TA FAQ
Can you provide the ChartMill technical rating for VENTOUX CCM ACQUISITION CORP?
ChartMill assigns a technical rating of 0 / 10 to VTAQ.
What is the current trend direction of VENTOUX CCM ACQUISITION CORP (VTAQ) stock?
The current trend direction for VENTOUX CCM ACQUISITION CORP (VTAQ) is Bearish.
What is the RSI signal for VTAQ stock?
VENTOUX CCM ACQUISITION CORP (VTAQ) has an RSI value of 28.6153. This indicates that the stock is currently oversold.
What is the MACD signal for VENTOUX CCM ACQUISITION CORP (VTAQ) stock?
The MACD indicator for VENTOUX CCM ACQUISITION CORP (VTAQ) has a value of -0.421609, indicating a bearish trend.
What is the support and resistance level for VTAQ stock?
VENTOUX CCM ACQUISITION CORP (VTAQ) has a resistance level at 10. Check the full technical report for our detailed analysis of VTAQ support and resistance levels.