VENTOUX CCM ACQUISITION CORP (VTAQ)       5.08  -1.03 (-16.86%)

5.08  -1.03 (-16.86%)

US92280L1017 - Common Stock - After market: 6 +0.92 (+18.11%)

Technical Rating

0

Overall VTAQ gets a technical rating of 0 out of 10. VTAQ 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, the long term trend is neutral. Not much exciting going on here.
90% of all other stocks performed better in the past year than VTAQ.
VTAQ is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
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.

Statistics

1 Month 3 Months 6 Months 12 Months -50.49% -49.70% -49.75% -49.10% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 10.55 4.5 - 10.7
VTAQ Weekly chart
VTAQ Daily chart

Support/Resistance Analysis


5.03

10.50
2 important resistance areas can be observed.
  • 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.

Setup Analysis

Setup Rating

2

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.


VTAQ Daily chart

VENTOUX CCM ACQUISITION CORP5.08

NASDAQ:VTAQ (9/21/2022, 7:00:02 PM)-1.03 (-16.86%)

After market: 6 +0.92 (+18.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A

Performance
Today -16.86% 1 Week -28.85%
2 Weeks -50.25% 1 Month -50.49%
3 Month -49.7% 6 Month -49.75%

Volatility
ATR(14) 1.36 ATR(20)% 19.66%
ATR Inc 14.45% Range Today 1.14

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 10.55 Mansfield -4.17
10 Day High 10.21 10 Day Low 4.5
20 Day High 10.4 20 Day Low 4.5
52 Week High 10.7 52 Week Low 4.5
CS1 End N/A CR1 Start 10

Volume & EV
DER(3) 1.38% DER(5) -0.25%
Volume 282.60K Volume Incr 6630.64%
Vol(5) 1.88M Vol(50) 202.32K

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