VENTOUX CCM ACQUISITION CORP (VTAQ) Stock Technical Analysis
NASDAQ:VTAQ - Nasdaq - US92280L1017 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to VTAQ. 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!
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
5.03
10.50
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.
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. |
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)
5.08
-1.03 (-16.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-16.86%
1 Week-28.85%
2 Weeks-50.25%
1 Month-50.49%
3 Month-49.7%
6 Month-49.75%
12 Month-49.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%19.66%
ATR Inc14.45%
Range Today1.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.55
Mansfield-4.17
10 Day High10.21
10 Day Low4.5
20 Day High10.4
20 Day Low4.5
52 Week High10.7
52 Week Low4.5
CS1 EndN/A
CR1 Start10
Volume & EV
DER(3)1.38%
DER(5)-0.25%
Volume282.60K
Volume Incr6630.64%
Vol(5)1.88M
Vol(50)202.32K