VTEX -CLASS A (VTEX) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:VTEX • KYG9470A1022
Taking everything into account, VTEX scores 0 out of 10 in our technical rating. VTEX'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, VTEX is a bad performer in the overall market: 91% of all stocks are doing better.
- VTEX is part of the IT Services industry. There are 87 other stocks in this industry, of which 65% are performing better than VTEX.
- VTEX 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 VTEX has a been trading in the 2.99 - 3.70 range, which is quite wide. It is currently trading near the lows of this range.
VTEX has a poor technical rating and the quality of the setup is also only medium 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
3.11
We can see 5 important resistance areas.
- A resistance zone ranging from 3.21 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.42 from a horizontal line in the daily time frame.
- Resistance @4.23 from a trend line in the daily time frame.
- Resistance @4.65 from a horizontal line in the daily time frame.
- Resistance @5.94 from a trend line in the weekly 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 VTEX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VTEX is down. |
| ChartMill Relative Strength | 9.44 | NEGATIVE | VTEX has a low relative strength, it was outperformed by 90.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VTEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VTEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VTEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.08 | NEUTRAL | The RSI value for VTEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VTEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.4 | NEUTRAL | The Stochastics value for VTEX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for VTEX suggests some volalility. |
| Average Directional Index/ADX (14) | 54.18 | POSITIVE | The high ADX value value for VTEX suggests a strong trend. |
3.14
+0.09 (+2.95%)
VTEX -CLASS A / VTEX FAQ
Can you provide the ChartMill technical rating for VTEX -CLASS A?
ChartMill assigns a technical rating of 0 / 10 to VTEX.
What is the current trend direction of VTEX -CLASS A (VTEX) stock?
The current trend direction for VTEX -CLASS A (VTEX) is Bearish.
Can you provide the RSI signal for VTEX -CLASS A?
VTEX -CLASS A (VTEX) has an RSI value of 34.0756. This indicates that the stock is currently neutral.
What is the short term momentum for VTEX -CLASS A (VTEX) stock?
The short term momentum for VTEX -CLASS A (VTEX) is negative.
What are the support and resistance levels for VTEX -CLASS A (VTEX) stock?
VTEX -CLASS A (VTEX) has a resistance level at 3.21. Check the full technical report for our detailed analysis of VTEX support and resistance levels.