VTEX -CLASS A (VTEX) Technical Analysis
NYSE:VTEX • KYG9470A1022
We assign a technical rating of 5 out of 10 to VTEX. In the past year, VTEX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 75% of all other stocks performed better in the past year than VTEX.
- VTEX 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 VTEX is lagging the market.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month VTEX has a been trading in the 2.84 - 4.03 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- VTEX has an average volume of 1087400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VTEX is an average performer in the IT Services industry, it outperforms 69% of 87 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VTEX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.96
We can see 2 important resistance areas.
- A resistance zone ranging from 4.01 to 4.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.83 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 | NEUTRAL | NEUTRAL | The long term trend for VTEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTEX is up. |
| ChartMill Relative Strength | 25.52 | NEGATIVE | VTEX has a low relative strength, it was outperformed by 74.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VTEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VTEX is above the rising 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) | 75.64 | OVERBOUGHT | The high RSI value suggests VTEX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests VTEX has a positive trend. |
| Stochastics (14,3) | 97.59 | OVERBOUGHT | The high Stochastics value suggests VTEX may be overbought. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for VTEX suggests some volalility. |
| Average Directional Index/ADX (14) | 42.21 | POSITIVE | The high ADX value value for VTEX suggests a strong trend. |
VTEX Technicals: Chart, Performance Metrics, Trend & Indicators
4
+0.08 (+2.04%)
VTEX -CLASS A / VTEX FAQ
Can you provide the ChartMill technical rating for VTEX -CLASS A?
ChartMill assigns a technical rating of 5 / 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 75.6358. This indicates that the stock is currently overbought.
What is the short term momentum for VTEX -CLASS A (VTEX) stock?
The short term momentum for VTEX -CLASS A (VTEX) is positive.
What are the support and resistance levels for VTEX -CLASS A (VTEX) stock?
VTEX -CLASS A (VTEX) has a resistance level at 4.01. Check the full technical report for our detailed analysis of VTEX support and resistance levels.