VTEX -CLASS A (VTEX) Technical Analysis
NYSE:VTEX • KYG9470A1022
Current stock price
VTEX Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to VTEX. VTEX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, VTEX is a bad performer in the overall market: 75% of all stocks are doing better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- VTEX is part of the IT Services industry. There are 88 other stocks in this industry. VTEX outperforms 72% of them.
- In the last month VTEX has a been trading in the 3.65 - 4.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- VTEX has an average volume of 1243190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VTEX is currently trading in the middle 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 slightly.
VTEX Weekly and Daily overview Charts
VTEX Setup Rating and Analysis
VTEX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.73, a Stop Loss order could be placed below this zone.
More info and screens
VTEX Support and Resistance Analysis
3.64
We found 1 important support area.
- A support zone ranging from 3.68 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.06 to 4.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.16 from a horizontal line in the daily time frame.
- Resistance @5.75 from a trend line in the weekly time frame.
VTEX 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 VTEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTEX is up. |
| ChartMill Relative Strength | 25.93 | NEGATIVE | VTEX has a low relative strength, it was outperformed by 74.07% 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) | 59.86 | NEUTRAL | The RSI value for VTEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VTEX has a negative trend. |
| Stochastics (14,3) | 80.39 | OVERBOUGHT | The high Stochastics value suggests VTEX may be overbought. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for VTEX suggests some volalility. |
| Average Directional Index/ADX (14) | 35.29 | POSITIVE | The high ADX value value for VTEX suggests a strong trend. |
VTEX Chart- and CandleStick Pattern Analysis
VTEX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.09 | 3.70 | 0.39 (9.54%) | 10.49% |
| An entry @4.09. This is a Buy Stop order right above the resistance zone. | An exit @3.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.39 points, which is 9.54%. | When investing 10.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VTEX Technicals: Chart, Performance Metrics, Trend & Indicators
4.01
-0.04 (-0.99%)
VTEX -CLASS A / VTEX TA FAQ
Can you provide the ChartMill technical rating for VTEX -CLASS A?
ChartMill assigns a technical rating of 6 / 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.
What is the RSI signal for VTEX stock?
VTEX -CLASS A (VTEX) has an RSI value of 59.8593. This indicates that the stock is currently neutral.
What is the short term momentum for VTEX stock?
The short term momentum for VTEX -CLASS A (VTEX) is positive.