VTEX -CLASS A (VTEX) Stock Technical Analysis
NYSE:VTEX • KYG9470A1022
Taking everything into account, VTEX scores 0 out of 10 in our technical rating. VTEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 91% of all other stocks performed better in the past year than VTEX.
- VTEX is part of the IT Services industry. There are 87 other stocks in this industry, of which 63% 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.
- VTEX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, VTEX does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for VTEX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.01
We found 1 important support area.
- Support @3.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.17 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.92 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 | 9.91 | NEGATIVE | VTEX has a low relative strength, it was outperformed by 90.09% 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) | 39.83 | NEUTRAL | The RSI value for VTEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VTEX has a positive trend. |
| Stochastics (14,3) | 38.52 | 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) | 48.41 | POSITIVE | The high ADX value value for VTEX suggests a strong trend. |
3.16
+0.06 (+1.94%)
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 39.8281. 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 support level at 3.04 and a resistance level at 3.17. Check the full technical report for our detailed analysis of VTEX support and resistance levels.