VISTAGEN THERAPEUTICS INC (VTGN) Stock Technical Analysis
NASDAQ:VTGN - US92840H4002 - Common Stock
3.17 USD
+0.11 (+3.59%)
3.23 USD
+0.06 (+1.89%)
We assign a technical rating of 8 out of 10 to VTGN. Although VTGN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, VTGN turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
VTGN is part of the Biotechnology industry. There are 549 other stocks in this industry, VTGN did better than 62% of them.
VTGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VTGN is lagging the market.
In the last month VTGN has a been trading in the 2.70 - 3.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, VTGN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.08, a Stop Loss order could be placed below this zone.
More info and screens
2.69
3.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.01 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.72 to 2.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.32 to 3.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for VTGN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTGN is up. |
| ChartMill Relative Strength | 59.93 | NEUTRAL | VTGN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VTGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VTGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VTGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.22 | NEUTRAL | The RSI value for VTGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VTGN has a negative trend. |
| Stochastics (14,3) | 46.19 | NEUTRAL | The Stochastics value for VTGN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.71 | HIGH VOLATILITY | The high ATR as a percentage value for VTGN suggests high volalility. |
| Average Directional Index/ADX (14) | 33.75 | POSITIVE | The high ADX value value for VTGN 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)
3.17
+0.11 (+3.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.59%
1 Week-4.23%
2 Weeks6.73%
1 Month2.92%
3 Month31.54%
6 Month8.19%
12 Month-13.62%
2 Year-40.53%
3 Year-42.57%
5 Year-84.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%7.71%
ATR Inc-20.96%
Range Today0.2
ADR(20)0.24
ADR(20)%7.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.93
Mansfield0.58
10 Day High3.58
10 Day Low2.81
20 Day High3.58
20 Day Low2.7
52 Week High3.76
52 Week Low1.9
CS1 End3.08
CR1 Start3.32
Volume & EV
DER(3)-7.04%
DER(5)-5.29%
Volume205.60K
Volume Incr-18.86%
Vol(5)535.18K
Vol(50)473.05K