VISTAGEN THERAPEUTICS INC (VTGN) Stock Technical Analysis
NASDAQ:VTGN - Nasdaq - US92840H4002 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to VTGN. In the past year, VTGN 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.
88% of all other stocks performed better in the past year than VTGN.
VTGN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
VTGN is an average performer in the Biotechnology industry, it outperforms 43% of 558 stocks in the same industry.
In the last month VTGN has a been trading in the 1.94 - 2.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VTGN has an average technical rating and it also does not offer a high quality setup 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
2.34
2.83
When analyzing the support we notice one important area.
- A support zone ranging from 2.36 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @2.59 from a horizontal line in the weekly time frame.
- Resistance @2.64 from a horizontal line in the daily time frame.
- Resistance @2.75 from a trend line in the daily time frame.
- Resistance @2.80 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 VTGN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTGN is up. |
| ChartMill Relative Strength | 12.53 | NEGATIVE | VTGN has a low relative strength, it was outperformed by 87.47% off all stocks 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) | DOWN | NEGATIVE | The current price of VTGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.73 | NEUTRAL | The RSI value for VTGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VTGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.64 | NEUTRAL | The Stochastics value for VTGN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for VTGN suggests high volalility. |
| Average Directional Index/ADX (14) | 20.3 | NEUTRAL | The ADX value for VTGN suggests a possible start of a new 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)
2.38
-0.05 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.06%
1 Week19%
2 Weeks16.1%
1 Month0.85%
3 Month12.26%
6 Month-19.87%
12 Month-38.02%
2 Year30.77%
3 Year-44.56%
5 Year-91.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.96%
ATR Inc-22.55%
Range Today0.14
ADR(20)0.16
ADR(20)%6.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.53
Mansfield-2.11
10 Day High2.63
10 Day Low1.96
20 Day High2.63
20 Day Low1.94
52 Week High4.01
52 Week Low1.9
CS1 End2.37
CR1 Start2.59
Volume & EV
DER(3)-18.14%
DER(5)-8.36%
Volume195.70K
Volume Incr200.02%
Vol(5)581.70K
Vol(50)207.07K