BRISTOW GROUP INC (VTOL) Technical Analysis
NYSE:VTOL • US11040G1031
Current stock price
VTOL Technical Rating and Analysis
Taking everything into account, VTOL scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- VTOL is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, of which 61% are performing better than VTOL.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that VTOL is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by VTOL over the past year are nicely spread over this period.
- VTOL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VTOL is performing more or less in line with the market.
- In the last month VTOL has a been trading in the 42.05 - 49.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VTOL Weekly and Daily overview Charts
VTOL Setup Rating and Analysis
VTOL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 43.31, a Stop Loss order could be placed below this zone.
More info and screens
VTOL Support and Resistance Analysis
35.72
We found 5 important support areas.
- A support zone ranging from 42.69 to 43.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.70 from a trend line in the weekly time frame.
- Support @38.48 from a trend line in the weekly time frame.
- Support @37.55 from a trend line in the daily time frame.
- A support zone ranging from 36.08 to 36.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @44.44 from a trend line in the daily time frame.
- A resistance zone ranging from 47.71 to 48.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
VTOL 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 | UP | POSITIVE | The long term trend for VTOL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VTOL is neutral. |
| ChartMill Relative Strength | 88.82 | POSITIVE | VTOL has a high relative strength, it outperformed 88.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VTOL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VTOL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VTOL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.48 | NEUTRAL | The RSI value for VTOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests VTOL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.29 | NEUTRAL | The Stochastics value for VTOL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for VTOL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for VTOL suggests a weak or negative trend. |
VTOL Chart- and CandleStick Pattern Analysis
VTOL 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 |
|---|---|---|---|
| 44.45 | 42.68 | 1.77 (3.98%) | 25.00% |
| An entry @44.45. This is a Buy Stop order right above the resistance zone. | An exit @42.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.77 points, which is 3.98%. | For a 1.00% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VTOL. Please evaluate whether better entry and exit points can be found.
- 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.
VTOL Technicals: Chart, Performance Metrics, Trend & Indicators
44.18
-0.47 (-1.05%)
BRISTOW GROUP INC / VTOL TA FAQ
What is the ChartMill technical rating of BRISTOW GROUP INC (VTOL) stock?
ChartMill assigns a technical rating of 8 / 10 to VTOL.
Can you provide the trend direction for BRISTOW GROUP INC?
The current trend direction for BRISTOW GROUP INC (VTOL) is Bullish.
What is the RSI signal for VTOL stock?
BRISTOW GROUP INC (VTOL) has an RSI value of 48.4787. This indicates that the stock is currently neutral.
What is the MACD signal for BRISTOW GROUP INC (VTOL) stock?
The MACD indicator for BRISTOW GROUP INC (VTOL) has a value of -0.258955, indicating a bearish trend.
Can you provide the support and resistance levels for BRISTOW GROUP INC?
BRISTOW GROUP INC (VTOL) has a support level at 43.31 and a resistance level at 44.44. Check the full technical report for our detailed analysis of VTOL support and resistance levels.