BRISTOW GROUP INC (VTOL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VTOL - US11040G1031 - Common Stock
We assign a technical rating of 2 out of 10 to VTOL. VTOL was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
VTOL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 37.29, a Stop Loss order could be placed below this zone.
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27.69
We found 2 important support areas.
- A support zone ranging from 36.07 to 37.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.97 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 37.63 to 38.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.81 from a horizontal line in the weekly time frame.
- Resistance @40.71 from a horizontal 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 | UP | POSITIVE | The long term trend for VTOL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VTOL is down. |
| ChartMill Relative Strength | 37.65 | NEUTRAL | VTOL is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of VTOL is below a declining 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) | 47.65 | NEUTRAL | The RSI value for VTOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests VTOL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.98 | NEUTRAL | The Stochastics value for VTOL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for VTOL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.72 | NEGATIVE | The low ADX value for VTOL suggests a weak or negative trend. |
37.51
+0.19 (+0.51%)
BRISTOW GROUP INC / VTOL FAQ
What is the ChartMill technical rating of BRISTOW GROUP INC (VTOL) stock?
ChartMill assigns a technical rating of 2 / 10 to VTOL.
What is the current trend direction of BRISTOW GROUP INC (VTOL) stock?
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 47.6509. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRISTOW GROUP INC?
The MACD indicator for BRISTOW GROUP INC (VTOL) has a value of -0.0850783, indicating a bearish trend.
What is the support and resistance level for VTOL stock?
BRISTOW GROUP INC (VTOL) has a support level at 37.29 and a resistance level at 37.63. Check the full technical report for our detailed analysis of VTOL support and resistance levels.