VIATRIS INC (VTRS) Technical Analysis
NASDAQ:VTRS • US92556V1061
Current stock price
VTRS Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to VTRS. In the last year, VTRS was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month VTRS has a been trading in the 13.05 - 16.47 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, VTRS did better than 87% of all other stocks. We also observe that the gains produced by VTRS over the past year are nicely spread over this period.
- VTRS is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. VTRS outperforms 76% of them.
- VTRS has an average volume of 10873200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- VTRS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VTRS is lagging the market slightly.
VTRS Weekly and Daily overview Charts
VTRS Setup Rating and Analysis
Although VTRS has an excellent technical rating, it does not present a decent entry opportunity 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
VTRS Support and Resistance Analysis
11.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.19 to 13.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.82 from a trend line in the daily time frame.
- Support @11.43 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.55 to 13.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
VTRS 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 VTRS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VTRS is down. |
| ChartMill Relative Strength | 87.54 | POSITIVE | VTRS has a high relative strength, it outperformed 87.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VTRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VTRS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VTRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.25 | NEUTRAL | The RSI value for VTRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests VTRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.32 | OVERSOLD | The low Stochastics value suggests VTRS may be oversold. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for VTRS suggests some volalility. |
| Average Directional Index/ADX (14) | 30.74 | POSITIVE | The high ADX value value for VTRS suggests a strong trend. |
VTRS Chart- and CandleStick Pattern Analysis
VTRS Technicals: Chart, Performance Metrics, Trend & Indicators
13.2
-0.3 (-2.22%)
VIATRIS INC / VTRS TA FAQ
What is the ChartMill technical rating of VIATRIS INC (VTRS) stock?
ChartMill assigns a technical rating of 7 / 10 to VTRS.
What is the trend direction for VTRS stock?
The current trend direction for VIATRIS INC (VTRS) is Bullish.
What is the RSI signal for VTRS stock?
VIATRIS INC (VTRS) has an RSI value of 33.2538. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for VIATRIS INC?
The buy/sell signal for VIATRIS INC (VTRS) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for VIATRIS INC (VTRS) stock?
VIATRIS INC (VTRS) has a support level at 13.19 and a resistance level at 13.55. Check the full technical report for our detailed analysis of VTRS support and resistance levels.