VIATRIS INC (VTRS) Stock Technical Analysis
USA - NASDAQ:VTRS - US92556V1061 - Common Stock
10.13 USD
-0.06 (-0.59%)
10.1883 USD
+0.06 (+0.58%)
Taking everything into account, VTRS scores 4 out of 10 in our technical rating. VTRS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
64% of all other stocks performed better in the past year than VTRS.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
VTRS has an average volume of 9832990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VTRS is an average performer in the Pharmaceuticals industry, it outperforms 51% of 196 stocks in the same industry.
VTRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VTRS is lagging the market.
In the last month VTRS has a been trading in the 9.43 - 10.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VTRS has an average technical rating and also the quality of the setup is only medium 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
8.64
13.67
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.84 to 9.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.51 to 9.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.19 from a trend line in the daily time frame.
- A support zone ranging from 8.73 to 8.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.16 to 10.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.66 to 10.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.53 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 | NEUTRAL | NEUTRAL | The long term trend for VTRS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTRS is up. |
| ChartMill Relative Strength | 36.01 | NEUTRAL | VTRS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VTRS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VTRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VTRS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.61 | NEUTRAL | The RSI value for VTRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VTRS has a positive trend. |
| Stochastics (14,3) | 81.49 | OVERBOUGHT | The high Stochastics value suggests VTRS may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for VTRS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for VTRS 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)
10.13
-0.06 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.59%
1 Week5.3%
2 Weeks3.47%
1 Month-2.78%
3 Month11.07%
6 Month34.35%
12 Month-10.98%
2 Year13.82%
3 Year0%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.48%
ATR Inc-15.31%
Range Today0.12
ADR(20)0.25
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.01
Mansfield-1.13
10 Day High10.38
10 Day Low9.43
20 Day High10.55
20 Day Low9.43
52 Week High13.55
52 Week Low6.85
CS1 End9.96
CR1 Start10.16
Volume & EV
DER(3)1.2%
DER(5)3.1%
Volume7.15M
Volume Incr-28.51%
Vol(5)7.94M
Vol(50)9.83M