VIATRIS INC (VTRS) Technical Analysis
NASDAQ:VTRS • US92556V1061
Current stock price
VTRS Technical Rating and Analysis
Taking everything into account, VTRS scores 6 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.
- In the last month VTRS has a been trading in the 13.03 - 15.77 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that VTRS is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by VTRS over the past year are nicely spread over this period.
- VTRS is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 74% of 193 stocks in the same industry.
- VTRS has an average volume of 10512600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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.
- Considerably lower volume is observed in the last couple of days.
VTRS Weekly and Daily overview Charts
VTRS Setup Rating and Analysis
Although the technical rating is only medium, VTRS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.04, a Stop Loss order could be placed below this zone.
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VTRS Support and Resistance Analysis
11.39
We found 3 important support areas.
- A support zone ranging from 13.04 to 13.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.91 from a trend line in the daily time frame.
- Support @11.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.43 to 13.51. 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 | 86.94 | POSITIVE | VTRS has a high relative strength, it outperformed 86.94% 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) | DOWN | NEGATIVE | The current price of VTRS is below a declining 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) | 33.8 | NEUTRAL | The RSI value for VTRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests VTRS has a negative trend. |
| Stochastics (14,3) | 17.97 | OVERSOLD | The low Stochastics value suggests VTRS may be oversold. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for VTRS suggests some volalility. |
| Average Directional Index/ADX (14) | 31.11 | POSITIVE | The high ADX value value for VTRS suggests a strong trend. |
VTRS Chart- and CandleStick Pattern Analysis
VTRS 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 |
|---|---|---|---|
| 13.52 | 13.03 | 0.49 (3.62%) | 25.00% |
| An entry @13.52. This is a Buy Stop order right above the resistance zone. | An exit @13.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.49 points, which is 3.62%. | For a 0.91% 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 VTRS. 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.
VTRS Technicals: Chart, Performance Metrics, Trend & Indicators
13.05
-0.32 (-2.39%)
VIATRIS INC / VTRS TA FAQ
What is the ChartMill technical rating of VIATRIS INC (VTRS) stock?
ChartMill assigns a technical rating of 6 / 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 33.802. 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 13.04 and a resistance level at 13.43. Check the full technical report for our detailed analysis of VTRS support and resistance levels.