VIRTRA INC (VTSI) Stock Technical Analysis
NASDAQ:VTSI - Nasdaq - US92827K3014 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to VTSI. Although VTSI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
VTSI is one of the lesser performing stocks in the Aerospace & Defense industry. 62% of 67 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
VTSI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VTSI is lagging the market slightly.
VTSI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Looking at the yearly performance, VTSI did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
VTSI has an excellent technical rating, but 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
6.10
7.38
We found 4 important support areas.
- A support zone ranging from 6.96 to 7.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.76 from a trend line in the weekly time frame.
- A support zone ranging from 6.37 to 6.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.16 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.28 to 7.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 VTSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTSI is up. |
| ChartMill Relative Strength | 77.16 | POSITIVE | VTSI has a high relative strength, it outperformed 77.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VTSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VTSI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VTSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.11 | NEUTRAL | The RSI value for VTSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VTSI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.33 | NEUTRAL | The Stochastics value for VTSI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for VTSI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.65 | POSITIVE | The high ADX value value for VTSI suggests a strong 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)
7.27
+0.27 (+3.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg3.86%
1 Week-0.41%
2 Weeks17.83%
1 Month12.89%
3 Month22.6%
6 Month18.21%
12 Month3.56%
2 Year11.85%
3 Year36.65%
5 Year112.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%4.82%
ATR Inc4.76%
Range Today0.44
ADR(20)0.34
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.16
Mansfield0.98
10 Day High7.47
10 Day Low6.11
20 Day High7.47
20 Day Low5.81
52 Week High8.53
52 Week Low3.57
CS1 End7.02
CR1 Start7.28
Volume & EV
DER(3)1.09%
DER(5)-0.49%
Volume108.20K
Volume Incr-6.87%
Vol(5)65.84K
Vol(50)110.42K