VENTYX BIOSCIENCES INC (VTYX) Stock Technical Analysis
USA - NASDAQ:VTYX - US92332V1070 - Common Stock
2.98 USD
+0.29 (+10.78%)
2.98 USD
0 (0%)
Overall VTYX gets a technical rating of 6 out of 10. In the last year, VTYX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
VTYX 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 VTYX is lagging the market slightly.
In the last month VTYX has a been trading in the 2.25 - 2.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that VTYX is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
VTYX is an average performer in the Pharmaceuticals industry, it outperforms 69% of 196 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VTYX has an average technical rating and it also does not offer a high quality setup 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
2.48
3.31
When analyzing the support we notice one important area.
- A support zone ranging from 2.50 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @3.12 from a horizontal line in the weekly time frame.
- Resistance @3.19 from a horizontal line in the weekly time frame.
- Resistance @3.28 from a horizontal line in the daily 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 VTYX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTYX is up. |
| ChartMill Relative Strength | 85.12 | POSITIVE | VTYX has a high relative strength, it outperformed 85.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VTYX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VTYX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VTYX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.39 | NEUTRAL | The RSI value for VTYX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VTYX has a positive trend. |
| Stochastics (14,3) | 76.85 | NEUTRAL | The Stochastics value for VTYX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.39 | HIGH VOLATILITY | The high ATR as a percentage value for VTYX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for VTYX suggests a weak or negative 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)
2.98
+0.29 (+10.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg10.78%
1 Week29.57%
2 Weeks29.57%
1 Month21.63%
3 Month27.35%
6 Month146.28%
12 Month29%
2 Year-91.42%
3 Year-91.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%6.39%
ATR Inc14.6%
Range Today0.33
ADR(20)0.19
ADR(20)%6.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.12
Mansfield3
10 Day High2.99
10 Day Low2.26
20 Day High2.99
20 Day Low2.26
52 Week High3.39
52 Week Low0.78
CS1 End2.57
CR1 Start3.12
Volume & EV
DER(3)-3.14%
DER(5)-1.48%
Volume947.20K
Volume Incr147.93%
Vol(5)1.28M
Vol(50)738.93K