VENTYX BIOSCIENCES INC (VTYX) Stock Technical Analysis
NASDAQ:VTYX - Nasdaq - US92332V1070 - Common Stock - Currency: USD
Overall VTYX gets a technical rating of 8 out of 10. VTYX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
VTYX is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. VTYX outperforms 91% of them.
In the last month VTYX has a been trading in the 1.20 - 2.75 range, which is quite wide. It is currently trading near the high of this range.
VTYX has an average volume of 1559950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VTYX did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
VTYX 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 VTYX is lagging the market slightly.
Although VTYX 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
2.41
2.69
We found 1 important support area.
- Support @2.43 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.64 to 2.66. This zone is formed by a combination of multiple trend lines 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 | 91.88 | POSITIVE | VTYX has a high relative strength, it outperformed 91.88% 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) | UP | POSITIVE | The current price of VTYX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VTYX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.52 | OVERBOUGHT | The high RSI value suggests VTYX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VTYX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.97 | NEUTRAL | The Stochastics value for VTYX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for VTYX suggests high volalility. |
| Average Directional Index/ADX (14) | 42.57 | POSITIVE | The high ADX value value for VTYX 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)
2.56
+0.07 (+2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.81%
1 Week4.07%
2 Weeks50.59%
1 Month111.57%
3 Month81.56%
6 Month12.28%
12 Month-11.11%
2 Year-92.2%
3 Year-79.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%8.13%
ATR Inc-6.82%
Range Today0.18
ADR(20)0.2
ADR(20)%7.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.88
Mansfield2.31
10 Day High2.75
10 Day Low1.69
20 Day High2.75
20 Day Low1.2
52 Week High3.39
52 Week Low0.78
CS1 End2.43
CR1 Start2.64
Volume & EV
DER(3)2.44%
DER(5)5.02%
Volume844.10K
Volume Incr-15.88%
Vol(5)1.66M
Vol(50)1.56M