VALVOLINE INC (VVV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VVV - US92047W1018 - Common Stock
32.22 USD
+0.71 (+2.25%)
31.58 USD
-0.64 (-1.99%)
We assign a technical rating of 1 out of 10 to VVV. VVV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, VVV is a bad performer in the overall market: 77% of all stocks are doing better.
VVV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month VVV has a been trading in the 28.50 - 32.23 range, which is quite wide. It is currently trading near the high of this range.
VVV has an average volume of 2464410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VVV is part of the Specialty Retail industry. There are 122 other stocks in this industry, VVV did better than 47% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of VVV is bad and it also does not present a 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
28.58
40.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.48 to 31.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.87 to 28.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.23 to 32.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.90 from a trend line in the weekly time frame.
- A resistance zone ranging from 39.68 to 39.72. 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 | DOWN | NEGATIVE | The long term trend for VVV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VVV is neutral. |
| ChartMill Relative Strength | 23.81 | NEGATIVE | VVV has a low relative strength, it was outperformed by 76.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VVV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VVV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VVV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.68 | NEUTRAL | The RSI value for VVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests VVV has a positive trend. |
| Stochastics (14,3) | 86.15 | OVERBOUGHT | The high Stochastics value suggests VVV may be overbought. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for VVV suggests some volalility. |
| Average Directional Index/ADX (14) | 25.58 | POSITIVE | The high ADX value value for VVV 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)
32.22
+0.71 (+2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.25%
1 Week11.6%
2 Weeks6.27%
1 Month4%
3 Month-3.16%
6 Month-16.49%
12 Month-7.25%
2 Year-11.7%
3 Year-12.11%
5 Year35.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%2.78%
ATR Inc58.02%
Range Today0.67
ADR(20)0.87
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.81
3 months CRS27.88
6 months CRS16.26
Mansfield-1.86
10 Day High32.23
10 Day Low28.5
20 Day High32.23
20 Day Low28.5
52 Week High41.33
52 Week Low28.5
CS1 End31.76
CR1 Start32.23
Volume & EV
DER(3)2.95%
DER(5)2.45%
Volume1.98M
Volume Incr-25.1%
Vol(5)2.13M
Vol(50)2.46M
VALVOLINE INC / VVV FAQ
Can you provide the ChartMill technical rating for VALVOLINE INC?
ChartMill assigns a technical rating of 1 / 10 to VVV.
What is the current trend direction of VALVOLINE INC (VVV) stock?
The current trend direction for VALVOLINE INC (VVV) is Bearish.
Can you provide the RSI signal for VALVOLINE INC?
VALVOLINE INC (VVV) has an RSI value of 62.6825. This indicates that the stock is currently neutral.
What is the MACD signal for VALVOLINE INC (VVV) stock?
The MACD indicator for VALVOLINE INC (VVV) has a value of 0.311418, indicating a bearish trend.