V2X INC (VVX) Stock Technical Analysis
NYSE:VVX • US92242T1016
Overall VVX gets a technical rating of 9 out of 10. In the last year, VVX was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month VVX has a been trading in the 62.73 - 71.40 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, VVX did better than 87% of all other stocks. On top of that, VVX also shows a nice and consistent pattern of rising prices.
- VVX 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 VVX is lagging the market slightly.
- VVX is an average performer in the Aerospace & Defense industry, it outperforms 52% of 73 stocks in the same industry.
Besides having an excellent technical rating, VVX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 69.90. Right above this resistance zone may be a good entry point.
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53.20
When analyzing the support we can see 3 important areas.
- Support @63.77 from a horizontal line in the daily time frame.
- A support zone ranging from 56.15 to 56.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 69.90 to 69.90. 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 VVX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VVX is neutral. |
| ChartMill Relative Strength | 87.97 | POSITIVE | VVX has a high relative strength, it outperformed 87.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VVX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VVX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VVX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.16 | NEUTRAL | The RSI value for VVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests VVX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.08 | NEUTRAL | The Stochastics value for VVX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for VVX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.01 | POSITIVE | The high ADX value value for VVX suggests a strong trend. |
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 |
|---|---|---|---|
| 66.13 | 63.76 | 2.37 (3.58%) | 25.00% |
| An entry @66.13. This is a Buy Stop order right above the 10 day moving average. | An exit @63.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.37 points, which is 3.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The distance between exit and entry is rather small compared to the average daily movement of VVX. 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.
65.56
+1.79 (+2.81%)
V2X INC / VVX FAQ
What is the ChartMill technical rating of V2X INC (VVX) stock?
ChartMill assigns a technical rating of 9 / 10 to VVX.
Can you provide the trend direction for V2X INC?
The current trend direction for V2X INC (VVX) is Bullish.
What is the RSI signal for V2X INC (VVX) stock?
V2X INC (VVX) has an RSI value of 51.1559. This indicates that the stock is currently neutral.
What is the support and resistance level for VVX stock?
V2X INC (VVX) has a support level at 63.77 and a resistance level at 69.9. Check the full technical report for our detailed analysis of VVX support and resistance levels.