VERACYTE INC (VCYT) Stock Technical Analysis
NASDAQ:VCYT - Nasdaq - US92337F1075 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to VCYT. Although VCYT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month VCYT has a been trading in the 32.27 - 46.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VCYT is part of the Biotechnology industry. There are 571 other stocks in this industry. VCYT outperforms 85% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, VCYT did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
VCYT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of VCYT 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
19.52
39.40
When analyzing the support we notice one important area.
- Support @19.72 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.95 to 32.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.73 to 39.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.8
Mansfield0.45
10 Day High42.21
10 Day Low32.27
20 Day High46.5
20 Day Low32.27
52 Week High47.32
52 Week Low18.61
Performance
1 Week-7.23%
2 Weeks-21.73%
1 Month-24.66%
3 Month-25.31%
6 Month15.37%
12 Month45.07%
2 Year47.8%
3 Year19.55%
5 Year35.58%
10 Year352.75%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.69
RSI(14)33.81
LBB30.59
UBB43.84
NASDAQ:VCYT (3/6/2025, 1:57:38 PM)
32.32
-0.64 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.94%
1 Week-7.23%
2 Weeks-21.73%
1 Month-24.66%
3 Month-25.31%
6 Month15.37%
12 Month45.07%
2 Year47.8%
3 Year19.55%
5 Year35.58%
10 Year352.75%
15 YearN/A
Volatility
ATR(14)2.44
ATR(20)%7.18%
ATR Inc-19.95%
Range Today1.7
ADR(20)2.32
ADR(20)%7.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.8
Mansfield0.45
10 Day High42.21
10 Day Low32.27
20 Day High46.5
20 Day Low32.27
52 Week High47.32
52 Week Low18.61
CS1 End32.95
CR1 Start38.73
Volume & EV
DER(3)-0.72%
DER(5)-2.29%
Volume361.21K
Volume Incr46.68%
Vol(5)1.33M
Vol(50)880.11K