VERACYTE INC (VCYT)

US92337F1075 - Common Stock

40.89  +1.82 (+4.66%)

After market: 40.89 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to VCYT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VCYT is showing a nice and steady performance.

In the last month VCYT has a been trading in the 38.13 - 46.00 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
VCYT is part of the Biotechnology industry. There are 565 other stocks in this industry. VCYT outperforms 86% of them.
VCYT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VCYT is performing more or less in line with the market.
Looking at the yearly performance, VCYT did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
VCYT Weekly chart
VCYT Daily chart
Setup Rating and Analysis

3

Although VCYT has an excellent technical rating, it 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.

Support and Resistance Analysis

19.52

44.85

4 important support areas can be observed.

  • Support @39.06 from a horizontal line in the daily time frame.
  • Support @37.27 from a trend line in the daily time frame.
  • Support @23.77 from a trend line in the daily time frame.
  • Support @19.72 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 44.14 to 44.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.57
Mansfield3.66
10 Day High45.08
10 Day Low38.44
20 Day High46
20 Day Low38.13
52 Week High46
52 Week Low18.61
Performance
1 Week-5.39%
2 Weeks-7.34%
1 Month5.01%
3 Month17.4%
6 Month81.41%
12 Month44.64%
2 Year72.31%
3 Year-0.75%
5 Year46.45%
10 Year323.29%
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)49.95
LBB39.42
UBB45.82
VCYT Daily chart

VERACYTE INC

NASDAQ:VCYT (12/20/2024, 8:00:01 PM)

After market: 40.89 0 (0%)

40.89

+1.82 (+4.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.66%
1 Week-5.39%
2 Weeks-7.34%
1 Month5.01%
3 Month17.4%
6 Month81.41%
12 Month44.64%
2 Year72.31%
3 Year-0.75%
5 Year46.45%
10 Year323.29%
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%4.56%
ATR Inc10.79%
Range Today2.94
ADR(20)1.75
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.57
Mansfield3.66
10 Day High45.08
10 Day Low38.44
20 Day High46
20 Day Low38.13
52 Week High46
52 Week Low18.61
CS1 End39.06
CR1 Start44.14
Volume & EV
DER(3)-3.23%
DER(5)-2.52%
Volume2.01M
Volume Incr15.23%
Vol(5)924.44K
Vol(50)792.25K