VENTURE GLOBAL INC-CL A (VG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VG - US92333F1012 - Common Stock
Taking everything into account, VG scores 0 out of 10 in our technical rating. VG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of VG 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
6.09
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.59 to 6.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.51 to 11.55. 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 VG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | VG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.97 | NEUTRAL | The RSI value for VG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.59 | OVERSOLD | The low Stochastics value suggests VG may be oversold. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for VG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.41 | POSITIVE | The high ADX value value for VG suggests a strong trend. |
6.15
-0.09 (-1.44%)
VENTURE GLOBAL INC-CL A / VG FAQ
Can you provide the ChartMill technical rating for VENTURE GLOBAL INC-CL A?
ChartMill assigns a technical rating of 0 / 10 to VG.
Can you provide the trend direction for VENTURE GLOBAL INC-CL A?
The current trend direction for VENTURE GLOBAL INC-CL A (VG) is Bearish.
Can you provide the RSI signal for VENTURE GLOBAL INC-CL A?
VENTURE GLOBAL INC-CL A (VG) has an RSI value of 31.9706. This indicates that the stock is currently neutral.
What is the short term momentum for VG stock?
The short term momentum for VENTURE GLOBAL INC-CL A (VG) is negative.
What is the buy/sell signal for VENTURE GLOBAL INC-CL A (VG) stock?
The buy/sell signal for VENTURE GLOBAL INC-CL A (VG) is sell as both the short term and long term trends are negative.