VIRCO MFG CORPORATION (VIRC)

US9276511097 - Common Stock

15.83  -0.28 (-1.74%)

After market: 16.12 +0.29 (+1.83%)

Technical Rating and Analysis

10

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

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that VIRC is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, VIRC also shows a nice and consistent pattern of rising prices.
VIRC is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry. VIRC outperforms 91% of them.
VIRC 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 VIRC is lagging the market slightly.
In the last month VIRC has a been trading in the 13.71 - 16.59 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
VIRC Weekly chart
VIRC Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, VIRC also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.84. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

12.80

17.91

We found 5 important support areas.

  • A support zone ranging from 14.83 to 14.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.53 to 14.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.81 to 13.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @13.49 from a horizontal line in the weekly time frame.
  • Support @12.93 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 15.84 to 16.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @16.45 from a horizontal line in the daily time frame.
  • Resistance @17.73 from a horizontal line in the daily time frame.
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
CRS94.24
Mansfield0.92
10 Day High16.49
10 Day Low14.75
20 Day High16.59
20 Day Low13.71
52 Week High18.5
52 Week Low6.26
Performance
1 Week6.82%
2 Weeks2.06%
1 Month14.13%
3 Month-13.21%
6 Month31.15%
12 Month143.54%
2 Year276.91%
3 Year378.25%
5 Year305.9%
10 Year473.55%
15 Year422.44%
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)0.04
RSI(14)57.48
LBB14.5
UBB16.7
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
16.0514.821.23 (7.66%)13.05%
An entry @16.05. This is a Buy Stop order right above the resistance zone.An exit @14.82. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.23 points, which is 7.66%.For a 1.00% total portfolio risk, you can invest 13.05% of your capital in this trade.

  • 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.
VIRC Daily chart

VIRCO MFG CORPORATION

NASDAQ:VIRC (11/22/2024, 8:11:42 PM)

After market: 16.12 +0.29 (+1.83%)

15.83

-0.28 (-1.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.74%
1 Week6.82%
2 Weeks2.06%
1 Month14.13%
3 Month-13.21%
6 Month31.15%
12 Month143.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.82
ATR(20)%4.43%
ATR Inc
Range Today0.61
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.49
10 Day Low14.75
20 Day High16.59
20 Day Low13.71
52 Week High18.5
52 Week Low6.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume78.90K
Volume Incr-20.71%
Vol(5)97.26K
Vol(50)181.13K