NYSEARCA:VKI - NYSE Arca - US46132E1038 - Currency: USD
We assign a technical rating of 1 out of 10 to VKI. VKI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, VKI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VKI in the last couple of days, which is a good sign.
7.96
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
8.3616
+0.01 (+0.14%)