Logo image of VLON

VALLON PHARMACEUTICALS INC (VLON) Stock Technical Analysis

NASDAQ:VLON - Nasdaq - US92023M1018 - Common Stock - Currency: USD

0.4  -0.06 (-13.04%)

After market: 0.3901 -0.01 (-2.48%)

Technical Rating and Analysis

3

Taking everything into account, VLON scores 3 out of 10 in our technical rating. VLON performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

77% of all other stocks performed better in the past year than VLON.
VLON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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.
VLON has an average volume of 8572580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
VLON is an average performer in the Pharmaceuticals industry, it outperforms 58% of 194 stocks in the same industry.
In the last month VLON has a been trading in the 0.32 - 0.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
VALLON PHARMACEUTICALS INC / VLON Weekly stock chart
VALLON PHARMACEUTICALS INC / VLON Daily stock chart
Setup Rating and Analysis

8

VLON has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for VLON in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

0.26

0.40

4 important support areas can be observed.

  • Support @0.38 from a trend line in the daily time frame.
  • A support zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.33 from a trend line in the daily time frame.
  • Support @0.26 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
CRS23.1
Mansfield-1.12
10 Day High0.55
10 Day Low0.36
20 Day High0.55
20 Day Low0.32
52 Week High2.17
52 Week Low0.21
Performance
1 Week10.5%
2 Weeks1.76%
1 Month-2.44%
3 Month36.75%
6 Month24.22%
12 Month-82.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)0.01
RSI(14)48.16
LBB0.31
UBB0.51
VALLON PHARMACEUTICALS INC / VLON Daily stock chart

VALLON PHARMACEUTICALS INC

NASDAQ:VLON (4/21/2023, 8:04:53 PM)

After market: 0.3901 -0.01 (-2.48%)

0.4

-0.06 (-13.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-13.04%
1 Week10.5%
2 Weeks1.76%
1 Month-2.44%
3 Month36.75%
6 Month24.22%
12 Month-82.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%15.59%
ATR Inc44.34%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.1
Mansfield-1.12
10 Day High0.55
10 Day Low0.36
20 Day High0.55
20 Day Low0.32
52 Week High2.17
52 Week Low0.21
CS1 End0.38
CR1 StartN/A
Volume & EV
DER(3)3.97%
DER(5)2.79%
Volume1.11M
Volume Incr268.59%
Vol(5)1.55M
Vol(50)8.57M