Viemed Healthcare Inc (VMD.CA) Stock Technical Analysis
TSX:VMD - Toronto Stock Exchange - CA92663R1055 - Common Stock - Currency: CAD
Overall VMD gets a technical rating of 4 out of 10. VMD 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.
VMD is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, VMD outperforms 67% of them, which is more or less in line with the market.
VMD is part of the Health Care Providers & Services industry. There are 17 other stocks in this industry, VMD did better than 62% of them.
In the last month VMD has a been trading in the 9.52 - 11.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
VMD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VMD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.64
11.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.17 to 10.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.89 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.73 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.92 to 11.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.42 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.76
Mansfield-1.87
10 Day High11.13
10 Day Low9.52
20 Day High11.74
20 Day Low9.52
52 Week High16.25
52 Week Low8.14
Performance
1 Week2.45%
2 Weeks-4.83%
1 Month-2.7%
3 Month8.29%
6 Month-14.97%
12 Month3.88%
2 Year58.33%
3 Year5.03%
5 Year99.81%
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)-0.08
RSI(14)51.63
LBB9.75
UBB11.28
TSX:VMD (12/21/2023, 7:00:00 PM)
10.45
+0.29 (+2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.85%
1 Week2.45%
2 Weeks-4.83%
1 Month-2.7%
3 Month8.29%
6 Month-14.97%
12 Month3.88%
2 Year58.33%
3 Year5.03%
5 Year99.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%4.56%
ATR Inc-39.42%
Range Today0.3
ADR(20)0.47
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.76
Mansfield-1.87
10 Day High11.13
10 Day Low9.52
20 Day High11.74
20 Day Low9.52
52 Week High16.25
52 Week Low8.14
CS1 End10.36
CR1 Start10.92
Volume & EV
DER(3)4.77%
DER(5)6.44%
Volume22.19K
Volume Incr70.17%
Vol(5)46.86K
Vol(50)30.46K