VALMONT INDUSTRIES (VMI) Stock Technical Analysis
NYSE:VMI - New York Stock Exchange, Inc. - US9202531011 - Common Stock - Currency: USD
Overall VMI 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, VMI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, VMI did better than 90% of all other stocks. On top of that, VMI also shows a nice and consistent pattern of rising prices.
VMI is part of the Construction & Engineering industry. There are 49 other stocks in this industry. VMI outperforms 85% of them.
VMI 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 VMI is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month VMI has a been trading in the 316.49 - 379.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VMI has an excellent technical rating, it does not offer a high 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
242.58
352.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 314.20 to 317.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 294.94 to 302.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @245.03 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @349.09 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.4
Mansfield1.51
10 Day High379.22
10 Day Low316.49
20 Day High379.22
20 Day Low316.49
52 Week High379.22
52 Week Low202.01
Performance
1 Week8.06%
2 Weeks5.52%
1 Month2.01%
3 Month2.04%
6 Month20.82%
12 Month59.39%
2 Year10.01%
3 Year61.28%
5 Year200.36%
10 Year180.05%
15 Year390.28%
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)3.21
RSI(14)57.07
LBB300.22
UBB373.27
349.08
-13.83 (-3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-3.81%
1 Week8.06%
2 Weeks5.52%
1 Month2.01%
3 Month2.04%
6 Month20.82%
12 Month59.39%
2 Year10.01%
3 Year61.28%
5 Year200.36%
10 Year180.05%
15 Year390.28%
Volatility
ATR(14)13.18
ATR(20)%3.38%
ATR Inc49.79%
Range Today19.26
ADR(20)10.48
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.4
Mansfield1.51
10 Day High379.22
10 Day Low316.49
20 Day High379.22
20 Day Low316.49
52 Week High379.22
52 Week Low202.01
CS1 End317.21
CR1 Start349.09
Volume & EV
DER(3)-1.37%
DER(5)-0.54%
Volume113.40K
Volume Incr129.63%
Vol(5)218.92K
Vol(50)127.38K