VIRAX BIOLABS GROUP LTD (VRAX)
KYG9495L1251 - Common Stock
Taking everything into account, VRAX scores 7 out of 10 in our technical rating. In the last year, VRAX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
VRAX 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
VRAX is part of the Health Care Providers & Services industry. There are 115 other stocks in this industry. VRAX outperforms 85% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
VRAX has an average volume of 7495540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that VRAX is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month VRAX has a been trading in the 1.46 - 3.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VRAX has an excellent technical rating, the quality of the presented setup is not ideal 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
1.39
2.31
3 important support areas can be observed.
- A support zone ranging from 2.18 to 2.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.59 from a trend line in the daily time frame.
- Support @1.40 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.29 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
CRS89.6
Mansfield2.75
10 Day High3.62
10 Day Low1.46
20 Day High3.62
20 Day Low1.46
52 Week High9
52 Week Low0.6
Performance
1 Week35.58%
2 Weeks22.1%
1 Month13.92%
3 Month95.58%
6 Month259.99%
12 Month-13.03%
2 Year-85.36%
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)0.12
RSI(14)52.51
LBB1.21
UBB2.57
VIRAX BIOLABS GROUP LTD
NASDAQ:VRAX (10/28/2024, 8:00:03 PM)
After market: 2.2 -0.01 (-0.45%)2.21
-0.07 (-3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.07%
1 Week35.58%
2 Weeks22.1%
1 Month13.92%
3 Month95.58%
6 Month259.99%
12 Month-13.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%15%
ATR Inc
Range Today0.18
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 High3.62
10 Day Low1.46
20 Day High3.62
20 Day Low1.46
52 Week High9
52 Week Low0.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume275.60K
Volume Incr5297.67%
Vol(5)18.92M
Vol(50)7.50M