Veritiv Corporation (VRTV) Stock Technical Analysis
NYSE:VRTV - New York Stock Exchange, Inc. - US9234541020 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to VRTV. Both in the recent history as in the last year, VRTV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
VRTV is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry. VRTV outperforms 83% of them.
A new 52 week high is currently being made by VRTV, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
Looking at the yearly performance, VRTV did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month VRTV has a been trading in a tight range between 169.36 and 170.02.
Volume is considerably higher in the last couple of days.
VRTV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 170.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 169.90, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
115.87
171.70
2 important support areas can be observed.
- A support zone ranging from 166.35 to 169.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 170.00 to 170.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.09
Mansfield1.31
10 Day High170.02
10 Day Low169.62
20 Day High170.02
20 Day Low169.36
52 Week High170.02
52 Week Low101.5
Performance
1 Week0.05%
2 Weeks0.14%
1 Month0.34%
3 Month1.12%
6 Month49.65%
12 Month23.71%
2 Year34.87%
3 Year814.91%
5 Year460.1%
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)-0.03
RSI(14)74.22
LBB169.6
UBB170.08
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 170.01 | 169.61 | 0.40 (0.24%) | 25.00% |
| An entry @170.01. This is a Buy Stop order right above the resistance zone. | An exit @169.61. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.40 points, which is 0.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.06%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
169.99
+0.03 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.02%
1 Week0.05%
2 Weeks0.14%
1 Month0.34%
3 Month1.12%
6 Month49.65%
12 Month23.71%
2 Year34.87%
3 Year814.91%
5 Year460.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.1%
ATR Inc-69.43%
Range Today0.05
ADR(20)0.15
ADR(20)%0.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.09
Mansfield1.31
10 Day High170.02
10 Day Low169.62
20 Day High170.02
20 Day Low169.36
52 Week High170.02
52 Week Low101.5
CS1 End169.9
CR1 Start170
Volume & EV
DER(3)-2.73%
DER(5)0.14%
Volume1.22M
Volume Incr174.34%
Vol(5)375.50K
Vol(50)144.98K