VALEANT PHARMACEUTICALS INTL I (VRX) Stock Technical Analysis
NYSE:VRX - New York Stock Exchange, Inc. - CA91911K1021
Taking everything into account, VRX scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month VRX has a been trading in the 22.56 - 27.11 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
VRX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VRX is performing more or less in line with the market.
VRX has an average volume of 8815690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VRX did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Besides having an excellent technical rating, VRX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
15.23
27.13
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.37 to 23.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.81 to 22.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.75 from a trend line in the daily time frame.
- Support @15.38 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.69 to 26.86. 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
CRS90.59
Mansfield2.42
10 Day High24.43
10 Day Low22.76
20 Day High27.11
20 Day Low22.56
52 Week High27.79
52 Week Low10.94
Performance
1 Week1.92%
2 Weeks0.13%
1 Month-12.69%
3 Month36.44%
6 Month-1.85%
12 Month35.73%
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)-0.08
RSI(14)49.33
LBB22.52
UBB24.1
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 |
|---|---|---|---|
| 24.44 | 23.36 | 1.08 (4.42%) | 22.63% |
| An entry @24.44. This is a Buy Stop order right above the 10 day high. | An exit @23.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.08 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.63% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VRX. Please evaluate whether better entry and exit points can be found.
- 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.
23.4
-0.83 (-3.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.43%
1 Week1.92%
2 Weeks0.13%
1 Month-12.69%
3 Month36.44%
6 Month-1.85%
12 Month35.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%4%
ATR Inc13.67%
Range Today1.07
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
CRS90.59
Mansfield2.42
10 Day High24.43
10 Day Low22.76
20 Day High27.11
20 Day Low22.56
52 Week High27.79
52 Week Low10.94
CS1 End23.38
CR1 Start26.69
Volume & EV
DER(3)-0.72%
DER(5)0.02%
Volume6.57M
Volume Incr-23.22%
Vol(5)5.82M
Vol(50)8.82M