Technical Analysis for VAR - Varian Medical Systems, Inc.

Grade Last Price % Change Price Change
grade A 125.35 0.54% 0.67
VAR closed up 0.54 percent on Wednesday, January 16, 2019, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 23

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical VAR trend table...

Date Alert Name Type % Chg
Jan 16 Shooting Star Candlestick Bearish 0.00%
Jan 16 Lizard Bearish Bearish Day Trade Setup 0.00%
Jan 16 Cup with Handle Other 0.00%
Jan 16 Doji - Bearish? Reversal 0.00%
Jan 16 Gapped Up Strength 0.00%
Jan 16 Overbought Stochastic Strength 0.00%
Jan 15 180 Bullish Setup Bullish Swing Setup 0.54%
Jan 15 Cup with Handle Other 0.54%
Jan 15 Narrow Range Bar Range Contraction 0.54%
Jan 15 NR7 Range Contraction 0.54%

Older signals for VAR ...

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Profile
Varian Medical Systems, Inc. designs, manufactures, sells, and services medical devices and software for treating cancer with radiotherapy, radiosurgery, proton therapy, and brachytherapy worldwide. The company's Oncology Systems segment offers linear accelerators, brachytherapy afterloaders, treatment simulation and verification equipment, and accessories; and information management, treatment planning, and image processing software. This segment serves university research and community hospitals, private and governmental institutions, healthcare agencies, physicians' offices, and cancer care clinics. Its X-ray Products segment provides X-ray imaging components to large imaging system original equipment manufacturers (OEMs) for use in radiographic or fluoroscopic imaging, mammography, special procedures, computed tomography, and industrial applications; and X-ray tubes and flat panel digital image detectors to small OEMs, independent service companies, and end-users for filmless X-ray imaging. The company also designs, manufactures, sells, and services Linatron X-ray accelerators, imaging processing software, and image detection products for security and inspection purposes, such as cargo screening at ports and borders, and nondestructive examination in various applications. In addition, it offers products and systems for delivering proton therapy; and technologies in the areas of digital X-ray imaging technology, volumetric and functional imaging, and improved X-ray sources, as well as technology for security and cargo screening applications. The company was formerly known as Varian Associates, Inc. and changed its name to Varian Medical Systems, Inc. in April 1999. Varian Medical Systems, Inc. was founded in 1948 and is headquartered in Palo Alto, California.
Is VAR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 130.29
52 Week Low 101.42
Average Volume 760,428
200-Day Moving Average 116.002
50-Day Moving Average 118.2434
20-Day Moving Average 116.6945
10-Day Moving Average 121.977
Average True Range 3.1361
ADX 22.17
+DI 35.3361
-DI 17.2756
Chandelier Exit (Long, 3 ATRs ) 117.6717
Chandelier Exit (Short, 3 ATRs ) 114.7283
Upper Bollinger Band 129.5441
Lower Bollinger Band 103.8449
Percent B (%b) 0.84
BandWidth 22.022632
MACD Line 2.4248
MACD Signal Line 1.1926
MACD Histogram 1.2322
Fundamentals Value
Market Cap 11.5 Billion
Num Shares 91.8 Million
EPS 3.04
Price-to-Earnings (P/E) Ratio 41.23
Price-to-Sales 2.93
Price-to-Book 6.89
PEG Ratio 3.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 128.19
Resistance 3 (R3) 128.45 127.76 127.71
Resistance 2 (R2) 127.76 127.04 127.63 127.55
Resistance 1 (R1) 126.56 126.60 127.16 126.30 127.40
Pivot Point 125.87 125.87 126.18 125.74 125.87
Support 1 (S1) 124.67 125.15 125.27 124.41 123.30
Support 2 (S2) 123.98 124.71 123.85 123.15
Support 3 (S3) 122.78 123.98 122.99
Support 4 (S4) 122.52