Technical Analysis for VMI - Valmont Industries, Inc.

Grade Last Price % Change Price Change
F 212.63 -0.42% -0.90
VMI closed down 0.42 percent on Wednesday, April 24, 2024, on 82 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness -0.42%
Oversold Stochastic Weakness 0.43%
Lower Bollinger Band Walk Weakness -0.27%
Earnings Movers Other -0.27%
Oversold Stochastic Weakness -0.27%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 7 hours ago
Rose Above 10 DMA about 7 hours ago
Possible NR7 about 7 hours ago
Possible Inside Day about 7 hours ago
60 Minute Opening Range Breakdown about 10 hours ago

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Profile

Valmont Industries, Inc. Description

Valmont Industries, Inc. produces and sells fabricated metal products in the United States, Australia, China, France, and internationally. It operates in four segments: Engineered Infrastructure Products, Utility Support Structures, Coatings, and Irrigation. The Engineered Infrastructure Products segment manufactures engineered metal structures and components for the lighting and traffic, wireless communication, roadway safety, and access systems applications. This segment produces steel and aluminum poles, towers, and other structures. The Utility Support Structures segment manufactures engineered steel and concrete structures for electrical transmission and distribution lines and related power distribution equipment. The Coatings segment provides galvanizing, anodizing, powder coating, and e-coating services. The Irrigation segment produces mechanical irrigation equipment and related service parts under the Valley brand for the agriculture industry. The company also manufactures forged steel grinding media for the mining industry; tubular products for industrial customers; and electrolytic manganese dioxide for disposable batteries, as well as distributes industrial fasteners. It also serves state and federal governments, contractors, utility and telecommunications companies, manufacturers of commercial lighting fixtures, and large farms, as well as the general manufacturing sectors. The company was founded in 1946 and is headquartered in Omaha, Nebraska.


Classification

Sector: Industrials
Industry: Metal Fabrication
Keywords: Mining Telecommunications Steel Batteries Wireless Communication Irrigation Fasteners Federal Government Metal Products Infrastructure Products Materials Science Zinc Manganese Tubular Products Powder Coating Anodizing Coatings Corrosion Prevention Electrical Transmission Irrigation Equipment Galvanization Power Distribution Equipment Manufacturing Sectors Metal Structures

Is VMI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 300.6144
52 Week Low 187.6297
Average Volume 172,640
200-Day Moving Average 229.83
50-Day Moving Average 217.65
20-Day Moving Average 218.84
10-Day Moving Average 214.08
Average True Range 4.08
RSI (14) 42.20
ADX 19.28
+DI 17.96
-DI 25.27
Chandelier Exit (Long, 3 ATRs) 219.27
Chandelier Exit (Short, 3 ATRs) 221.13
Upper Bollinger Bands 230.17
Lower Bollinger Band 207.51
Percent B (%b) 0.23
BandWidth 10.35
MACD Line -1.96
MACD Signal Line -1.09
MACD Histogram -0.8715
Fundamentals Value
Market Cap 4.44 Billion
Num Shares 20.9 Million
EPS 7.25
Price-to-Earnings (P/E) Ratio 29.33
Price-to-Sales 1.16
Price-to-Book 3.32
PEG Ratio 1.58
Dividend 2.35
Dividend Yield 1.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 216.23
Resistance 3 (R3) 216.60 215.78 215.63
Resistance 2 (R2) 215.78 214.86 215.59 215.43
Resistance 1 (R1) 214.20 214.29 213.79 213.83 215.23
Pivot Point 213.38 213.38 213.17 213.19 213.38
Support 1 (S1) 211.80 212.46 211.39 211.43 210.03
Support 2 (S2) 210.98 211.89 210.79 209.83
Support 3 (S3) 209.40 210.98 209.63
Support 4 (S4) 209.03