VCNX resistance levels
Next resistance areas above the price
Prices above the last close where VCNX made swing highs and turned lower before, nearest first.
| # | Area | Above close | What happened there | Volume |
|---|---|---|---|---|
| 1 | $3.89 to $4.01 | +3.0% 0.2 ATR | 1 swing high: Nov 21, 2024 at $3.95 11 sessions traded up into it and closed below it; last traded in Nov 27, 2024 (1 session ago); last closed above it Oct 30, 2024. | 2.0% |
| 2 | $4.75 to $4.87 | +25.7% 2.1 ATR | 1 swing high: Oct 31, 2024 at $4.81 6 sessions traded up into it and closed below it; last traded in Oct 31, 2024 (20 sessions ago); last closed above it Sep 18, 2024. | 2.5% |
| 3 | $5.45 to $5.56 | +44.2% 3.7 ATR | 1 swing high: Aug 15, 2024 at $5.51 7 sessions traded up into it and closed below it; last traded in Sep 18, 2024 (51 sessions ago); last closed above it Sep 17, 2024. | 0.9% |
| 4 | $5.85 to $6.00 | +54.8% 4.6 ATR | 2 swing highs: Sep 3, 2024 at $5.85, Sep 17, 2024 at $6.00 3 sessions traded up into it and closed below it; last traded in Sep 17, 2024 (52 sessions ago); last closed above it Jul 30, 2024. | 0.9% |
| 5 | $8.84 to $8.96 | +133.9% 11.1 ATR | 1 swing high: Jul 30, 2024 at $8.90 1 session traded up into it and closed below it; last traded in Jul 30, 2024 (86 sessions ago). | 0.1% |
For context, not areas: high since Jul 1, 2024 $8.90 · 50-day average $3.16 (averages move every day).
Built from 107 daily sessions, Jul 1, 2024 to Nov 29, 2024 (end-of-day data; our history starts Jul 1, 2024). A swing high is the highest high within 5 sessions on each side, so the last 5 sessions cannot form one yet. Swing highs within half an ATR of each other form one area (ATR $0.4545, the average daily range over 14 sessions). Volume share spreads each session’s volume evenly across its high-low range, so it is an approximation.
Formula pivots by timeframe
Arithmetic on each prior period’s high, low and close. No trading took place at these prices.
| Timeframe | S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Daily | $3.09 | $3.31 | $3.50 | $3.72 | $3.91 | $4.13 | $4.32 |
| Weekly | $2.23 | $2.64 | $3.13 | $3.54 | $4.03 | $4.44 | $4.93 |
| Monthly | $-2.2367 | $-0.4233 | $1.18 | $3.00 | $4.60 | $6.42 | $8.02 |
Every formula level vs the current price
| Price | Side | From |
|---|---|---|
| $1.18 | support | Monthly S1 |
| $1.39 | support | 52-week low |
| $2.23 | support | Weekly S3 |
| $2.64 | support | Weekly S2 |
| $3.00 | support | Monthly Pivot |
| $3.09 | support | Daily S3 |
| $3.13 | support | Weekly S1 |
| $3.31 | support | Daily S2 |
| $3.50 | support | Daily S1 |
| $3.54 | support | Weekly Pivot |
| $3.72 | support | Daily Pivot |
| $3.91 | resistance | Daily R1 |
| $4.03 | resistance | Weekly R1 |
| $4.13 | resistance | Daily R2 |
Read from our end-of-day daily bars, as of 2024-11-29. 6 held, 3 not held.
- Daily price history107 sessionsREPORTED End-of-day daily bars, split-adjusted; as of 2024-07-01 to 2024-11-29. No single source document identified.
- Last close3.78 USDREPORTED End-of-day daily bars, split-adjusted; as of 2024-11-29. No single source document identified.
- Resistance areas above the close5DERIVED Swing highs in end-of-day daily bars, split-adjusted; as of 2024-07-01 to 2024-11-29. No single source document identified.
- Daily pivotsDERIVED Floor-trader pivots on end-of-day daily bars, split-adjusted; as of prior period, to 2024-11-29. No single source document identified.
- Weekly pivotsDERIVED Floor-trader pivots on end-of-day daily bars, split-adjusted; as of prior period, to 2024-11-29. No single source document identified.
- Monthly pivotsDERIVED Floor-trader pivots on end-of-day daily bars, split-adjusted; as of prior period, to 2024-11-29. No single source document identified.
- Yearly pivots: the history does not cover a full prior period.
- Intraday prices: end-of-day bars only; nothing here moves during the session.
- Trading before 2024-07-01: outside the window these levels read.
Keep going: VCNX workspace · VCNX max pain & open interest · look up another ticker · SMA 200 trend
VCNX resistance & support FAQ
What are VCNX's resistance levels?
As of Nov 29, 2024, the nearest resistance area above VCNX's $3.78 close is $3.89 to $4.01, 3.0% higher, where it made 1 swing high. 5 areas sit above the close in our data; the table lists up to 25, nearest first.
How are the resistance areas found?
From the stock’s own daily trading since Jul 1, 2024, adjusted for splits. A swing high is the highest high within 5 sessions on each side; swing highs within half an average daily range (ATR) of each other form one area. Each area lists the dates it was made, how many sessions traded into it and closed below it, and the share of volume traded inside it. No score is blended from these.
Do these areas predict where price will stop?
No, and we tested it. On 136 stocks, price that reached the nearest area failed to close above it within 5 sessions 33.4% of the time (427 of 1277), against 33.3% at random bands of the same width (408 of 1227). That is no measurable difference. They describe where price turned before; they are not a forecast or a recommendation.
How are the pivots calculated?
Classic floor-trader pivots: the pivot point is the average of the prior period’s high, low and close, and the support and resistance rungs are symmetric multiples around it. They are arithmetic, so no trading took place at those prices.