US stock / ETF

Valero Energy Corporation

VLO · NYSE · USD

4 hoursBearish82%
4h Downside probability 82%Bearish

VLO 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $303.57 and stabilize above resistance $316.82.

Invalidation Trigger

Break above $316.82 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.6, MACD -0.898

4h
Volatility EnvironmentRange
Low volatility

ATR is $4.55 (1.52%)

4h

EMA Structure

Range
EMA 8$300.87Bearish
EMA 21$303.57Bearish
EMA 50$303.46Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.6 · MACD -0.898

Momentum is weak

Strength
Bearish
Volatility
ATR $4.55 · BB 5.25%

Low volatility

Strength
Range
Volume
MFI 35.2 · OBV 7.23%

Relative to 20-period average volume

Strength
Range
Price Levels
$284 - $316.82

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.66% · 5.0 ATR above latest close

$321.37
Nearest resistance

+6.14% · 4.0 ATR above · 34-bar high

$316.82
Current price

Price shown is delayed

$298.5
Nearest support

-4.86% · 3.2 ATR below · 34-bar low

$284
Deeper support zone

-6.38% · 4.2 ATR below latest close

$279.45
ATR zone

Latest close ± ATR14

$293.95 - $303.05

Indicators

Trend

Dow Theory Structure

Confirmation $291.46, invalidation $308.44

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

49.1 / 5.5 / 37.0Bearish
Supertrend (10,3)

Price is above Supertrend

$284.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$302.04 / $302.5Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

Low volatility

$4.55 (1.52%)Range
Bollinger Bands (20,2)

Width 5.25%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$312.66 / $294.25Range
ATR channel lower / upper

Current Volatility Envelope

$293.95 / $303.05Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$316.82Range
Support

Nearest Downside Decision Level

$284Range

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-0.898Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.9 / 30.1Bearish
Williams %R (14)

Neutral zone

-70.1Range
CCI (20)

Weak expansion

-134.4Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.2Bearish
OBV slope

20-period OBV slope

7.23%Bullish
Volume ratio

Relative to 20-period average volume

1.52xBullish

Trend

Dow Theory Structure

Confirmation $291.46, invalidation $308.44

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

49.1 / 5.5 / 37.0Bearish
Supertrend (10,3)

Price is above Supertrend

$284.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$302.04 / $302.5Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-0.898Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.9 / 30.1Bearish
Williams %R (14)

Neutral zone

-70.1Range
CCI (20)

Weak expansion

-134.4Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$4.55 (1.52%)Range
Bollinger Bands (20,2)

Width 5.25%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$312.66 / $294.25Range
ATR channel lower / upper

Current Volatility Envelope

$293.95 / $303.05Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.2Bearish
OBV slope

20-period OBV slope

7.23%Bullish
Volume ratio

Relative to 20-period average volume

1.52xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$316.82Range
Support

Nearest Downside Decision Level

$284Range

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