US stock / ETF

Valero Energy Corporation

VLO · NYSE · USD

4 hoursBullish86%
4h Upside probability 86%Bullish

VLO 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $335 and reclaim $353.4.

Invalidation Trigger

Lose $335 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 53.6, MACD -0.126

4h
Volatility EnvironmentBullish
Low volatility

ATR is $4.78 (1.38%)

4h

EMA Structure

Bullish
EMA 8$345.51Bullish
EMA 21$344.72Bullish
EMA 50$339.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.6 · MACD -0.126

Neutral zone

Strength
Bullish
Volatility
ATR $4.78 · BB 3.92%

Low volatility

Strength
Bullish
Volume
MFI 55.4 · OBV 11.51%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$335 - $353.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.4% · 2.5 ATR above latest close

$358.18
Nearest resistance

+2.02% · 1.5 ATR above · 34-bar high

$353.4
Current price

Price shown is delayed

$346.39
Nearest support

-3.29% · 2.4 ATR below · 34-bar low

$335
Deeper support zone

-4.67% · 3.4 ATR below latest close

$330.22
ATR zone

Latest close ± ATR14

$341.61 - $351.17

Indicators

Trend

Dow Theory Structure

Confirmation $350.99, invalidation $341.25

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.5 / 17.4 / 28.4Bearish
Supertrend (10,3)

Price is above Supertrend

$332.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$343.41 / $333.05Bullish
Donchian Channel (20)

20-period breakout channel position

71%Range

Volatility

ATR (14)

Low volatility

$4.78 (1.38%)Bullish
Bollinger Bands (20,2)

Width 3.92%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$354.34 / $335.28Bullish
ATR channel lower / upper

Current Volatility Envelope

$341.61 / $351.17Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$353.4Range
Support

Nearest Downside Decision Level

$335Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is negative

-0.126Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.2 / 65.3Bullish
Williams %R (14)

Neutral zone

-28.8Range
CCI (20)

Balanced zone

32.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.4Bullish
OBV slope

20-period OBV slope

11.51%Bullish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $350.99, invalidation $341.25

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.5 / 17.4 / 28.4Bearish
Supertrend (10,3)

Price is above Supertrend

$332.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$343.41 / $333.05Bullish
Donchian Channel (20)

20-period breakout channel position

71%Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is negative

-0.126Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.2 / 65.3Bullish
Williams %R (14)

Neutral zone

-28.8Range
CCI (20)

Balanced zone

32.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$4.78 (1.38%)Bullish
Bollinger Bands (20,2)

Width 3.92%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$354.34 / $335.28Bullish
ATR channel lower / upper

Current Volatility Envelope

$341.61 / $351.17Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.4Bullish
OBV slope

20-period OBV slope

11.51%Bullish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$353.4Range
Support

Nearest Downside Decision Level

$335Range

Related Forecasts