US stock / ETF

Viatris Inc.

VTRS · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

VTRS 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $17.15 and stabilize above resistance $18.39.

Invalidation Trigger

Break above $18.39 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.8, MACD -0.137

4h
Volatility EnvironmentRange
Medium volatility

ATR is $0.3821 (2.33%)

4h

EMA Structure

Bearish
EMA 8$16.77Bearish
EMA 21$17.15Bearish
EMA 50$17.27Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.8 · MACD -0.137

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3821 · BB 12.69%

Medium volatility

Strength
Range
Volume
MFI 52.2 · OBV -43.34%

Relative to 20-period average volume

Strength
Range
Price Levels
$16.2 - $18.39

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.26% · 6.1 ATR above latest close

$18.77
Nearest resistance

+11.93% · 5.1 ATR above · 34-bar high

$18.39
Current price

Price shown is delayed

$16.43
Nearest support

-1.4% · 0.6 ATR below · 34-bar low

$16.2
Deeper support zone

-3.73% · 1.6 ATR below latest close

$15.82
ATR zone

Latest close ± ATR14

$16.05 - $16.81

Indicators

Trend

Dow Theory Structure

Confirmation $16.2, invalidation $16.72

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

Trend strength is active

30.7 / 16.5 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$15.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$17.3 / $17.3Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Medium volatility

$0.3821 (2.33%)Range
Bollinger Bands (20,2)

Width 12.69%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$18.04 / $16.24Range
ATR channel lower / upper

Current Volatility Envelope

$16.05 / $16.81Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$18.39Range
Support

Nearest Downside Decision Level

$16.2Range

Momentum

RSI (14)

Momentum is weak

34.8Bearish
MACD (12,26,9)

Histogram is negative

-0.137Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 15.8Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-124.6Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.2Range
OBV slope

20-period OBV slope

-43.34%Bearish
Volume ratio

Relative to 20-period average volume

1.53xBullish

Trend

Dow Theory Structure

Confirmation $16.2, invalidation $16.72

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

Trend strength is active

30.7 / 16.5 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$15.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$17.3 / $17.3Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

34.8Bearish
MACD (12,26,9)

Histogram is negative

-0.137Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 15.8Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-124.6Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$0.3821 (2.33%)Range
Bollinger Bands (20,2)

Width 12.69%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$18.04 / $16.24Range
ATR channel lower / upper

Current Volatility Envelope

$16.05 / $16.81Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.2Range
OBV slope

20-period OBV slope

-43.34%Bearish
Volume ratio

Relative to 20-period average volume

1.53xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$18.39Range
Support

Nearest Downside Decision Level

$16.2Range

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