Today at a glance: the North Carolina manufacturing company went up to $30.17, gaining 1.65%.

Vontier's uptick comes amid good United States macroeconomic data released during the day — data for United States Non Farm Payrolls published today at 12:30 UTC came out at 339,000, beating projections of 180,000 and showing improvement over the preceding figure of 294,000.

On the flip side, following a previous reading of 0.4%, Average Hourly Earnings in United States released today at 12:30 UTC fell short of the 0.4% figure expected by analysts with an actual reading of 0.3%. Highly important Unemployment Rate data from United States beat analyst expectations of 3.5 with a reading of 3.7.

A study of Vontier's chart reveals various key levels to watch: Vontier Corporation is 4 cents away from testing key resistance at $30.21. Peaking above this level could inspire market bulls and open the path to further gains. Concerning technical analysis and more specifically, trend indicators, the Commodity Channel Index (CCI) indicator is above +100, meaning the market price is unusually high compared to the rolling average. According to momentum evaluation, the RSI is a momentum oscillator that measures changing price movements on a scale of 0-100. In Vontier's case, the index has risen above 70, signalling that the asset is overbought. According to asset volatility analysis, Vontier's upper Bollinger Band® is at $30.53, this is a slight indication of a slowdown.

Overall, while Vontier has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

This rally in Vontier's share price coincided with other technology stocks as IBM gained 1.97%, as it traded at $132.38. Accenture plc Class A (Ireland) added 2.05% to its value, and traded at $311.47. Adobe was up 2.25%.

Trading mostly sideways for 1 year, 5 months. Over the past 3 days, the North Carolina manufacturing company has retreated 1.23% from a noteworthy peak of $30.05.