Valero Energy Corp. (VLO) continues to exhibit strong technical characteristics, reflected in its SMAX score of 9/10 and its ranking of 68th out of 505 stocks in the SIA S&P 500 Index Report. The stock remains in the Favoured zone, indicating continued relative strength versus much of the market. Although the Energy sector backdrop is mixed, ranking 10th out of 31 sectors and falling six positions over the past quarter, Valero has maintained a relatively strong position.