VIAVI SOLUTIONS INC (VIAV)

US9255501051 - Common Stock

7.52  +0.13 (+1.76%)

After market: 7.52 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to VIAV. VIAV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VIAV is a bad performer in the overall market: 86% of all stocks are doing better.
VIAV is part of the Communications Equipment industry. There are 54 other stocks in this industry, of which 71% are performing better than VIAV.
VIAV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month VIAV has a been trading in the 7.10 - 7.93 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
VIAV has an average volume of 1602780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
VIAV Weekly chart
VIAV Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, VIAV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 7.51, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

7.18

10.55

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 7.37 to 7.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @7.25 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • Resistance @7.59 from a trend line in the daily time frame.
  • A resistance zone ranging from 7.75 to 7.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.88 from a trend line in the weekly time frame.
  • Resistance @10.45 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.2
Mansfield-2.84
10 Day High7.91
10 Day Low7.23
20 Day High7.93
20 Day Low7.1
52 Week High11.65
52 Week Low7.1
Performance
1 Week1.9%
2 Weeks-2.84%
1 Month-6.23%
3 Month-22.71%
6 Month-10.26%
12 Month-24.72%
2 Year-48.03%
3 Year-57.1%
5 Year-37.59%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)42.66
LBB7.19
UBB7.88
VIAV Daily chart

VIAVI SOLUTIONS INC

NASDAQ:VIAV (5/31/2024, 7:12:13 PM)

After market: 7.52 0 (0%)

7.52

+0.13 (+1.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.76%
1 Week1.9%
2 Weeks-2.84%
1 Month-6.23%
3 Month-22.71%
6 Month-10.26%
12 Month-24.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%3.21%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.91
10 Day Low7.23
20 Day High7.93
20 Day Low7.1
52 Week High11.65
52 Week Low7.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.55M
Volume Incr-28%
Vol(5)1.12M
Vol(50)1.60M