Taking everything into account, MOVE scores 1 out of 10 in our technical rating. MOVE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than MOVE.
- MOVE is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 82% of 35 stocks in the same industry do better.
- MOVE 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 MOVE has a been trading in the 6.16 - 12.08 range, which is quite wide. It is currently trading near the lows of this range.
- MOVE has an average volume of 1058370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MOVE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.81, a Stop Loss order could be placed below this zone.
More info and screens
6.72
We found 1 important support area.
- A support zone ranging from 6.79 to 6.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @7.49 from a trend line in the daily time frame.
- Resistance @8.29 from a trend line in the daily time frame.
- Resistance @10.80 from a horizontal line in the weekly time frame.
- Resistance @13.00 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MOVE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOVE is down. |
| ChartMill Relative Strength | 5.44 | NEGATIVE | MOVE has a low relative strength, it was outperformed by 94.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOVE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MOVE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MOVE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.68 | NEUTRAL | The RSI value for MOVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MOVE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.28 | NEUTRAL | The Stochastics value for MOVE is a neutral value. |
| Average True Range in percent/ATR (20) | 12.8 | HIGH VOLATILITY | The high ATR as a percentage value for MOVE suggests high volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for MOVE suggests a possible start of a new trend. |
7.16
+0.13 (+1.85%)
MOVANO INC / MOVE FAQ
What is the technical rating for MOVE stock?
ChartMill assigns a technical rating of 1 / 10 to MOVE.
Can you provide the trend direction for MOVANO INC?
The current trend direction for MOVANO INC (MOVE) is Bearish.
What is the RSI signal for MOVE stock?
MOVANO INC (MOVE) has an RSI value of 39.6832. This indicates that the stock is currently neutral.
What is the short term momentum for MOVANO INC (MOVE) stock?
The short term momentum for MOVANO INC (MOVE) is negative.
Can you provide the buy/sell signal for MOVANO INC?
The buy/sell signal for MOVANO INC (MOVE) is sell as both the short term and long term trends are negative.