Overall MOVE gets a technical rating of 6 out of 10. In the last year, MOVE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, MOVE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.73. Right above this resistance zone may be a good entry point.
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9.95
When analyzing the support we notice one important area.
- Support @10.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.73 to 10.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.74 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for MOVE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MOVE is up. |
| ChartMill Relative Strength | 6.41 | NEGATIVE | MOVE has a low relative strength, it was outperformed by 93.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOVE is above 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) | 56.31 | NEUTRAL | The RSI value for MOVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MOVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.09 | NEUTRAL | The Stochastics value for MOVE is a neutral value. |
| Average True Range in percent/ATR (20) | 19.86 | HIGH VOLATILITY | The high ATR as a percentage value for MOVE suggests high volalility. |
| Average Directional Index/ADX (14) | 43.47 | POSITIVE | The high ADX value value for MOVE suggests a strong trend. |
10.5
-0.14 (-1.32%)
MOVANO INC / MOVE FAQ
What is the technical rating for MOVE stock?
ChartMill assigns a technical rating of 6 / 10 to MOVE.
What is the trend direction for MOVE stock?
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 56.3062. This indicates that the stock is currently neutral.
What is the MACD signal for MOVE stock?
The MACD indicator for MOVANO INC (MOVE) has a value of 0.0259437, indicating a bearish trend.
What are the support and resistance levels for MOVANO INC (MOVE) stock?
MOVANO INC (MOVE) has a support level at 10.05 and a resistance level at 10.73. Check the full technical report for our detailed analysis of MOVE support and resistance levels.