MOVANO INC (MOVE) Stock Technical Analysis
NASDAQ:MOVE - US62459M2061 - Common Stock
0.735 USD
+0.14 (+23.01%)
0.68 USD
-0.05 (-7.48%)
Taking everything into account, MOVE scores 0 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
93% of all other stocks performed better in the past year than MOVE.
MOVE is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 77% are performing better than MOVE.
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 0.54 - 0.78 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of MOVE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.56
0.80
When analyzing the support we notice one important area.
- Support @0.57 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.77 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for MOVE is neutral. |
| ChartMill Relative Strength | 7.58 | NEGATIVE | MOVE has a low relative strength, it was outperformed by 92.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MOVE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MOVE is above a declining 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) | 60.02 | NEUTRAL | The RSI value for MOVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MOVE has a positive trend. |
| Stochastics (14,3) | 50.26 | NEUTRAL | The Stochastics value for MOVE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.63 | HIGH VOLATILITY | The high ATR as a percentage value for MOVE suggests high volalility. |
| Average Directional Index/ADX (14) | 11.68 | NEGATIVE | The low ADX value for MOVE suggests a weak or negative trend. |
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)
0.735
+0.14 (+23.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg23.01%
1 Week27.83%
2 Weeks20.1%
1 Month-4.56%
3 Month31.25%
6 Month-85.3%
12 Month-85.83%
2 Year-95.85%
3 Year-98.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%8.63%
ATR Inc137.62%
Range Today0.21
ADR(20)0.06
ADR(20)%8.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.58
Mansfield-7.87
10 Day High0.78
10 Day Low0.54
20 Day High0.78
20 Day Low0.54
52 Week High6.97
52 Week Low0.51
CS1 End0.57
CR1 Start0.77
Volume & EV
DER(3)13.15%
DER(5)9.26%
Volume3.99M
Volume Incr1138.44%
Vol(5)829.82K
Vol(50)629.60K