VIVID SEATS INC - CLASS A (SEAT) Stock Technical Analysis
NASDAQ:SEAT - Nasdaq - US92854T1007 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SEAT. SEAT 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.
98% of all other stocks performed better in the past year than SEAT.
SEAT is one of the lesser performing stocks in the Entertainment industry. 90% of 71 stocks in the same industry do better.
SEAT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SEAT is lagging the market.
In the last month SEAT has a been trading in the 1.54 - 2.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SEAT has an average volume of 2128880 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.
The technical rating of SEAT 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
1.54
3.04
3 important resistance areas can be observed.
- Resistance @2.26 from a trend line in the daily time frame.
- Resistance @2.82 from a trend line in the daily time frame.
- Resistance @3.01 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 SEAT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SEAT is down. |
| ChartMill Relative Strength | 2.12 | NEGATIVE | SEAT has a low relative strength, it was outperformed by 97.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SEAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SEAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SEAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.2 | NEUTRAL | The RSI value for SEAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SEAT has a negative trend. |
| Stochastics (14,3) | 5.95 | OVERSOLD | The low Stochastics value suggests SEAT may be oversold. |
| Average True Range in percent/ATR (20) | 12.35 | HIGH VOLATILITY | The high ATR as a percentage value for SEAT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.13 | POSITIVE | The high ADX value value for SEAT suggests a strong 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)
1.56
-0.08 (-4.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-4.88%
1 Week-15.68%
2 Weeks-20.41%
1 Month-41.79%
3 Month-62.32%
6 Month-56.42%
12 Month-69.11%
2 Year-78.66%
3 Year-82.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%12.35%
ATR Inc-20.35%
Range Today0.09
ADR(20)0.15
ADR(20)%9.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.12
Mansfield-6.1
10 Day High2.04
10 Day Low1.54
20 Day High2.83
20 Day Low1.54
52 Week High5.9
52 Week Low1.54
CS1 EndN/A
CR1 Start2.26
Volume & EV
DER(3)-2.09%
DER(5)-0.21%
Volume2.70M
Volume Incr-45.51%
Vol(5)1.35M
Vol(50)2.13M