VIVID SEATS INC - CLASS A (SEAT) Stock Technical Analysis
NASDAQ:SEAT - Nasdaq - US92854T1007 - Common Stock - Currency: USD
We assign a technical rating of 1 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than SEAT.
SEAT is one of the lesser performing stocks in the Entertainment industry. 85% of 72 stocks in the same industry do better.
SEAT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SEAT is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SEAT has a been trading in the 1.44 - 1.97 range, which is quite wide. It is currently trading near the high of this range.
SEAT has an average volume of 1876650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 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
1.77
3.48
When analyzing the support we notice one important area.
- Support @1.79 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.92 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.01 from a horizontal line in the daily time frame.
- Resistance @3.45 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for SEAT is neutral. |
| ChartMill Relative Strength | 4.43 | NEGATIVE | SEAT has a low relative strength, it was outperformed by 95.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEAT is above the rising 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) | 50.77 | NEUTRAL | The RSI value for SEAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SEAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.45 | OVERBOUGHT | The high Stochastics value suggests SEAT may be overbought. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for SEAT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for SEAT 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)
1.91
-0.03 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.55%
1 Week6.11%
2 Weeks16.46%
1 Month2.14%
3 Month-32.03%
6 Month-45.74%
12 Month-64.43%
2 Year-75.88%
3 Year-74.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%5.56%
ATR Inc-12.51%
Range Today0.11
ADR(20)0.1
ADR(20)%5.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.43
Mansfield-4.98
10 Day High1.97
10 Day Low1.66
20 Day High1.97
20 Day Low1.44
52 Week High5.9
52 Week Low1.44
CS1 End1.79
CR1 Start1.92
Volume & EV
DER(3)4.05%
DER(5)1.6%
Volume1.13M
Volume Incr-20.57%
Vol(5)1.07M
Vol(50)1.88M